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    Protect your profits: Keep track of rent increases, renewals, and critical lease clauses.

    For Brokers

    Win more business: Clients are in the loop from site selection through LOI and lease signing.

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    Everything you need to meet and maintain ASC 842 compliance.

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Multi-Location Tenants

Instant Solution for a Virginia Franchisee

John Terry
John Terry
January 9, 2020

When asked how long it took to realize Leasecake would benefit his business, Kevin Shaw had an answer at his fingertips.

“30 seconds,” he said almost before the question was in the air. “I met Taj [Leascake CEO Taj Adhav] at a trade show. Set up a call. Got a demo. And that was it.”

Shaw, owner of Dominos NRV in Blacksburg, Virginia, grew his Domino’s franchise business from three to 17 stores in recent years and expects to continue growing.

“From the time I owned three stores until now, lease management has been one of those things that just wasn’t done well,” Shaw said. “Leasecake is a great way of doing it at a reasonable cost. It helps organize and streamline the confusion we have as franchisees.”

A spreadsheet doesn’t do us any good if we don’t look at it. It’s tough to keep up with the changes, increases, expirations, and so forth.
— Kevin Shaw

Making the Most of a Lean Staff

Shaw says his story is a “stereotypical Domino’s franchisee.” After taking a part-time delivery job near his college in 1986, he eventually began running a store in 2002. Soon after, he bought three stores that grew into a collection of 17, including the No. 1 store in Virginia.

Shaw and his wife run the business with just an office manager and three area supervisors in addition to employees at individual stores.

From Overlooked Spreadsheets to an Actual Lease Management System

Headquartered in Blacksburg, Virginia, near Virginia Tech, Domino’s NRV is experiencing an intense period of growth and aims to add a series of additional locations over the next few years. 

Leasecake helped transition Shaw’s lease process from a standard-issue spreadsheet of columns and rows to an actual lease-management system. 

Shaw was candid when asked how he handled all his lease information before Leasecake.

“It’s not a matter of how I handled it,” Shaw said. “It’s a matter of how I did not handle it. A spreadsheet doesn’t do us any good if we don’t look at it. It’s tough to keep up with the changes, increases, expirations, and so forth.”

The automated notifications built into Leasecake are invaluable for Shaw’s business. He says even with an active office manager in place, lease management can easily fall by the wayside.

Leasecake was precisely what he needed to fill in the gaps.

Ready to make sure you never lose track of your stuff again? Schedule a demo with our head of sales, Max Porter: [email protected] or 310-430-1375.


Baking Up Success For Commercial Brokers
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