Quote:
Originally Posted by graciegirl
The Morse family doesn't make any percentage of total receipts. See the post above.
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I can 150% assure you that they do make a % of sales. I not only personally know several biz owners that lease from The Developers commercial dept ..... I have seen actual leases. I also know several more that chose not to open a biz on TV leased space do to this lease provision. The % varies based on type of biz, location, size of space leased and length of lease.
The answer from the guy from the commercial dept was carefully phrased to avoid full disclosure.
That said .... it is not an uncommon practice in "hot" commercial markets.