The Many Sides to a Lease

As many restaurateurs know, in growth environments, finding a location with a reasonable lease can be an exhausting challenge. It is a market-driven transaction defined by conditions well beyond the control of the operator: supply and demand, area demographics, quality of the building, and financial strength of the landlord. Nevertheless, there are metrics available to gauge the financial parameters: per square foot comps, incentives, built-in demand generators, and the like.