The Worth of Your Business May Be Tied to Your Lease
by Todd Dorn
Yes, it is true, in many cases the business you worked so hard to build could be subject to the landlord’s rights under your lease. Many leases give the landlord the right to recapture your space, i.e. terminate your lease in the case of a lease assignment which is part of the process when a business is sold. In many cases, the location of the business will have a major impact on how much it is really worth. This especially holds true with retail space. When substantial tenant improvements are involved, it is important to protect your investment as well. There are other fine print areas in a lease that make it restrictive to assign a lease when you sell a business. Long term planning and attention to detail is paramount when it comes to leasing commercial space in addition to the short term financial aspects.
When your business is facing the important real estate decision of signing a lease, you may have concerns about several issues; the cost involved, hidden risks and obligations, the amount of time and money your business spends dealing with commercial real estate problems and the integrity of the company that advises and represents you. Your time and resources are extremely valuable.
At Dorn and Company, ‘The Lease Doctor’, we sort through the ever changing market issues and complexities such as available locations, current rates, concessions, zoning restrictions and other factors to give you as many viable commercial space options as possible, including hidden opportunities that are only known to our firm. We help you to understand your lease and reveal lease concessions you never thought of asking for. Whether you’re starting a new business, already have an existing location, you’re renewing your lease, consolidating or looking to expand and/or relocate, we are committed to exclusively representing the rights of the commercial tenant to help gain more affordable and sensible lease space under superior terms.
At Dorn and Company and ‘The Lease Doctor’ we have never represented the interest of the landlord, avoiding the inherent conflict of interest known in the industry. Founded by Todd Dorn in 1984, Dorn and Company is a “tenant only” representation firm. Having been associated with a major commercial real estate firm in earlier years while learning the landlord side of the business, I grew increasingly aware that the relationship between the tenant, the brokers, and the landlord was consistently least advantageous to the tenant. What I saw was a system where the entire process placed the interests of the landlords and their brokers first. This has driven me with determination to continue to develop a team that provides tenants with the representation they deserve and to level the playing field for all business tenants.
We do this while saving you 15-25% and more while protecting you against the inherent risks of the relatively unregulated commercial real estate industry. We also offer a comprehensive commercial real estate lease analysis, review and modification for a flat rate of $295. This covers any commercial real estate lease anywhere in the United States and includes a no cost initial consultation and we guarantee your satisfaction 100%.
For more information, call us at 1-888-413-7699. Or visit our websites at www.dornandcompany.com. And www.theleasedoc.com.





