Booth Rental Agreement & Guidlines

 

• Upon signing this contract the crafter agrees to a 3 month lease, and after completion of the three months, rent may continue on a month to month basis or another agreement contract can be signed

• After the first month you will be charged 10% of your sales, this is to cover the advertisement, flyer handouts, website spot, & tax collection. That=to $1.00 on every 10.00 of sales. Any vender with a booth rental of $100.00 will be charged 5% and any booth rental 200.00 or over will not be charged a percentage rate.

• The first month’s rent is due at the time of signing of this contract.

• Rent is due on the 1st of the month and late after the 5th.

• Rent will be deducted from your sells check (if you do not have enough to cover the amount you will be responsible for the payment by the first.

• If rent is not paid by the 5th, there will be a late fee of $25.00 and will be deducted from sells check.

• Crafters will give a 30 day written notice to Management for termination of the booth rental, in person or by email. Management may give a 30 day notice to crafters. All items must be removed by the 10th of the month. There will be a $50.00 charge if management has to remove the items from your booth after the 10th. If a written notice is not given then another month will be taken out of your sells check or the card on file.

• Proceeds from your sells can be picked up on the 6th of the month. Unless it falls on a Sunday or a Holliday then it will be the next working day.

• There will be a 5% charge back to the crafter for sales charged on Visa, MasterCard, Or Discover

• All tags must be a strung tag, and have Vender#, Item# and the Price & a short Description on the back. Price tags will be available to purchase at a cost of $3.00 for 100. If you choose to make your own tags, you will need it to be a strung tags. Price tags must be securely attached to the merchandise, any items reduced in price must be stamped with the shop stamp located at the counter. And it must be logged in your item log book as being reduced.

• For sales tax purposes, all items sold will be recorded at the cash register. No exceptions. Management will be responsible for the collection and payment of Texas Sales Tax.

• Decorating, Cleaning and maintaining the booths are the responsibility of the vender. You must come in once a week to make sure inventory is neat and booth is presentable. (you will need to sign your log book each visit) Management has the right to terminate the lease if the booth space is neglected

• Management has the right to terminate the crafter’s privileges immediately if these polices are not adhered to.

• Management and owners of the building will NOT be held liable for any property damage or losses and will not provide insurance coverage on merchandise and or contents. Management will provide a policy of general liability. You are responsible for fire, theft, and other insurance you deem appropriate to protect your products while they are in the store. The Store is not responsible for loss due to shoplifting or price tag alteration.

• There will be (4) days a year, (every 3 months) for a 10% discount store wide on all items. You will be given a calendar of markdown dates

• Monthly rates are from the 1st to the 30th of each month…if crafter starts in the middle of a month it will be prorated, so that prorated days and one full month is due at the time of the contract is accepted.

• Space sizes are approximate. You are solely responsible for measurements for your displays. That you plan to use in your booth

• BTCM agrees to be responsible for all customer bank charges, loss from bad checks, and loss from credit card fraud.  Promotional and advertising fees are BSCM responsibility as of this contract date.

• BSCM agrees store will be open to the public seven (6) days per week except for the following holidays.

  New Year’s Day

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  Independence Day

  Thanksgiving & Day After

  Christmas Eve & Christmas Day

  Labor Day

  Memorial Day

  Any Day that is to be determined time to time by BSCM, which includes emergency closings

•  

• You acknowledge receipt of a copy of current “Guidelines” and by signing this agreement agree to abide by them and any others which may from time to time be delivered to you. Such guidelines and any future changes to such guidelines shall automatically become a part of this agreement. BSCM shall have the right to terminate this contract agreement immediately, without liability to you for any reason after the initial term (3 months or a full month after the first 3 months), you may terminate this agreement at the end of any rental agreement with a 30 days prior . Upon termination of this agreement, or at any time fees are delinquent, any stock or property which you do not claim will be disposed of at BSCM’s sole discretion. You agree to pay fees regardless of sales volume. If you terminate this agreement or vacate your space or cease to pay rental for your booth, you continue to remain liable for the unpaid term of the agreement. You agree that delinquent fees may be deducted by BTCM from sells check or credit card listed on file. Should any action be initiated because of delinquent fees, you agree to pay all attorney fees, collection costs and court costs incurred by BSCM to collect these delinquent fees. BSCM shall have the rights of a secured party under the Commercial Code and shall have the right to hold all stock until the full term of the agreement is paid. Should your fees become delinquent and BTCM shall have the right to seize and sell your merchandise and fixtures without court order or other legal formality and apply the proceeds to the debt, plus expenses of seizure, storage and sale.

   

  Why a craft mall? 

   Having space in a craft mall is not much different than leasing space for your own business – just on a smaller scale.  A retail business must buy or lease space, acquire equipment (computers, calculator, copier, credit card processing equipment and services, security equipment, cleaning equipment, etc.), supplies such as checks, office and maintenance supplies, hire employees and deal with payrolls, advertise, promote the business and much more.  In a craft mall your space rental covers all of the above expenses.  The craft mall takes care of collecting and reporting sales tax so you don’t have to.  You can take ownership in your personal ‘shop’ by designing and laying the space out to best sell your product.  Add signage and business cards and then refer family, friends, and any already existing customers to your shop and the sales begin.  At BSCM Shop you will have your own street address to direct customers to your ‘shop’.

  To achieve the greatest sales:

• Keep your booth well stocked with an assortment of choices.

• Visit the store at least once per week to rearrange, temporarily remove merchandise and bring in new.  Keep in mind there are many repeat customers – keep them interested by making your shop appear to have good merchandise turnover when sales are slower.

• Promote your business by distributing brochures or handing out business cards.

• Give store gift certificates to bring new customers into the store.

Take advantage of all FREE opportunities to advertise or promote your shop in bulletins you can advertise in outside of the store (church or club newsletters), and via use of the store tent sign, customer newsletters, bag stuffers or special event promotions. 

 

Be sure to…

• Tell everyone you know that your crafts are on display at this store.

• We advertise with conventional methods however, your recommendations will bring more customers to your space.

• Do all you can to promote your own space; you are sure to benefit from this kind of effort.

• Fliers are available for handouts; take them to encourage your customers to pick up special orders at the store.

Decorating

•  We encourage individuality but we do ask that modifications to booth walls and flooring be run by us first for acceptance; please see staff on duty.

• In order to build upon a ‘shops’ theme, we suggest adding a Vender’s sign

• We will be happy to provide various display options, which according to our experience will draw the customer’s eye towards your products.

• Signage restrictions apply – the Shop does not permit ‘going out of business’ ‘quitting business’ signage.  Sales must be temporary and have an ending date.

Displays

• Displays that are permanently attached to existing walls become the property of the Shop when you vacate your space and must be approved before setup.

• Displays may not extend above the walls of your space  or extend beyond the front of the space