Pre-LOO Meeting

Each Franchisee is invited to participate in a scheduled conference call designed to foster direct agent-to-agent communication. This approach enhances transparency and empowers Franchisees to actively contribute throughout the negotiation process. By listening to our senior agent ask critical financial questions on your behalf, we strengthen a collaborative negotiation strategy aimed at maximizing the economic benefits of the transaction.

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The duration of negotiations varies based on each situation. Counter-offers can be resolved swiftly, sometimes within a day, or may extend up to two weeks. Patience is crucial as premature contact with the landlord can potentially lead to significant financial losses. Our strategic response times are meticulously managed because they directly impact your financial outcomes.

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Key FAQs

• How motivated is the landlord to lease the space, and what are the leasing intentions of current tenants?

• Can the landlord's listing agent confirm the property's condition aligns with our client’s needs upon walkthrough?

• Is the property compliant with all relevant regulations and other interior/exterior codes?

• What is the exact rentable square footage and the current unnegotiated rent?

• How long has the property been vacant, and what build-out and free rent incentives are available?

• What capital investments is the landlord prepared to make to bring the property to vanilla-shell condition?

• What tenant improvement allowance can be negotiated, and what is the condition of the HVAC system?

• Does the landlord prefer to handle tenant improvements with their shop-fitter or reimburse our client for improvements.

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Submitting the Letter of Offer

Following a successful walkthrough and our pre-LOO meeting, we collaborate closely with you to prioritize key objectives tailored to your personal and financial circumstances. This process involves addressing critical negotiation points to optimise lease terms and achieve your location and economic goals:

• Lease Terms

• Refundable Security Deposit

• Rental Abatement

• Early Termination Clauses

• Rental Rates

• Renewal Terms

• Tenant Improvements

• Parking Allocation

• Personal Guarantee

• Lease Execution

• Sublease Assignment

• Signage Requirements

• Exclusivity Clauses

• HVAC Requirements

• Build-out Period

• Demolition Costs​

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Each of these items represents a strategic bargaining opportunity aimed at securing favourable terms and achieving mutual benefits in the lease negotiation process.