Lease1 -- Testimonials

Bright Eyes Sunglasses Franchising Pty Ltd

With a portfolio of over 100 stores comprising both franchised and corporate outlets in shopping centres, we were facing lease renewals for over 70 of these in just 1 year and it was apparent we needed help.

Employing in house leasing experts just wasn’t affordable at the time so outsourcing was the only way we could address this work load and hope to achieve results for the Franchisees.

Lease1 fitted the bill and was referred to us through 1 of our franchisees who was very happy with the result they achieved with a landlord dispute.

In that first year Lease1 not only administered all the lease events they were able to do so with rental savings over $1 million and set up our portfolio systems.

We continued to retain Lease1’s services and through the renewal and expansion program the company was named in BRW’s Top 100 growing retail franchise two years running.

Their ongoing services and depth of knowledge of the retail industry have proven invaluable to us and can vouch that their seminars at our annual conferences were always full house.

Geoff Harbert Managing Director (2000-2007)

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Orchid Plaza Newsagency

Cairns 14 December 2007

[Extract from actual Letter]

I recently employed the professional services of Lease1 to renegotiate the option on my existing lease. Lease1 conducted a financial review of my business, this gave a complete understanding of my business before he acted for me in a Market Rental Review.

The landlord was asking for a 30% increase in the annual rental for the Market Review, Lease1 was able to reduce the increase to 2.9% per annum, as the market rent.

If I had have tried to negotiate with the landlord’s agent I never have been able to achieve such an outstanding result.

This end result was a saving over the next 5 years of $99,864.00 in rent.

When Lease1 conducted the financial review it was apparent the floor area of the shop was to big to support the rent, Lease1 proposed subletting part of the shop.

The end result was that I did sub let part of the shop, thereby reducing my rent Even further.

This was an amazing result, a true testament to Lease1’s outstanding negotiating lease skills and work & dedication to client satisfaction is excellent. Yours Faithfully

Cliff Perry Director

Perry Holding Pty Ltd (Inc 1996)

After missing our lease option we realised that the Landlord had alternative plans for our shop, which we had operated for 17 years and now faced certain closure as we had been issued a notice to vacate.

Our head office referred us to Lease1 who were able to not only achieve a new long term lease with options but further facilitated the sale of the business and handled the assignment of the lease with the Landlord.

They even negotiated a new lease for our new store and again achieved a great lease with the landlord doing all the work for us.

Chris Foodworks Redbank (2007)

Through the Retailers Association Lease1 (formerly Advantage Retail Management) was referred to assist with our new lease.

They performed an audit of the premises and the lease and discovered we were being overcharged for outgoings and had done for some years.

Not only did we get a new lease we also got a substantial refund and a reduction in our new rental costs.

Ron Indooroopilly (1999)