Is it possible to break a lease for a kitchen or equipment rental for a restaurant?
I know an owner who is in financial difficulty. His business model has changed to wine and beer, however he has a large amount of kitchen equipment which is not being used. Any suggestions would be appreciated.
Public Comments
- it sure is!!!
- Sure, he can break the lease but he'll probably end up getting sued !
- Find a subletter with the leasing agent's approval. A lease is a legally binding contract that cannot be broken unless the other party opts to let you out of it.
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