"Small Business Equipment Leasing Is The New Line Of Credit Financing For 2009"

Is it possible to break a lease for a kitchen or equipment rental for a restaurant?

I know an owner who is in financial difficulty. His business model has changed to wine and beer, however he has a large amount of kitchen equipment which is not being used. Any suggestions would be appreciated.

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3 Responses to “Is it possible to break a lease for a kitchen or equipment rental for a restaurant?”

  1. justbeingher on August 28th, 2009

    Find a subletter with the leasing agent’s approval. A lease is a legally binding contract that cannot be broken unless the other party opts to let you out of it.

  2. anoopbrar on August 28th, 2009

    it sure is!!!

  3. flstc88 on August 28th, 2009

    Sure, he can break the lease but he’ll probably end up getting sued !

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