Grow Further By Achieving Financial Efficiency Through Transparent Lease Negotiations

At Sprout Retail Group, our primary focus in lease negotiations is to minimise start-up costs, reduce monthly rental rates, and safeguard working capital. When local and landlord brokers engage in conversations without involving your Franchisee, the risks are significant:

• The Franchisee may end up bearing the costs of landlord's capital improvements.

• Free Rent periods and Option Periods could be omitted or left ambiguous.

• Monthly rents could escalate uncontrollably

• Terms for Signage requirements, Outdoor seating, Parking, and HVAC repairs may be inadequate.

• Potential savings of $50,000 to $200,000 could be overlooked in negotiations with local and landlord agents.​​

 

Our Core Fore Process is designed to maximize financial savings for Franchisees by focusing on four essential negotiation strategies:

1. Ensuring the landlord's capital improvements meet space customisation needs and municipal code requirements within the agreed rent.

2. Secure landlord contribution expectations clearly noted within lease. 

3. Structuring a monthly rental schedule aligned with your business's financial planning.

4. Negotiating a suitable build-out period, rent abatement, and addressing special permitting and building requirements crucial for lease termination.

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By adhering to these principles, Sprout Retail Group empowers Franchisees to make informed decisions, secure favourable lease terms, and optimize their financial outcomes from the outset of their commercial ventures.