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Permalink Reply by Wes Russell on August 8, 2012 at 11:32am

What all does this include? Is the landlord providing you an allowance? I think the landlord should be paying for items attached to the shell that are not associated with your specific business, IE. bathrooms, HVAC, general electrical like a new panel and outlets.

This has been my experience. 

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Permalink Reply by Jay Caragay on August 9, 2012 at 1:48pm

Deals vary with as many deals are made in the world.

If you can get it, ask the LL for a TIA (tenant improvement allowance), press for as much as you can get from LL.

If not, how about rent abatement?  Or free rent for X amount of months?  

If you want to buy land and build, it will almost certainly cost you more than $125sf.  But $85-$125sf isn't bad for a buildout - especially if you can save on construction costs and squeeze in some equipment for that.

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Permalink Reply by Nick Leichtentritt on August 9, 2012 at 2:22pm

Ask for the sky dude,  I got a lot more than I was "offered"   All they can do is say no.     Good luck man

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Permalink Reply by Marshall Fuss on August 9, 2012 at 5:32pm

It depends on the local real estate market, the particular building and its location and last, but not least, the disposition of your landlord. Your broker should be your best guide to what landlord concessions are typical in your community.

Just out of curiosity, why are you building a "generic" coffee shop? What's the plan behind that?

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Permalink Reply by Scott on August 9, 2012 at 6:23pm

Sounds about right.  I know of some that spend twice that.   

Word Marshall.

Tom - I don't know what it's like down in Tucson, but up here we are full of generic coffee shops.  We don't need anymore.  You should go for amazing.  Wow 'em.  If 1500 sq ft is too much, downsize to control cost.  We've had too amazing shops open in the last couple of months, both are smallish - one is only about 200 sq ft.  Or do you need the space for roasting?    Anyway good luck!

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Permalink Reply by Tom Dove on August 9, 2012 at 8:15pm

Wow 'em them yes,Genetic as in I do not have a space and are developing a business plan . no charo star 4 big bucks

Thank you everyone

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Permalink Reply by amy louise eaton on August 28, 2012 at 5:22pm

I guess it all depends where you are.....and what you are including. Are you talking the building and all attached (shelves, sinks, flooring, deck, electrical, etc..) but not your appliances, furnishings, equipment? I am rebuilding my shop after a total fire loss. I am going into a new building, completely gutting it at my own expense and then building my new shop. We may be in similar circumstances . . . ? I have lots of experience on the tenant side~

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