An extension letter is usually written at least 30 days before the expiration of the lease. However, it is recommended to write the letter at least 60 days before the expiration date of the lease to give the tenant or landlord more time to consider any major changes in the lease.
Under the deal - which is expected to be completed in the third quarter of 2015 â Daveâs Killer Bread (currently 50:50 owned by the founding Dahl family and VC firm Goode Partners) will be run as an independent subsidiary.
Redrock Partners to acquire casual-dining brand for $8 million. Ignite Restaurant Group Inc. has agreed to sell Romanoâs Macaroni Grill to Redrock Partners LLC, the casual-dining company said Tuesday. Houston-based Ignite, which also owns the Joeâs Crab Shack and Brick House Tavern + Tap brands, said it will receive about $8 million in cash, prior to transaction-related costs. The deal is expected to close in 30 days. Ignite acquired the then-210-unit Macaron.