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Updated over 4 years ago,
How To Go About Buying Out A Lease
Hello all! I have been on the lookout for locations in Tacoma, Washington for a new I-502 retail store. I have found a building that is compliant and is in a great location. The problem is, the building isn’t for sale. I am not sure if the restaurant that is occupying the building owns or leases it.
My question is, what is the best way to go about talking to the restaurant owners about buying them out of their lease, or purchasing the building? Has anyone gone through this process and been successful? I am looking for any and all advice. Thank you!