Post by yeeeee on Feb 15, 2017 17:36:34 GMT
Quick question for everyone. We are currently at the end of our lease and in negotiations, our rent is expensive and eats up a majority of our profit. Our landlord wants us to commit to a 5 year lease renewal but thats a huge financial commitment - considering we could buy a building and build out for less than that commitment and have something to show for at the end of it.
A building is available for purchase but its not on a main road and its a stand alone building (not in a shopping center). I know a majority of our current members would follow because they love us (lol) and the location is only about one or two miles from our current location but I am wondering if moving to a less visible location would really hurt our future business.
What are your thoughts everyone?
A building is available for purchase but its not on a main road and its a stand alone building (not in a shopping center). I know a majority of our current members would follow because they love us (lol) and the location is only about one or two miles from our current location but I am wondering if moving to a less visible location would really hurt our future business.
What are your thoughts everyone?
