Commercial Leases for Restaurants and Franchise Operations

      By Mark E Dall and Noble Carter Hatfield

      Commercial Leases for Restaurants and Franchise Operations

      Commercial Leases for Restaurants and Franchise Operations

      By Mark E Dall and Noble Carter Hatfield

      Providing in-depth application of language and concepts for drafting and negotiating leases for restaurants and franchise operations, this book identifies the major issues and potential resolutions for problems that the authors have faced in their combined seventy years of legal experience. It is a useful resource for any attorney who works in this arena as it discusses leasing issues and language for restaurants and franchise operations from both a tenant and landlord perspective as well as from a franchisor perspective for franchises.

      Commercial Leases for Restaurants and Franchise Operations

      By Mark Dall and Noble Carter Hatfield

      Commercial Leases for Restaurants and Franchise Operations

      Commercial Leases for Restaurants and Franchise Operations

      By Mark Dall and Noble Carter Hatfield

      Providing in-depth application of language and concepts for drafting and negotiating leases for restaurants and franchise operations, this book identifies the major issues and potential resolutions for problems that the authors have faced in their combined seventy years of legal experience. It is a useful resource for any attorney who works in this arena as it discusses leasing issues and language for restaurants and franchise operations from both a tenant and landlord perspective as well as from a franchisor perspective for franchises.
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      A lawyer can substantially increase a client’s chance of success in a restaurant lease--or at least minimize the risk of failure--in two ways: first, by reviewing and negotiating the lease of the restaurant’s premises, identifying and evaluating the risks and negotiating changes, and secondly, through the careful review and negotiation of the franchise agreement if the client pursues that option.

      Franchised operations are popular for people investing in restaurants as this purchase can give restaurateurs a head start in terms of brand recognition, marketing, consistency of food quality, and service. However, signing a boilerplate franchise agreement is not necessarily a recipe for success. It is essential that the franchise agreement and the commercial lease harmonize so that adherence to one document does not cause a violation with the other.

      Among the topics covered in the restaurant section are:
      • Computation of rental charges and rent offsets
      • Operational issues: hours, go dark provisions, definition of premises, and more
      • Construction
      • The emerging category of "grocerants"
      This section concludes with an extensive array of restaurant leasing clauses, from CPI increases and rent stabilization clauses to language for premises issues such as lighting, valet parking, and more.

      Chapters focused on working with a restaurant franchise consider issues related to the client, choosing a landlord and location, management, architect and general contractor, he franchisor and the franchise agreement, and the lender.

      Product Details

      Authors

      Mark E Dall, Noble Carter Hatfield

      Sponsors

      Section of Real Property, Trust and Estate Law

      Publishers

      ABA Book Publishing

      ISBN

      9781641051514

      Page Count

      208

      Product Code

      5431029

      Trim Size

      7 x 10 Paperback

      Publication Date

      6/14/2018 12:00:00 AM

      Authors

      Mark Dall, Noble Carter Hatfield

      Sponsors

      Section of Real Property, Trust and Estate Law

      Publishers

      ABA Book Publishing

      ISBN

      9781641051521

      Page Count

      208

      Product Code

      5431029EBK

      Trim Size

      7 x 10

      Publication Date

      6/14/2018 12:00:00 AM

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