Tag Archive | restaurant lease

Breaking the curse of unlucky restaurant locations

Across South Florida, numerous locations stick out as unlucky addresses for restaurants — places with frequent turnover where nothing ever seems to stick. Restaurant flops can be blamed on lousy food, overpriced food, shoddy service, a flawed concept, lack of cash, inadequate parking, poor management, an off-the-beaten-path location or some […]

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What do restaurants want in a site?

Any commercial landlord would be thrilled to land a tenant like Parasole Restaurant Holdings or Hemisphere Restaurant Partners, two outfits whose track records place them among the most successful eatery creators in the state. And at a time when retail space vacancies are hovering around 8.5 percent in the Twin […]

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Struggling Restaurant Operators Are Turning to Lease Renegotiation to Reduce Costs

The number of independent restaurants has declined in the past two years, leaving landlords with empty buildings.  In light of these economic realities, a number of restaurants, including chain, independent and franchise businesses, have successfully worked with their landlords to lower their rent.  In a Foodservice Radio interview, Lou Boemia, […]

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