You inform Sally that you have read and drafted all of the documents related to either the purchase or lease of the property, you suggest that you have a discussion analyzing the available options and issues that might impede the operation or make the deal costs prohibitive Sally agrees, Hey, I am a bit perplexed The purchase agreement appears to contain terms unfavorable to us We should organize all of the issues we might dispute and develop a negotiation strategy to argue favorable conditions and options These deals have a way of being great investments for the owners of the property Often, leasing terms are designed to squeeze all of the profit out of the tenants' operations You tell Sally that you developed a pro and con sheet for each document that you will present and discuss in the discussion assignment This way, we can develop aTerm Sheet (PDF)(Example) and negotiation strategy to deal with the broker But first, we need to calculate our potential operating costs to determine our potential income Supplemental Material Buying a Restaurant (Web Restaurant Store)(Links to an external site ) https www webstaurantstore com article 135 buying a restaurant html This article covers how much it costs to buy a restaurant and the steps you need to take to purchase a restaurant 10 most expensive restaurants in the world (USAToday)(Links to an external site ) https www usatoday com story travel destinations 2013 11 23 most expensive restaurant 3684335 Background to determine average per diner average costs in a Three Star Restaurant How Bob Chinn's Crab House Became The Highest Grossing Restaurant In The U S (Forbes)(Links to an external site ) https www forbes com sites dorothypomerantz 2012 07 18 how bob chinns crab house became the highest grossing restaurant in the u s 5382cd57258e Demonstration of potential gross revenue Figure out yearly income Gross Revenue ROI calculation determine (2) Gross Revenue (See Article Bob Chinns crab House ) ( Number of seats 259) ( average meal costs ) ($Y) (365 Days of operation ) Gross Revenue Determine an Average Meal cost using the rate charged by a Three Star Michelin restaurant comparison ( See B Article 10 most expensive restaurants in the world Fine dining at Michelin starred restaurants around the world can come at a price

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You inform Sally that you have read and drafted all of the documents related to either the purchase or lease of the property, you suggest

You inform Sally that you have read and drafted all of the documents related to either the purchase or lease of the property, you suggest that you have a discussion analyzing the available options and issues that might impede the operation or make the deal costs prohibitive. Sally agrees, "Hey, I am a bit perplexed. The purchase agreement appears to contain terms unfavorable to us. We should organize all of the issues we might dispute and develop a negotiation strategy to argue favorable conditions and options. These deals have a way of being great investments for the owners of the property. Often, leasing terms are designed to squeeze all of the profit out of the tenants' operations.

You tell Sally that you developed a pro and con sheet for each document that you will present and discuss in the discussion assignment. This way, we can develop aTerm Sheet (PDF)(Example) and negotiation strategy to deal with the broker. But first, we need to calculate our potential operating costs to determine our potential income

Supplemental Material:

Buying a Restaurant (Web Restaurant Store)(Links to an external site.) https://www.webstaurantstore.com/article/135/buying-a-restaurant.html
- This article covers how much it costs to buy a restaurant and the steps you need to take to purchase a restaurant.
10 most expensive restaurants in the world (USAToday)(Links to an external site.) https://www.usatoday.com/story/travel/destinations/2013/11/23/most-expensive-restaurant/3684335/
- Background to determine average per diner average costs in a Three-Star Restaurant
How Bob Chinn's Crab House Became The Highest-Grossing Restaurant In The U.S (Forbes)(Links to an external site.) https://www.forbes.com/sites/dorothypomerantz/2012/07/18/how-bob-chinns-crab-house-became-the-highest-grossing-restaurant-in-the-u-s/#5382cd57258e
- Demonstration of potential gross revenue.

Figure out yearly income

Gross Revenue- ROI calculation determine:(2)Gross Revenue:(See ArticleBob Chinns-crab-House) (Number of seats259) * (average meal costs) = ($Y) * (365Days of operation) =Gross Revenue. Determine an Average Meal cost using the rate charged by a Three Star Michelin restaurant comparison (See "B" Article:"10 most expensive restaurants in the world."Fine dining at Michelin-starred restaurants around the world can come at a price.