In the past a “good” lease was always considered the most valuable asset of a restaurant.
Post COVID-19, it has become the restaurant’s greatest liability.
I realize how difficult the past few months have been for everyone in the restaurant industry and I just wanted to share with you my observations, based upon my personal experience as a commercial real estate broker specializing in the sale, leasing and appraising of restaurant businesses.
This summary is presented for informational and educational purposes only, does not constitute legal advice, nor create an attorney-client relationship. For a full understanding of the issues, please contact counsel of your choice.