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March 30, 2020
Here Is A New Listing That I Just Posted At Calgary


Here is a new listing that I am happy to post at Calgary.

Fully Built Out and Equipped...

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Rob Campbell - RE/MAX Real Estate (Central) : Blog : Latest Blog Posts

March 30, 2020
Covid 19 Payroll Subsidy Info
For employers, we are getting more detail on the payroll subsidy:
https://www.singleton.com/2020/03/co...
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Business Owner Update - Friday March 27, 2020

Business Owner Update - Friday March 27, 2020


Today the Federal Government and Bank of Canada finally...

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Here Is A New Listing That I Just Posted At Calgary


Here is a new listing that I am happy to post at Calgary.

Wow! Great profitable pub in...

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COVID 19 - The Emerging "Stress Factor"

In talking to many of you this week, the number one emerging issue is stress.   The rapid...

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Misura Berteit & Associates - Resources for Businesses during COVID-19

We at Misura Berteit & Associates understand that the events of the last few weeks have left a lot...

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Welcome

LATEST STORIES For Today's News From Around the Web..

Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.
PRIME INNER CITY DEVELOPMENT SITE / HOLDING PROPERTY **THIS PARCEL MUST BE PURCHASED WITH THE ADJOINING PARCEL** This is a unique investment opportunity, purchase the land and buildings and rent it out for cash flow while you plan your build-out of the land. Both parcels are zoned I-R under City of Calgary Land Use Bylaw 1P2007, which allows for a wide variety of uses both Permitted and Discretionary. In the meantime, there are 2 structures on the .60 acres, there is lots of yard space along with 4200 qft Quonset building and 1560sqft Automotive shop. Much of the yard space is securely fenced and gated. Please call me for a tour of this block of properties and all of the specific details.
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Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.

Here is a well established franchise in one of Calgary’s Best Retail Power Centers!

Why risk buying a new franchise when you can buy an existing operation with boatloads of potential. The current owner is ready to spend more time with the family so this is a great opportunity to buy at a fraction of the cost of a new store.

This is a great location and the restaurant is in good shape and ready for a new owner with energy to refocus the operation.

Call me to discuss this South Calgary Franchise.

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Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.

Fantastically Equipped and Authentic Mediterranean Eat In and Take Out Restaurant

This is a VERY well equipped Mediterranean restaurant that has one of the best equipped kitchens I have seen in awhile. The specialty oven was imported form Lebanon and puts out a beautiful product. It has a warm and authentic feel with new tables and chairs, as well as booth seating. The kitchen is equipped to put out good volume as well as the potential to do catering and school lunch programs.

Call me if you would like a tour of this beautiful space in a fast growing city!

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Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.

Legendary Pizza Restaurant and Pub with VLT’s for Sale

One the market for the first time in 25 years, this Calgary institution is legendary! In the same location for decades and boasting a VERY loyal clientele, the current owner is ready to retire and go fishing.

The Pub side has 4 VLT’s and is warm and welcoming, and loved by the regulars. The restaurant side is smaller and set up for eat in, take out & delivery. It is easily run by one server or could be converted to counter service only if you prefer.

This facility is incredibly clean! I was immediately impressed with the attention to how clean they kept every inch of the operation. If you wanted to expand the offerings from the kitchen you could install a Venting, MUA...

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Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.

One of South Calgary’s BEST Indian Restaurants

Tucked away in very busy South Calgary Shopping Centre is this very well established authentic Indian Restaurant. It has been in business for years and has a dedicated and passionate following. The owners have done a great job of getting to know the surrounding community and in return they have enjoyed strong sales.

The room is inviting and comfortable and has a great feel. There is lots of parking and easy access from one of Calgary’s busiest roads. A good lease and a competitive price makes this a very attractive business opportunity.

If you can give me a little notice, I will set up a private tour for you.

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Here Is A New Listing That I Just Posted At 30 4307 130 AV SE in Calgary


Here is a new listing that I am happy to post at 30 4307 130 AV SE in Calgary.

6,605 sqft Stand Alone Restaurant in SW Calgary, at an UNBELIEVABLE rent number!

At an asking price of $150,000, this is a fantastic opportunity for someone to expand their restaurant operations. The facility is still fully equipped, with all the kitchen equipment & furniture still in the building.

The Lease has approximately 4 years remaining with 2 x 5yr options as well. The building is broken down into a restaurant and lounge, with a large kitchen suitable for volume production and a rear access for skip the dishes pickup.

If you would like to tour this opportunity, please call me and we can set it up.

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Covid 19 Payroll Subsidy Info
For employers, we are getting more detail on the payroll subsidy:
https://www.singleton.com/2020/03/covid-19-the-canada-emergency-wage-subsidy/
  • $847 per employee per week or 75% of up to $58,700 salary, whichever is less
  • Still retroactive to March 15 (so far)
  • Expectation is that you don’t cut employee wages
  • Business must demonstrate/prove a minimum revenue loss of 30%
  • Federal government will be introducing severe penalties for abuse of the program
  • Application process expected to be announced within the next 2 weeks
  • No limit on business size

For those who were considering using the job-sharing option, this is now, for most businesses, a better option.


Next Steps:  I have started building detailed 90-day business financial plans for some of you.  This provides a specific list of actions based on your own financial P&L statements that includes estimating the impact of using the government programs and includes a list of other actions you can do to help your business weather the storm.  If any of you are interested in having this done for your business, contact me.

 

If any of you will need a business loan to survive a prolonged event, but would not otherwise qualify for a loan, there is money available from the government.  https://www.bdc.ca/en/pages/special-support.aspx.  


Small businesses with a payroll between $50K to $1M should look to the Canada Emergency Business Account https://www.canada.ca/en/department-finance/news/2020/03/additional-support-for-canadian-businesses-from-the-economic-impact-of-covid-19.html  As described in my emails last week, this if interest-free, $40,000 where you can be forgiven up to $10,000 if you pay it back before the end of 2022.


Here is a description of the application process and the questions you will likely be asked https://www.krp.ca/lending-rules-for-bdc-covid-19-relief-program-take-shape


This is the last week you have to re-plan your businesses for the next 2-3 months to stay in front of the situation.  If you don’t know what you need to be doing and how much of it you need to be doing, please contact me.   I want to see you all survive this event as best as possible!


Next 2 weeks, the focus will need to shift to full-implementation of that plan and start looking for short-term business opportunities with customers who are less impacted by COVID-19.  This is a very tactical that looks a lot like war-time situation management.   Even with a plan, the situation going forward will be fluid (some good, some bad).


Later in April,  your planning will need to focus on re-positioning your businesses to be ready to sling-shot out of this event! 

 

Please continue to pay strict attention to all of the hygiene/safety recommendations and emotional/mental health issues discussed here over the past two weeks!   Let’s do everything we can to keep our employees, customers, suppliers an colleagues healthy so we can all get back to work faster!


Pete Baran                           |       403-973-3531
Chief Business Mechanic  |       Blueneck Consulting Inc.
www.blueneck.ca

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.