Leasing A Business With Option To — Buy

You don't need a massive bank loan immediately.

Clearly state who pays for repairs, insurance, and taxes during the lease. Usually, the lessee (you) handles daily costs, while the owner handles major structural issues.

Lease-option payments are often higher than standard market rent.

You pay an upfront "option fee" (consider it a down payment for the right to buy). This gives you the exclusive right to purchase the business at a set price within a specific timeframe (e.g., 2–5 years).

Ensure the owner cannot market the business to other buyers while your lease is active. Pros and Cons