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March 27, 2020
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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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...

More...
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 #.
Great little restaurant located in the heart of the Beltline Surrounded by new condo developments and office buildings, this is a great location for a restaurant of any type. It is currently an East Indian restaurant serving a buffet at lunch and ? la carte menu in the evenings. It has a private dining room which is perfect for private parties and meetings. The space could be easily converted to any type of restaurant with a small renovation budget. It has a good size kitchen, good equipment and refrigeration. There is easy access to the back loading area if you would like to do catering. Please call me if you would like to tour this great little restaurant.
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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 #.
***PLEASE NOTE THAT THE ADDRESS IS NOT CORRECT*** Owned by the same owner for the last 17 years, this is one of the most established Indian Restaurants in Calgary. For almost the last 2 decades, this restaurant has been serving some of Calgary's best Indian food to happy customers every day. They are open with a very popular buffet style lunch and dinner is served a la carte. They have received numerous reviews and are highly rated on Yelp & Trip Advisor. The restaurant is approx 3000 sqft and seats about 125 people very comfortably. There are 4 dedicated parking stalls at a cost of $200 each per month. Sales are between $700k to $800k annually, Rent is $7000 per month and includes Op Cost, Sewer & Water, Air Cond & Heating. Gas & Electricity...
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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 #.
***Please note that the address is not correct***The perfect opportunity to open any type of Fast Food / QSR restaurant for a fraction of the cost of building new. This is a FULLY equipped, fully vented restaurant with 26 seats. Built by a national franchise only 2 years ago to a very high standard of finishing, all new tables & chairs etc. The kitchen is very well equipped with top end equipment that can be used in any restaurant concept. If you want to do a Noodle House, Chinese Food, Indian Food, almost any type of food except Pizza. Call to setup a private tour of this great opportunity!
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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 #.
A SW Pub With Great Potential For a Savvy Operator This Pub is surrounded by high density residential buildings with lots of residents that regularly visit this sports pub. It has great open concept feel with lots of windows and a good size bar for the regulars to sit at the wood. The kitchen is fantastic with a great service line and room to do catering if you have the inclination. Pizza delivery would be a great addition to this business, and create a really strong additional revenue stream. The patio is bathed in sun all day long and is perfect for the after work happy hour crowd. Call me for more info on this great starter pub.
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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 #.
WOW! Well Established Boutique Spa in a Fantastic Walking Community Profitable European style boutique spa with a strong focus on luxury esthetics in one of Calgary's most desirable communities. They have a VERY loyal clientele in the neighborhood and with a high traffic/high visibility location, with a great staff that have many years of experience. What this Spa needs is a new owner/operator who can manage spa, while servicing clients to maintain the friendly neighborhood relationships. Are you looking to own a small business with "big heart" and and the potential to earn 6-figures? Great landlord and commercial neighbors, current spa owner has small children and needs to reduce/simplify her work hours. Please call me to set up a meeting...
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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 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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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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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.