ExpertLaw.com Forums

What Percentage of Ownership of Restaurant for Being Lease Holder/Guarantor

Printable View

  • 11-11-2010, 11:39 PM
    elmasri4
    What Percentage of Ownership of Restaurant for Being Lease Holder/Guarantor
    My question involves business law in the state of: Pennsylvania


    Because an associate's negative financial history, it was guarantee denial when it came to leasing a retail space for a restaurant.

    I have offered to do the work of negotiating the 10 year lease with building management, and signing the lease as well as signing as Guarantor. HE would be paying the fees and security deposits.

    What would be a reasonable percentage of ownership for myself, the lease holder/guarantor to hold in said restaurant?
  • 11-13-2010, 10:40 PM
    Mr. Knowitall
    Re: What Percentage of Ownership of Restaurant for Being Lease Holder/Guarantor
    Somewhere between 0 and 100%, depending on the risks involved. Seriously, this isn't a legal question and turns on facts we don't know. Good luck with your negotiations.
All times are GMT -7. The time now is 02:25 PM.
Powered by vBulletin® Version 4.2.4
Copyright © 2023 vBulletin Solutions, Inc. All rights reserved.
Copyright © 2004 - 2018 ExpertLaw.com, All Rights Reserved