I represent a good amount of business in Hoboken, Liquor Licenses, Bar, Restaurants and a big problem with the sale of Hoboken retail store front business is that the Landlord’s rent scares away many buyers. Hoboken stores, outside of food places, have a hard time competing with malls and online sites. I find it very important in negotiating commercial leases to limit the amount of bank rent the Landlord can recovery when a business goes bad. A lawyer’s job has got to be limiting financial and legal exposure.
photo from Hoboken411.com