Founders Crossing Artisan & Antique Merchant 2023

Booth Rental Agreement

The parties do hereby agree as follows:

 
Rent, Fees, and Payments:
 
Booth rent for each space is as follows:
$1.45/sq.ft first floor space
$45 first floor show case $65 first floor Cabinet or wall
$85 first floor cart unit (6 shelves back to back free standing)
$1.35/sq.ft lower level general floor space
$35.00 lower level show case
$75 lower level cart unit (6 shelves back to back free standing)

Each vendor will be charged 4% on all credit card transactions and there will be a monthly commission of
5% on all sales. Most booths come equipped with electricity. Only one extension cord or power strip is
permitted on an outlet. Multiple extension cords running off of one outlet are a fire hazard and will not be
tolerated. Rental charges, will be deducted from the previous month’s sales. Vendor checks will be ready on
the 5th of each month and should be picked up no later than the 10th of each month. Any payments owed are
due after the 5th and vendors will be notified via email of their outstanding balance. The first month's rent will
be paid in advance. Thereafter, rent is due at the beginning of the month. If booth sales do not cover rent and
fees, the difference must be paid by the 10th of the month. If payment is not made by the 10th of the month, a
$20 late fee will be applied to the account. If booth sales do not exceed rent and fees 2 consecutive months, this
lease agreement will be up for review by management and your lease may be terminated.
 
Services:
 
Vendors can view their sold items without ever coming into the store. This online service by Traxia offers
instant access to what you have sold and keeps reports of monthly sales for easy book keeping . This service is
$3 per month and will appear on your monthly sales report.
 
Rules and Regulations:
1* Any vendor being added to a booth as a shared space vendor must be approved by submitting a vendor
application. A $5 monthly fee will be accessed to the space for the additional book keeping for the added
vendor.
2* All merchandise must be in good condition, free of dirt, dust, cobwebs, mold, moisture, insects, and
odor. All merchandise in your booth must be deemed safe by management. Management has the right to
determine if merchandise is suitable and safe for resale and to refuse any item from entry into the store.

3* Flea market type items will not be allowed and will be removed from the sales floor. All clothing must
be approved by management and will be accepted under the following criteria ONLY: Purchased wholesale as
the primary feature of the booth space, handmade, or vintage in style or age.

4* Founders Crossing does not allow the following items under any circumstances: Hazardous or
combustible material, pornography, sexually explicit, demonic in nature, alcoholic beverages, firearms, large
appliances, power tools, or electronics, controversial political or racial items of poor taste.
 
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5* Food items for sale must be Servsafe certified and approved by management before entering the store.
This includes perishable and non-perishable items.
 
6* All sales of merchandise must go through the Founders Crossing register except during the Fall Foliage
Festival with prior approval. Any vendor wishing to collect their own sales during the 4 festival days must
sign up and pay a $50.00 festival fee which will be added to their rent in October.

7* No vendor selling permitted to other vendors or to customers in the store except those approved during
Fall Foliage. ALL SALES MUST go through the cash register. If this occurs, the vendor will be put on
probation. If it reoccurs the vendors lease will be immediately terminated and you will have 7 days to vacate
the premises. Additionally you may NOT resell items in your booth that were purchased in the store from
another vendor in this store unless that vendor has left and you bought out their inventory or display fixtures.
 
8* It is your responsibility to keep your booth neat, well organized, and stocked. We pride ourselves in our
reputation of having well - manicured booths, and to maintain this reputation we ask that small items be
displayed properly and off of the ground. All merchandise MUST fit into the confines of your booth space.
Any unwanted items or trash must leave with you.

9* It is your responsibility to present a professional image while in the store giving kind and courteous
service to any and all customers while working your space or any time you are in the store.
 
10* Any booth left unattended for 30 days or more will be packed up and stored for one week. Vendor will
be notified on the day it is packed up; if unclaimed after one week, merchandise will become property of
Founders Crossing to be resold or donated.

11* Founders Crossing is not responsible for inventory management within the individual booths. As a
vendor it will be your responsibility to keep a record of the items within your booth. We are also not
responsible for storing inventory or display fixtures for your booth.

12* If booths are left un swept and in need of attention, the store will clean it and the vendor will be subject
to a $25 cleaning fee.

13* Vendor must show any boxes/totes/merchandise leaving the building to Management upon request. This
is to ensure the integrity of all parties involved.

14* Vendors can work the store at least one half day (3 ½ hours) per month or more if needed. For each half
day worked you will receive $20 credit off your rent. Please see an employee at the front counter regarding
availability. There will be a sign-in sheet at the front counter to keep a record of vendors working. Vendors are
required to sign in each time they are in the store to work. If you sign up to work a shift and do not show up,
we will charge your vendor account $20 for having to call someone else in to work your shift. Any vendor who
does not show up for a shift more than one time, will not be permitted to sign up for any more work credit.

15* Vendors are not permitted to store belongings in any storage closets or rooms unless you have
contracted with us and pay for a storage space.

16* On rare occasions we may have to relocate your booth within the store. If this is necessary you will be
notified of the change 30 days prior.

17* If you have any questions concerning our policies or general concerns, inquire with management
directly. Discussions with other vendors leads to unnecessary confusion and gossip.

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Termination of Contract:
You must give a 30-day notice before termination of booth rental. A Booth Termination form is available at
the front counter. Upon leaving your booth space, you must remove all items and return the booth to the
condition at which it was originally rented. This includes sweeping and removing all nails and fixtures from the
walls. If you fail to do so, there will be a $25 cleaning fee and /or possible forfeit of security deposit.
 
 Discounts and Booth Sales:
 
Please price all items to be able to offer a 10% discount. We like to offer different store-wide promotions
throughout the year for our customers. It is to your benefit to participate in these sales. If you have large
furniture pieces and do not wish to discount an item it must be marked, ND (No Discount) on the tag.

Vendors may run sales at any time. The front counter must be notified and the vendor must sign the booth sales
log confirming the details of the sale. A sale sign must be hung in the booth, it is the vendors responsibility to
make and display all sales signs within their booth. Please- NO HAND WRITTEN SIGNS.
 

 Tagging and Security:

 
All items in your booth must have a tag on them. This includes display items and shelving that is not built into
the booth structure. All items must be clearly and uniformly tagged on the FRONT only, and accommodate our
tagging specifications in this order- Vendor # , Price
Item # Description
Example: #31 $3.99
431Red bow

-We recommend you date the back of the tag so you can rotate your inventory and mark down items as they
age.
- Tags may also be bar coded. For the procedure on how to do this, please make an appointment with
management.
-We will not assume responsibility if tags are switched. Use good descriptions on tags and securely attach them
.
-If you reduce an item make sure you mark it in red ink keep it clear and easy to read.
 
We have video surveillance and will make every effort to protect your merchandise. However, Founders
Crossing will not be responsible for any property losses resulting from theft, breakage, fire, water damage, or
any other type of loss suffered by the vendor. Vendors are responsible for maintaining insurance on booth
merchandise.
 
Management will collect Pennsylvania sales tax on merchandise sold from Vendor’s booth. Sales tax is paid
monthly to the state by management.
 Founders Crossing reserves the right to revise and update the terms defined in this agreement. We will notify
vendors through email as we make these changes. Violation of any of the rules regulations and guidelines
defined in this agreement may result in expulsion from Founders Crossing at the owners discretion.
 

initial_____page 3 
 Founders Crossing, Inc page 4

Vendor #________
Lease Agreement: Sign and return this portion

The undersigned vendor agrees to rent space located at 100 South Juliana St., Bedford, PA and is assigned a
vendor number of :____________

The monthly rental rate is $_______________plus $3monthly web access fee.

beginning____________________,
plus____________ workdays per month for a value of ________towards rent. This rental rate is based on the
following criteria:
Booth #______ size:__________________at $___.__per square foot =__________
Show Case #________________ at $45.00 per month =__________
Cart Floor Unit #_____________at $85.00 per month =__________
Cart Floor Unit # _________ ___at 75.00 per month =__________
Additional Spaces:
Booth #______ size:__________________at $___.__per square foot =__________
Booth #______ size:__________________at $___.__per square foot =__________
Notes:_______________ TOTAL=_________________
2019 Rates : $1.25 sqft- basement, $1.35 sq ft- first floor, $1.45 sqft- first floor prime space
A security deposit of $100 will be required at lease execution, which will be refunded to dealer if all required
obligations have been fulfilled.

Dealer will be paid once a month, on the fifth day of each month for the previous month sales. Founders
Crossing Inc. retains 4% of sales amount plus 4% of all sales where a charge card has been used (as charged
by the processing company)

Founders Crossing will retain sales tax and remit same to the Pennsylvania Department of revenue as required
by law.

Initial lease term is for a three month period, after which the lease term will be on a month-to-month basis and
will be automatically renewed each month for the first year. If vendor complies with all rules as set forth in this
lease, vendor may renew the lease on a year-to-year basis from there on securing their space and rental rate for
that year. A vendor is required to give a 30 day written notice to vacate a booth space. If vendor has multiple
spaces, only one notice may be given per month. Founders Crossing reserves the right to give notice of lease
termination with a 30 day written notice if vendor does not comply by our rules and regulations, demonstrate
reasonable inventory or put forth effort for maintaining their space.
Founders Crossing Inc. will have no responsibility for any loss of vendors inventory for any cause.

Name_________________________________________________

Address:__________________________ City_______________State____ Zip code:___________

Email:________________________________ Facebook Page: _____________________________

Home Phone #:_______________________________Cell:_____________________________

I agree to the terms of this lease and have read and agree with page (initials)
page 1____page2_____page3____page 4____
Security Deposit Received:________
Date:__________ Signature:__________________________________________