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Negotiate a Mid-term Rent Reduction

Monday, August 13th, 2012

Dale Willerton, The Lease Coach:

Whenever I speak at tanning conferences, I inevitably meet many struggling tanning salon owners leasing commercial or retail space. These tenants desperately need a rent reduction — now. Your monthly rental payment to the landlord is one of your biggest monthly expenses. Therefore, reducing this monthly lease payment is imperative for you to stay viable.

The Lease Coach has persuaded many landlords to reduce a tenant’s rent mid-term and on renewals. Click here for a few reasons why landlords make the concession, from the August issue of Smart Tan Magazine.

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