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How to Negotiate a Nightclub or Bar Lease

How to Negotiate a Nightclub or Bar Lease

Negotiating a bar lease is one of the key steps in the process of owning your bar and will have consequences that will ripple throughout your ownership of your bar or nightclub affecting everything from bar design and build-outs to how much money you will have to start your career in the bar business. If you don’t secure a favorable bar or nightclub lease, not only will you be paying much more than you should, but you may also get stuck paying it for a prolonged period of time. In fact, one of the reasons why so many first time bar and nightclub owners fail the first time LINK they venture into the business is because they mismanage this stage of the process.