The Importance of Understanding Leases

Leases should never be overlooked when it comes to buying or selling a business.  After all, where your business is located and how long you can stay at that location plays a key role in the overall health of your business.  It is easy to get lost with “larger” issues when buying or selling a business.  But in terms of stability, few factors rank as high as that of a lease.  Let’s explore some of the key facts you’ll want to keep in mind where leases are concerned. The Different Kinds of Leases In general, there are three different kinds of leases: sub-lease, new lease and the assignment of the lease.  These leases clearly differ from one another, and each will impact a business in different ways. A sub-lease is a lease within a lease.  If you have a sub-lease then another party holds the original lease.  It is very important to remember that in this situation the seller is the landlord.  In general, sub-leasing will require that permission is granted by the original landlord.  With a … [Read more...]

Deli With Real Estate For Sale Cumberland County, NJ

What a great opportunity for a first-time buyer looking to get into this industry or for an experienced operator looking to expand. This business is well established being open for over 50 years. This deli is located on a heavily travelled road in Cumberland County, NJ and open for breakfast, lunch, and dinner. Asking Price: $449,000 Gross Revenue: $505,000 Cash Flow: $161,237 … [Read more...]