The
Podcast

Podcast Episode 132: The Must Have Guide to Leases For Brick and Mortar Studio Owners

My first lease negotiations were far from glamorous.

I was 6 months pregnant, across the country from our chosen location, and trying to do the best I could.

Unfortunately, the best proved in time it could have been way better {and that I was lucky I was in a low enough cost community to handle the consequences}.

Since then, I’ve negotiated dozens of leases on my behalf and on the behalf of my clients and with every lease, I’ve gotten more confident in my must have rules to leases….

After all, this one little document is likely the difference between major success and…

FAILURE.

And, no one wants to deal with that seven-letter “f” word.

So let’s deep dive into the nitty-gritty, the often missed {yes, even by commercial real estate agents} and the when to make the leap from home or sublet studio to full on retail space.

Best part, you might just be able to take on some epic lease re-negotiations and use this podcast to save you thousands over the the next few years…

Or in the case of our best negotiations, $300,000 over 10 years… y’all, that’s the cost of a general manager’s base salary in most parts of the country. See why I mean, it’s worth it?

In today’s episode, you’ll learn:

  • Why the lease has to be right for all of the parties involved to truly work
  • The single most important thing to have when negotiating
  • How to know when is the right time to lease (and a calculation to use)
  • The basic terms and figures you’ll hear in the commercial leasing world
  • The key clauses and phrases in leases you’ll need to be on the lookout for
  • Why a shorter lease may not be in your best interest
  • Remember to always ASK!

With grit + gratitude,

Lisé

Recommended Episodes

  • The 7-Figure Teacher Training Framework

    Y'all, You've got a gold mine inside you, and it's time to dig it out. Think your expertise is just reserved for you? Think again.  In Episode 602, we're diving deep into the world of teacher training programs.  Here’s the breakdown: Your knowledge is more than power—it’s profit.Sooo tune into Episode 602 and we’ll go…

    Listen Now

  • Boutique Bliss: Mastering Mind, Body, and Business

    Y'all, What’s your superpower?  For Jasmine, it’s mindfulness. In Episode 601, we’re chatting with Jasmine Judson, who took mindfulness from her mat to the map, creating the worldwide movement Shakti Rise.” Here's the scoop: Jasmine's story proves mindfulness doesn’t just build a better body… It builds a better business and community. So plug in and…

    Listen Now

  • 7-Figure studios 600th Episode Celebration

    Y'all, This one's not just another episode; it's a milestone! Episode 600 drops us into the lives of five fearless studio owners, all who've danced with chaos and led it into a waltz of success.  Ever thought success was a clean, straight path? Let's rethink that. As we crack open the doors to these unique…

    Listen Now

  • Big Box vs Boutique: The strategies that big box has used for years that you need to steal today

    Y'all, Joshua Poole didn't just survive managing a fitness studio during the pandemic. He turned chaos into a 15% revenue increase month over month. From front desk to fitness mogul, his journey is the blueprint we've been missing. Here’s the scoop: If you've been looking for a sign to shake things up – this is…

    Listen Now