Wednesday, March 17, 2010

Decision made

We finally heard back from "corporate" about a lease space. The offer previously made is off the table--it seems that the market is up (oh really?) and they cannot let us have the store for the original price. That's okay because we did not want it anyway (feet stamping). So, we have agreed to the current location (at a higher amount than we want, but oh well...) and are now considering a three year rather than a two year term. If the market is indeed improving, then going for a longer lease makes sense as the main office is limited to raising rent. While the rent is high (ten times more than we paid at the flea market), we do agree that this move is the best way to move forward and create a niche for oils and natural bath and body products. Here's to good decisions on this glorious St. Patrick's Day. Irish blessings all.

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