Barely a year into his 5-year lease, this struggling business owner realised that the landlord had misrepresented the situation at the centre. He used GEM Lease Analytics™ to figure out what level of rent would allow his business to survive. The results of the analysis showed clearly that the business was simply not viable in this location, given the challenges it faced, and that he should get out, if possible.

Because the business owner was able to prove misrepresentation by the landlord, he was able to vacate the lease, pay off his trade creditors, and close the business, four years before lease-end. He thereby avoided going into heavy debt for a business that was doomed to fail, saving $770,000 in rent alone, not to mention countless sleepless nights and emotional distress.