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Yes I could just walk away, but the pub is doing well but only because myself and my partner(as in life partner not business partner) have put a lot into it adn drawn a lot of customers in ,my business partner is not popular at all with the customers and has in fact done a lot to damage the...
I fully understand that, have just spoken to him and he agrees the lease is half mine and he wants to sign it over to me fully, the bit I don,t understand is where this figure of £15000 has come from when this is a fledgling business that could as easily decrease as increase so projection...
don,t know how to PM you !! We both put in £1500 for stock,pub is located nottm centre, rent is £1000/month,1st 3 months were free ,turnover 4500/wk wet only no dry,have offered him £3000 cash no ties , no profit yet due to expenses, cctv,decor,tvs,alarms etc etc.
a freind and I are renting a privately owned pub with a ten year lease
he has now decided ,after 3 months, that he wants to leave and is demanding £15,000 for his share !!
The lease is his name only as I am a homeowner and he arranged this so in the event of insolvency my home would not be at...