Average Lease Price

jatkinson

New member
Jul 15, 2006
13
0
Any drive thru owners in Northern CA willing to share their monthly lease price (without naming names of course). We're in the process of re-negotiating our lease but the land owners want comparative lease rates of similar businesses before they will consider a permanent reduction. Our monthly rate is currently $1,650 and our daily car count ranges from
40-60. Thank you and any input is greatly appreciated.
 

nemoscoffee

New member
Jul 24, 2007
29
0
Colorado
jatkinson said:
Any drive thru owners in Northern CA willing to share their monthly lease price (without naming names of course). We're in the process of re-negotiating our lease but the land owners want comparative lease rates of similar businesses before they will consider a permanent reduction. Our monthly rate is currently $1,650 and our daily car count ranges from
40-60. Thank you and any input is greatly appreciated.

Wow, that means 33% of your revenues after subtracting cost of goods is going to rent (assuming you are open 30 days a month). The percentage would be higer if you are open fewer days...

I would be seeking a reduction in rent as well...
Good luck,
JD Anderson
Nemo's Coffee
 
OP
J

jatkinson

New member
Jul 15, 2006
13
0
  • Thread Starter
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  • #3
Lease Negotiation

We're now looking at changing the lease structure where the landowners receive a percentage of our monthly gross. Is there a general rule of thumb on what that percentage should be?

Thanks!
 

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