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.