We have developed extensive experience in the negotiation of leases and fully understand the complexities of hospitality businesses that require lease agreements. Lease assistance may be required for the renewal of a lease, agreement of a new lease with a developer or a sale and leaseback arrangement. Core elements of our assistance with negotiation of leases include:
- Detailed operating projections of the business based either on historic performance of modeling of a new enterprise.
- We assume a conservative approach to our projections and take into consideration all of the associated risks with leases.
- Determine associated industry benchmarks for leases based on a percentage of revenue and EBITDA.
- Highlight the risks and achieve the most efficient and favorable lease terms on behalf of our clients by combining our hospitality and property development insight.
- Undertake draft and proposed lease due diligence.
We undertake detailed financial modelling incorporating a range of risk scenarios to ensure that lease terms are robust and realistic.