Well did some more research and the guy that owns the building is a little off his rocker, at least from my stand point. He what's a triple net lease ok that's normal, I don't like it from a renters point of view but ok. Then he tells me he wants a letter of guarantee from my bank stating I have the full 5 years of rent in the bank at the time of signing the lease
So I told him if I had that kind of money just sitting in my bank I wouldn't be looking to rent his place, then he says well it can deminsh over the life of the lease as to reflect what's left. Also wants a personal guarantee on the lease will not just let me use my corporation for the lease? Is this guy nuts or have I been away from renting a building that long?
Any way was way to big to start out with anyway. Still doing more research on the business side of the bike shop but not looking like the greatest of margins in this business. Will see!