Roschard Paticchio Stein negotiates very competently $0 Key Money and lease only deals for the equipped, “Second Generation” Restaurants.
Meaning: All the Non Attached and Attached, Furniture, Fixtures, Equipment (FF&E) located inside the Restaurants dining area, Kitchen, Store Room, Bathroom is included in the “Lease only” deal.
Understandably it is illegal for Los Angeles CA., Real Estate Brokers and Property Owners to charge potential Tenants “Key Money” for the previous Tenants left behind, “FF&E” Furniture, Fixtures and Equipment. Any and all KEY MONEY must be delivered to the previous Tenant under an agreed Purchase Agreement by and between the New Tenant and the Previous Tenant.
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