Hi Everyone,
I am in the process of opening a coffee bar and am slowly narrowing down options for locations. I have found a couple that I am interested in. As the lease negotiation gets underway, I am wondering what the prospective landlord will want from me. I am planning to put together a proposal inlcuding the following elements: the basic concept description, copy of planned menu, renderings of interior done by my architect specific to site, a general description of how my business will add value to the site and what our competetive edge will be.
I''m wondering if I will be required to present information on financial projections. I have of course completed these, but I''m not sure if it is customary to present this to the landlord? Anything else that I should provide that I have not mentioned?
Thanks in advance for all of your help!
I am in the process of opening a coffee bar and am slowly narrowing down options for locations. I have found a couple that I am interested in. As the lease negotiation gets underway, I am wondering what the prospective landlord will want from me. I am planning to put together a proposal inlcuding the following elements: the basic concept description, copy of planned menu, renderings of interior done by my architect specific to site, a general description of how my business will add value to the site and what our competetive edge will be.
I''m wondering if I will be required to present information on financial projections. I have of course completed these, but I''m not sure if it is customary to present this to the landlord? Anything else that I should provide that I have not mentioned?
Thanks in advance for all of your help!