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missmojorising · 04-16-2008, 08:54 AM

Tenant Improvement monies should be based on square footage (Not just a blanket amount ~like 5K~) If they are offering 5K, you are basically getting/looking at a flooring allowance which is roughly $3.00 per square foot -- floor allowance is great but you better be ready to cover the cost on everything else -- for someone else's building -- like upgrading electric, more HVAC and plumbing. Did you use a commercial real estate agent to negotiate this space? Do you have a business plan? Do you realize this is a seasonal business and season is almost over? I will gladly answer any questions you might have by PM -- but you might not like the answers.

PS: How many other salons are near/around this great location?

04-16-2008, 08:54 AM	#6 (permalink)
missmojorising I Love Derf! Who Doesn't? Join Date: Nov 17 2004 Location: Suite B4 Posts: 1,779 Rep Power: 12	Re: LEASE NEGOTIATIONS Tenant Improvement monies should be based on square footage (Not just a blanket amount ~like 5K~) If they are offering 5K, you are basically getting/looking at a flooring allowance which is roughly $3.00 per square foot -- floor allowance is great but you better be ready to cover the cost on everything else -- for someone else's building -- like upgrading electric, more HVAC and plumbing. Did you use a commercial real estate agent to negotiate this space? Do you have a business plan? Do you realize this is a seasonal business and season is almost over? I will gladly answer any questions you might have by PM -- but you might not like the answers. PS: How many other salons are near/around this great location? __________________ Step In To The Light, While Loving Derf. www.simplytantexas.com Last edited by missmojorising; 04-16-2008 at 09:02 AM.