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Owner of ALAS Bar is renewing a rental contract agreement with one of the local integrated resort. The resort offered two options for the new
Owner of ALAS Bar is renewing a rental contract agreement with one of the local integrated resort. The resort offered two options for the new contract. Option 1 - fixed rental of MOP$135,000 every month. Option 2 - a minimum monthly rental fee of MOP$75,000 plus 10% of the total revenue. Please advise which option should be used based on below budgeted numbers. Month Budgeted Guest Budgeted Average Count Check Jan 4,122 $121 Feb 3,825 $132 Mar 4,059 $110 Apr 4,250 $118 May 4,598 $115 Jun 4,456 $105
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