Negotiating a Laundromat Lease the right way. Are You Leaving Money on the Table? LM Show S3 Ep48

Описание: Critical to your laundromat's success, but so often overlooked - lease negotiation strategies! Listen as Dave & Carla Menz discuss the critical elements to include in your lease, the often forgotten "extras", and the strategies behind creating a win-win for both your business and your landlord's!

Referenced Links:
• Dave’s Coaching: https://www.laundromatmillionaire.com...
• Free Resources: https://www.laundromatmillionaire.com...
• H-M Company Drain Troughs: https://draintroughs.com

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Our laundromats: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/deli...
Bureau of Labor Statistics: https://www.entrepreneur.com/starting...
Planet Laundry HVAC article: https://planetlaundry.com/the-abcs-of...


Timestamps
00:00 Laundromat Millionaire Intro
01:16 Why Lease is Critical for Laundromats
02:44 How much should you pay?
06:15 Items to Consider in Your Lease
06:27 Frontload Favorable Terms
10:01 How long is “long-term”
13:21 What is “Right of First Refusal”?
17:14 Watch Out for those Escalators!
20:41 Limit the CAM
24:23 What if someday you want to sell?
26:03 The Often-Missed Opportunities
26:15 Tenant Improvement Allowance
31:46 Dibs on Adjacent Spaces
35:08 Preferred Parking
37:12 Examine the HVAC
41:00 Free Rent??
41:57 Negotiation Strategies
45:50 The Art of Compromise
50:39 Closing