Upon signing the contract, you are obligated to pay the rent for the full term of the agreement. Terminating a contract before the lease expires will result in a loss of the security deposit and the account will be sent to collections. Before sending to a third party collector, we always try to work with someone to come up with a plan to address any balance on the account. If you are struggling to make the monthly payment, please contact your store manager. Often they can help give advice to increase sales or may come up with other ways to address the situation.
Our goal is to do everything we can to help you and your business thrive. By sharing the costs of operating a business, we can limit the barrier to entry so that those with the dream of starting their own retail business can pursue their dream with limited risk. Opening your own brick and mortar store would cost many thousands of dollars in buildout, signage, Point of Sale software, utility deposits, insurance, rent, and much more. The risk is much less when opening a shop at Painted Tree. That said, Painted Tree is obligated to pay its bills and keep its commitments, so we ask you to do the same.
