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TOPIC: Your Opinion Of Lease Price

Re:Your Opinion Of Lease Price 21 Sep 2009 18:23 #32385

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rodeojack wrote:
Bob, if you really want to do this...

First, I'd satisfy myself that there really are no "big boys" that might want the place. That could strengthen your negotiating position if you're the only one seriously talking to them.

Finally, I would want a 90-day no-penalty cancellation clause in the lease; one that you could trigger for any reason. If everything is what they say, and you think, you should not need it and they should not be uncomfortable giving it to you.

When the lease in my place finally hit $13,500 (for 4 screens), that's what I used to pull the plug and stop the bleeding.

If you feel you can live with whatever lease you negotiate and you have a "last resort" way out, you might feel it easier to try the programming & marketing ideas you feel would work there.

Good luck!

Jack

Thanks Jack. I'll keep you all informed.
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 21 Sep 2009 20:16 #32388

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Bob,

We are setup with the Wii/Ps3/360.

Here are links for some near me www.thevirtualarena.com/ www.replayvideogames.com/
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Re:Your Opinion Of Lease Price 21 Sep 2009 20:46 #32389

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rufusjack wrote:
Bob,

We are setup with the Wii/Ps3/360.

Here are links for some near me www.thevirtualarena.com/ www.replayvideogames.com/

Thanks Jack. I'll forward them to my guy.

Bob
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 21 Sep 2009 20:48 #32390

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For those of you interested in the rent I have forwarded your comments to the property manager (without any names) and asked him to see if he could get an additional reduction from the owner.
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 24 Sep 2009 13:51 #32417

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Before I heard from the property manager my backer informed me he had to use his money elsewhere. So that's it for me. Thanks for all your advise guys.
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 24 Sep 2009 18:40 #32423

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Sorry to hear that, Bob.

The way you've stayed on this though, I'm betting you'll find something eventually.
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Re:Your Opinion Of Lease Price 25 Sep 2009 02:46 #32428

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Thanks Jack. I hope so. The passion I have to return to running a theatre is sometimes almost overwhelming.
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 29 Sep 2009 19:31 #32442

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Well, I have decided that owning my own place is just a remote possibility. We have been through some hard financial times and my Social Security certainly is much help. So, do any of you owners out there need a manager, assistant manager or projectionist? If you do give me a call and we'll talk (541-690-6395).
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 29 Sep 2009 20:47 #32443

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There will be a theater for lease soon in a small South Texas town.
Interested?
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Re:Your Opinion Of Lease Price 30 Sep 2009 00:19 #32444

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I'm always interested but it would depend on the terms. As I indicated I don't have two nickles to rub together (an old saying from an old showman but I think you know what I mean).
Bob Allen
The Old Showman
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Re:Your Opinion Of Lease Price 30 Sep 2009 07:50 #32445

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My mom would say," He doesn't have two nickles to rub together". LOL
I sent you a PM.
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