Restaurant Letter of Intent

[Your Company Name]
[Your Position]
[Your Company Address]
[Your Company Email]
[Your Company Number]

[Date]

[Recipient Name]
[Recipient Position]
[Recipient Company Name]
[Recipient Company Address]

Dear [Recipient Name],

We, at [Your Company Name], are excited to express our keen interest in negotiating a lease agreement for the available space within your esteemed establishment. As the [Your Position] of [Your Company Name], I am reaching out to initiate discussions regarding this potential collaboration, which we believe holds significant promise for both parties involved.

Having conducted comprehensive market research and analysis, we are confident that the location of [Recipient Company Name] presents a prime opportunity for our restaurant concept. With its bustling foot traffic, vibrant community, and established reputation, your establishment serves as an ideal platform for us to introduce our culinary offerings and elevate the dining experience for your patrons.

At [Your Company Name], we take pride in our commitment to culinary excellence, impeccable service, and creating memorable dining experiences. With a team of seasoned professionals and a well-defined brand identity, we are poised to make a meaningful contribution to the gastronomic landscape of [City/Area].

Outlined below are the key terms we propose for our lease agreement:

Lease Term: We propose a lease term of [duration] with an option to renew upon expiration. This duration provides us with the necessary stability to establish our presence and nurture long-term relationships within the community.
Rental Rate: Our proposed rental rate is [amount] per square foot annually. We are open to discussing any additional terms such as escalation clauses or incentives to ensure a fair and mutually beneficial arrangement.
Tenant Improvements: Recognizing the importance of creating a welcoming and functional space for our guests, we anticipate making necessary improvements to align the premises with our restaurant concept. We request your guidance and approval for these enhancements, and we are committed to complying with any guidelines or restrictions set forth by [Recipient Company Name].
Operating Hours: Our proposed operating hours are weekdays from [start time] to [end time]. We are also open to flexibility for special events or seasonal adjustments to accommodate the dynamic needs of the establishment.
Lease Commencement Date: We propose a lease commencement date of [date], subject to finalization of lease terms and completion of tenant improvements. This timeline allows us ample time to prepare for a successful launch and ensure a seamless transition into the space.
Other Terms: We are eager to discuss any additional terms or provisions that would contribute to a harmonious and mutually beneficial partnership between our entities. Our goal is to foster open communication, transparency, and collaboration throughout the negotiation process and beyond.

We are enthusiastic about the prospect of collaborating with [Recipient Company Name] and are fully committed to exploring this opportunity further. As such, we kindly request your availability for a meeting to discuss this proposal in greater detail and address any questions or concerns you may have.

Thank you for considering our proposal. We look forward to the possibility of working together to create an exceptional dining destination that enriches the culinary landscape of [City/Area] and delights patrons for years to come.

Warm regards,

[Your Name]
[Your Position]
[Your Company Name]