I own a small business in a busy tourist town. I have the most desirable location on the main shopping drag if you consider location, size and the price per sq ft I lease for. It provides the best combination of size/rent price on the street. Recently a national chain approached me wanting me to move out of the space so they could put a flagship store for a new franchise they are starting. I have a current 3-year lease and an 35-year option for right of first refusal of the lease - meaning that my landlord cannot lease the space out from under me unless he gives me the opportunity to match another lease offer. So basically, the chain wants to open this store up in the next 6 months and I have over two years on my current lease remaining. They hinted that they will pay me a cash settlement to vacate the property early and move down the street to what would be a less desirable location. Does anyone know of a formula out there for how much would be fair for me to ask for? I'm not desperate to move and don't want to sacrifice long-term profit for short-term cash. Do you ask for a years revenue, several years of my avg profit or does it just depend on individual circumstances?