Quote:
Originally Posted by M0zza
I'm sure most companies would not tell an outside person (the mall) how much they made. Firstly a private company is not required to tell anyone. And secondly if high profits were made it would impact rental contracts in the future.
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most kiosk spaces in the malls here have a percentage only or a minimum plus percentage lease. at least the ones here in Oregon. At least one of the malls also requires a sales plan and if you go over the planned sales they get an extra percent on top of the base.
Also they will some times do percentage only leases for in-line stores. mostly when there are empty locations during the holidays.
The larger retailers that have inline stores and multi year leases usually pay a straight lease rate only. One mall here has lease base plus percentage for everyone but "anchor" stores.