A Catch of a Deal: Securing Prime Real Estate for Long John Silver’s
At Grisanti Group Commercial Real Estate, every deal has its own story—and some are as exciting as casting a fishing line into uncharted waters. One of our most recent successes involved helping a client secure the perfect spot for their next Long John Silver’s restaurant. Here’s how we navigated the waves to bring this deal to shore.
The Search for the Ideal Location
Our client approached us with a clear goal: they wanted to open a new Long John Silver’s in a specific area. They had their sights set on a prime, high-traffic location to ensure maximum visibility and customer convenience.
After assessing the area, agents Joe Grisanti and Paul Grisanti identified an intriguing corner property—a former car dealership that had gone out of business. Its location was perfect, but there was one significant challenge: the owner wasn’t particularly eager to sell.
Reeling in the Deal
Tracking down the property owner was the first step. We engaged in a series of negotiations, exploring possibilities for a purchase. However, the owner had strategic reasons for wanting to keep the land, making an outright sale unappealing to them.
Understanding our client’s flexibility, we pivoted to a creative solution: a long-term lease. After thorough discussions, we secured a 20-year lease agreement for the land, with four options for 5-year renewals. This arrangement gave our client the stability and long-term security they needed to move forward with confidence.
Building the Future
With the lease finalized, Long John Silver’s demolished the existing buildings and constructed a brand-new restaurant in 2025. The redevelopment transformed the site, breathing fresh life into the area while meeting the community’s demand for quick, delicious seafood.
A Win-Win for All
This deal is a prime example of how creative problem-solving and persistence can turn potential roadblocks into opportunities. By aligning the needs of both parties, we facilitated a mutually beneficial agreement that positions Long John Silver’s for success in their new location.
At Grisanti Group Commercial Real Estate, we specialize in finding innovative solutions for our clients, whether it’s uncovering hidden gems or negotiating complex deals. Every transaction tells a story—and we’re proud to help our clients write theirs.
If you’re ready to explore the perfect location for your business, let us help you navigate the journey. Contact us today!