A retailer should be hesitant to purchase a business that has less than five years remaining on its lease.The retailer should seek to obtain a longer lease or a renewal option before purchasing the business.

Question

Quizplus · Accepted Answer

A shorter lease term could limit the retailer's ability to continue operating the business at that location in the long term. Obtaining a longer lease or renewal option would provide more stability and continuity for the business.

A Retailer Should Be Hesitant to Purchase a Business That