This piece is the final part in our series on how to buy a restaurant, where we walk through buying a restaurant from start to finish. Want to know more about finding a restaurant or sending a letter of intent? Read the previous articles in this series: “Finding Real Estate to Purchase” and “Steps to … Read more How to Buy A Restaurant: What Is Escrow & How Does It Work?
This is the second installment in our series on buying a restaurant, where we share information about each step of the restaurant buying process. Read our first article to learn how to find a restaurant to buy. Some people are on the hunt for property to start a new restaurant, and others would rather buy … Read more How to Buy a Restaurant: Steps to Negotiating the Deal
Branson, Missouri has earned several monikers since it’s establishment in 1912. It’s been called “The New Nashville” because of its bluegrass and country music roots. While Branson is indeed the “live music capital of the entire universe,” it’s got more than a selection of live shows to draw tourists. Branson is bustling with retailers, restaurants, … Read more 5 Reasons to Bring Your Business to Branson
Are you looking for a new tenant? Is it time to sell your property? Are you asking yourself “how do I list a commercial property?” Handling commercial real estate transactions can be tricky. Selling commercial property is more complex than you might expect, and finding the right tenant can be just as difficult. Office, retail, … Read more Guide to Preparing & Listing Commercial Real Estate
Companies with open offices and shared workspaces were significantly affected in 2020. The pandemic caused many to close and establish temporary remote work policies. As health risks remain, large companies and small businesses continue to reconsider their work environments. Employees Enjoy Remote Work Many employees have appreciated—and even thrived—under work-from-home arrangements. Will remote work be … Read more Office Modifications For A Shifting Work Environment
The holiday season is around the corner. It’s time for good cheer, hot chocolate, twinkling lights, family and giving the perfect gift. Your holiday shopping may look different this year due to the pandemic, but local businesses can help you find Christmas, Hanukkah or Kwanzaa gifts for everyone on your list. New Holiday Shopping Habits … Read more 4 Reasons to Shop Local This Holiday Season
What is a concession in a lease agreement? Good question. One-time rent concessions are usually offered to attract new commercial tenants or entice current tenants to renew their lease. Concessions can come in many forms from offering decreased rent for a period to reducing service fees. In commercial real estate’s current landscape, concessions on rent … Read more Can Rent Concessions Help You During COVID-19?
Searching for rent relief or considering rent deferral? If your company or small business needs rent relief now or will in the coming months, it’s time to consider your options and have a conversation about rent concessions with your landlord. The state of commercial real estate has changed since the coronavirus pandemic began, but many … Read more What Is Rent Abatement?
Stephen Critchfield of Commercial One Brokers gives his insight on local commercial real estate trends during the COVID-19 pandemic. Read more about Stephen’s background, his insights on Missouri’s commercial real estate market this year, and his predictions for trends moving forward. This interview was originally published on COMMERCIALCafé and has been reposted to our blog with … Read more Stephen Critchfield Talks The State of Commercial Real Estate During Covid
As the COVID-19 pandemic continues, numerous businesses have shut their doors for good. Yelp’s Local Economic Impact Report from June 25, 2020, states that there have been nearly 140,000 business closures recorded on Yelp since March 1, 2020. Unfortunately, 41 percent of those businesses have permanently closed. The highest closure rates come from retail, restaurant, … Read more How Tenants & Landlords Can Try to Navigate COVID-19