Local to Ventura & Santa Barbara County
We work for you, not the property owner
No cost to you in most deals
Leases routinely push full replacement of ventilation and grease systems onto the tenant, including equipment that was already old. Cap your responsibility at routine maintenance and put capital replacement where it belongs.
Alcohol, late hours, live entertainment, and outdoor seating each trigger their own city approval. Rent should not start on a space the city will not let you operate the way you planned.
A full guaranty means the landlord can pursue you personally after the doors close. A guaranty that burns off after a set period of on time payments is standard, and it is negotiable if you ask before you sign.
An existing kitchen saves real money and can hand you equipment at the end of its life that the lease says is now yours. Get it evaluated before you agree to take the space as is.
“Tenant shall, at its sole cost and expense, maintain, repair and replace the exhaust hood, ventilation system, and grease interceptor serving the Premises, whether such repair or replacement is capital in nature or otherwise, and regardless of the condition thereof as of the Commencement Date.”
A restaurant owner came to us excited about a space that looked right on paper. Good visibility, enough room for the kitchen, and a location that made sense for the business.
The problem was what the space would actually allow them to do.
Before they committed, we looked beyond the asking rent. We checked the use restrictions, the condition of the building, the HVAC and electrical requirements, and what the lease would make the tenant responsible for repairing or replacing.
That changed the conversation.
The space could work but only if the deal accounted for the work the restaurant would need to put into it. Instead of treating the lease as paperwork to review after finding the building, we used it as part of the negotiation.
That is where a restaurant tenant can protect real money: before the keys are handed over, while there is still something to negotiate.
How many restaurant spaces would you have toured before somebody thought to ask what the lease actually makes you pay for?
| Line item | What it covers |
|---|---|
| Base rent | Quoted per square foot per month. The only number most owners compare between spaces. |
| NNN (triple net) charges | Property taxes, building insurance, and common area maintenance, billed on top of base rent. |
| Kitchen build out | Hood, ventilation, grease interceptor, gas, and equipment beyond whatever the landlord contributes. |
| Permits and licensing | Use permit, alcohol license, health department. Each one has its own timeline and its own cost. |
| Rent before you open | The months between signature and service. Free rent during build out is negotiable and routinely left on the table. |
You Tell Us What You Need
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The property owner pays our fee in most commercial lease deals. You pay nothing out of your pocket in most cases.
Base rent is only the first number. Most restaurant spaces are leased on a triple net basis, which means you also pay a share of property taxes, building insurance, and common area maintenance on top of the rent, plus your own utilities, trash, and grease service. Ask for the current NNN figure in writing and ask what it was two years ago. The trend line tells you more than the number does.
In many Ventura and Santa Barbara County cities, alcohol service, late hours, live entertainment, and outdoor seating each trigger their own city approval. The lease should not obligate you to pay rent on a space the city will not let you operate the way you planned. That protection is written in as a contingency, and it has to be in the lease before you sign, not requested after.
Then stay with them. Once you are represented, or another agent has introduced you to a space, that is their deal. Come to us at the start of your next search, or when your renewal comes up.
Or call (805) 203-6365 · 472 E Santa Clara Street, Ventura