I have listed a new property at 2015 88 PENDER ST W in VANCOUVER.
Cateau Nega Cabaret-Restaurant & Lounge located at the heart of downtown Vancouver, with a capacity of 200 seats with full Liquor and Entertainment Licenses. Amazing lease rates for 4,723 SQFT premises. Special event ticket sales is $60 per person which are usually SOLD OUT [$24,000 gross = 2 nights (Fri & Sat) X200 X $60]. The average non-special event Fridays & Saturdays fetch around $4,000 (gross for 2 nights) -- including DJ & Arabic Dancer. The Lounge is closed on Mondays. The average gross sales for the rest of the week [Sun, Tues, Wed& Thurs] is about $2,000 total per week. It is typically run by 3 Full Time and 3 Part Time staff in addition to owners. Expenses per month: [Wages: $5,000, Electricity: $900, Gas: $150, Water: $300, Tel, Cable & Internet: $125, Advertising: $600, Insurance: $200, Parking $300]. International Village allows 2 hour free parking for the shopping center patrons and 3 hours for special occasions.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.