Where to advertise a business for rent?

-Hi there!

I know that when you have a house, you can simply put it on a real estate website when you want to rent it out. However, my family currently owns a business that we want to rent out. Is there some sort of website that would allow us to advertise this (in the States) where we could find reliable people who would be interested?

I am aware that business brokers SELL businesses but anywhere you can RENT one?

I know its quite an odd question/concept but any help would be much appreciated.

Thank you in advance!

ps. craigslist doesn't seem to fit the bill ==I would suggest you advertise to hire a manager.



In terms of renting a business, the concept is intriguing, but does nit make sense. For a business, there is a name for who pays the bills and that is your name. If the business loses money one month do you expect the person renting it to take the hit? Regardless of what your lawyer tells you, you cannot hold someone accountable to take a hit for you who is renting your business.



Renting a house is different - it is a physical thing. You can rent a house, a car, a plane - maybe even a dog - but you cannot rent a business.



You have 3 options.



1) hire a manager. You stay the owner but pay the manager to run everything.



2) take on a partner. Many restaurants have multiple owners. In this case, if the business were to lose money you have this person's name on the mortgage so they will truly be responsible for paying whether they want to or not.



3) sell the business





My guess is that if you talked to a lawyer that what you are calling renting a business is in fact #2 for a specifies amount of time. You could (in theory) make someone a partner for 1 year for example. Their name would go on rhe mortgage, electricity bill, etc.I would research restaurant the area that are successful and locally owned. Get to know the owners and ask around if you could develop a partnership. One way to research is to look at places that are highly rated in Yelp, and are close to your restaurant.
I've never heard of renting a business. Are you sure you don't mean renting a place to conduct a business? Other than that it sounds like a scam. My suggestion is that you refine your technique.
It seems like craigslist would be a huge market for this. Try them out.



Brandon

http://www.beimprinted.com