Asking For Financials From a New Franchisee? Absolutely Fine! 💯 

Is it okay to ask a new franchisee for financials?
Absolutely - you need to know who you’re working with. I got a DM recently where someone asked if it was right to request financials from a mom-and-pop franchise. My answer? 100% yes. 👍🏻
I recommend a full credit check on both the prospective tenant and their spouse. Why both? Well, listen up on my podcast. 🎙️
Here are some other essential points I discussed in this episode:
⭐️ Confirming tenant cash flow and bank statements
⭐️ Knowing what to look for in a startup’s business plan
⭐️ Navigating pushy third-party brokers seeking conditional approvals
Getting your tenants right from the start can make all the difference in managing your properties successfully. 💯
🔗 Listen to the full podcast here: • I Own A Shopping Cente...
#retailleasing #retailrealestate #themallwhisperer