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March 27, 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 27, 2020
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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Blueneck Consulting - COVID 19 Business Update

Today’s Government Announcement:  No new Federal support announcements today from our...

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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 #.
**INVESTOR ALERT** This is a great investment property, with a National Franchise as Tenant and a long term lease in place. Located on a busy street, this is a BRAND NEW 1200 sqft +/- building, with 10 parking stalls and a dual drive through, on a corner lot. The Property is comprised of 2 Titles, making up approx 11,932 sqft,+/-, with Central Commercial - C1 zoning. There is a complete package available for review, all due diligence materials have been prepared in advance, call for a confidentiality agreement.(THIS SALE IS BUILDING ONLY, BUSINESS IS NOT FOR SALE)
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Here Is A New Listing That I Just Posted At 3 2220 20 AV NW in Calgary


Here is a new listing that I am happy to post at 3 2220 20 AV NW in Calgary.
Pizza Delivery and Take-Out locations in NW Calgary are hard to come by, and this one is in a great upscale area. It was built all new a few years ago, from scratch, so the equipment is in great shape and the store is VERY clean. There is the chance of expanding into the next door bay if you would like to make the space larger and offer more on the menu. All you would need to do is put in a vented kitchen...and the sky's the limit! The current operation only runs on VERY limited hours, about 22hrs a week right now, so you could make this an EXTREMELY profitable little pizza place. Call to get all the info and discuss it in more detail.
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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 made key announcements to help small businesses:


  • Increased Payroll Subsidies up to 75% - This will be back-dated to March 15.  No link or details yet on the limitations or qualification. I will get them to you as soon as they are posted.  Here is the announcement https://twitter.com/i/broadcasts/1kvKpXdndQmKE
  • Government guaranteed, interest free small business loans up to $40,000 – this is a program where, if you go to your bank to borrow money to get through the next few months, the government of Canada will be the guarantor.   Under some circumstances (no details yet), 25% may become forgivable.
  • Bank of Canada drops Prime Rate to 0.25% - this makes the cost of borrowing as close to “free” as it gets.  This is the time for you to replace as much high-cost debt with new low-cost debt.


In addition, you get a deferral of GST remittances on top of all the other deferral of payment programs announced over the past 10 days.  You’ll have to pay your GST owing eventually, but consider the money is better in your pocket for the time being.


These will help those of you who will be able to find work to keep the doors open and if the Alberta Government doesn’t order a lockdown.  If you need to shut the doors, the cheap loans and payment deferrals will help you to weather the storm and re-open later.  


Let’s address the potential of a lock-down.  Yesterday, the Alberta government admitted it is preparing an essential services list. This is a prerequisite to doing a lockdown.  As I reported to you earlier this week, the Alberta list will be based on the Ontario essential services list, likely with more extensive leniency for the oil and gas sector (re-attached).   This is not something the Alberta Government wants to do, but only if covid19 gets out of control.    That number is much higher than we are now (check my website if you like numbers).  However, politics are politics and we still might see one.  


If the government imposes one, my forecast is that we will need to see case numbers trending up significantly (i.e. additional cases each day are more than the additional cased from the day before) for 2-3 more days in a row and the Canadian Emergency Response Benefits become available so the additional layoffs get paid by the Feds, not the Province (i.e. April 6).  I’ll be keeping watch over these numbers for you. 


For you convenience, here is new link summarizing all the Federal program announcements (not yet updated from today). https://www.canada.ca/en/department-finance/economic-response-plan.html


Let’s do everything we can in our workplaces, with our employees, customers and suppliers to plank this outbreak so we can keep businesses open and everyone working!


Pete Baran                           |       403-973-3531

Chief Business Mechanic  |       Blueneck Consulting Inc.

www.blueneck.ca

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Here Is A New Listing That I Just Posted At #30 Market BV SE in Airdrie


Here is a new listing that I am happy to post at #30 Market BV SE in Airdrie.
Indian Eat in / Take out Restaurant A 35 seat Indian restaurant that combines a seated restaurant with a bit of a Quick Service feel, perfect for the area that it’s in. Surrounded by both residential and commercial districts, the client mix is very diverse. The bulk of the business is Take Out and Delivery with Skip The Dishes, but you also get people coming in for lunch or dinner when they don’t feel like cooking at home. The eat in market segment has room for growth through active flyer marketing. Lots of surface parking for your customers, the rent is $4800 a month with 7years remaining on the current lease and another option. If you would like more details on this business please call and we can discuss it further.
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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.