QUOTE(Lucas0323 @ May 10 2023, 03:49 PM)
Almost every week got F&B biz at Sri Petaling seeking takeover. Note the difference between takeover & shut down.
Takeover:
-under tenancy, if void contract will lose deposit, usually 4 months.
-can recoup back some funds that're spent on tools, equipment, furniture & interior design.
-staff still employed, no need to compensate them.
Shutdown:
-usually tenancy gonna mature.
-need to restore unit back to original state before return to landlord.
-layoff permanent staff.
May 10 2023, 10:08 PM

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