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Posted on October 10, 2013 by Rob Campbell
Posted in: Horizon Ind Pk, Calgary Real Estate
I have Just Listed a new property at 3 3500 27 ST NE in CALGARY.
Great opportunity to purchase a fully equipped turn key machine shop. This machine shop has been operating out of this location for over 30 years and owners have now retired. It would cost over two million dollars to fixture the shop the way it is. too much equipment and tools to list here. Outstanding location and lease. There is an opportunity to purchase the bay this business is operating in. Call for additional information and chattel list.
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Here is a new listing that I am happy to post at 108 8400 Blackfoot TR SW in Calgary.
Drift Spa is a chic, comfortable Nail and Day Spa located in South Calgary at the Meadows Mile on Blackfoot Trail, surrounded by Calgary’s most exclusive automotive dealerships. It was built with comfort and style in mind, the contemporary touches and colors are very nice. The finishing’s are all top of the line and it shows throughout the space. The space could be redesigned to provide a wider variety of Spa & Esthetics services, including Facials, Hair Removal, Laser treatments etc, and would do well with a solid Hair Styling program as well. There is also a café/coffee bar on site.
For employers, we are getting more detail on the payroll subsidy:
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
Here is a new listing that I am happy to post at 5121 52 AV in Vegreville.
This is great opportunity for a business owner that's tired of paying rent! 4000 sqft +/- of commercially zoned space with nicely built out office area and a warehouse with a 12x12 (tbv) drive in door. The Offices are a mix of carpet and laminate flooring, with a reception area, multiple offices, coffee/break room, full data wiring and phone system. The back of the building has a covered parking area which could be fenced in as a secure compound or it could potentially be "walled in" to increase the size of the warehouse area. The shop area has a small mezzanine area for storage, and a shop washroom. There is lots of space for signage on the front of the building as well. You need to walk this space to truly understand the value!