How to Negotiate a Lease with a Tenant Improvement Dollars Offering

Having a landlord contribute to your club's construction costs usually is a positive step, but costs and outcomes may vary. Paying close attention to detail and asking questions about how the money is spent are critical.

Even though banks are starting to lend again after an almost complete stoppage during the recession that started in 2008, borrowing money for a renovation or new club can still be a daunting task. For that reason, some club owners are getting funding from landlords because landlords have a stronger motivation to negotiate as they need to rent empty, non-revenue generating space.

Although it is a buyer's market today, landlords still want credit-worthy tenants, especially if they a

Register to view the full article

Club Industry Freemium Content

This content is FREE to access as a registered user on ClubIndustry.com.


Why register for Clubindustry.com? It’s simple and free and here is a sample of what you get:
• The latest breaking news on club operators, manufacturers and vendors, including mergers and acquisitions and financial reports
• Insights from Club Industry editors
• Advice from industry experts on how to improve your business

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish