Learn how to properly draft and negotiate a restaurant lease and how to resolve issues that may occur.
Renting and operating a restaurant is a daunting task; one that requires numerous considerations, significant expenses and a lot of time and hard work. A good business plan, negotiating a good lease and excellent executions are all critical to success. Spending the time and resources to draft and negotiate strong restaurant lease is an important investment and one that is sure to pay dividends and prevent headaches in the future. With tight margins, high expenses, and stiff competition, one mistake can mean the difference between success and failure. This topic provides a road map for drafting and negotiating the best possible restaurant lease and maximizing one's chances for success.
Agenda
Faculty
Jonathan M. Grosser, Esq.
Royer Cooper Cohen Braunfeld Llc
- Partner in the office of Royer Cooper Cohen Braunfeld LLC
- Practice emphasizes all aspects of real estate
- Recently has served as leasing counsel to a locally based hotel REIT, a New York based enclosed mall REIT, a California based office REIT, and a local developer of major mixed-use projects in connection with all of their real estate needs
- Served as counsel to a Fortune 500 company in connection with the creation and implementation of a Master Leasing arrangement involving 3,000,000 (+/-) rentable square feet of office space
- Represented an investment group in connection with the acquisition and branding of multiple previously independent hotels
- Represented a multi-unit franchisee in connection with the acquisition, development and roll out of multiple well-known water ice franchises
- Represented a multi-unit franchisee in connection with the acquisition, development and roll out of multiple award-winning BBQ restaurants
- Conducts regular seminars and workshops on numerous real estate transaction topics, including, “Lease Workouts – How, Why and When,”and, “Are you a Closer? How to Avoid Common Pitfalls and Successfully Close Your Transactions”
- Membership information: Philadelphia Bar Association; New York State Bar Association; American Bar Association; Board Member, CoreNet Global, Philadelphia Chapter; International Council of Shopping Centers; New York State Bar Association, Real Property Section; Board Chairman, American Red Cross of Southeastern Pennsylvania, Montgomery County Chapter
- J.D. degree, New York Law School; B.A. degree, Tulane University
- Can be contacted at 267-546-0784 or [email protected]
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