1142 replies to this topic

[Freedom57]

I believe Upgrade Labs is a Dave Aspey company.   If you want to live to 120 (or longer), this is the place for you!

I'm surprised that Victoria is the 3rd location for this venture.  I didn't know we had so many bio-hackers in our midst.

[Matt R.]

Let’s not forget Michael Forbes, he’s got a bio hacking outfit too in his portfolio of weed shops, brewery, pharmacies, etc.

No word on what he takes in his coffee.

https://agelessliving.com/

Matt.

[Freedom57]

Let’s not forget Michael Forbes, he’s got a bio hacking outfit too in his portfolio of weed shops, brewery, pharmacies, etc.

No word on what he takes in his coffee.

https://agelessliving.com/

Matt.

Oh yes!  I wonder what happened to them.  Didn't they close their downtown location in the year before Covid?  Perhaps we don't have as many bio-hackers as they need to keep the businesses in business.

Edited by Freedom57, 21 February 2021 - 01:25 PM.

[LJ]

When I first met Michael Forbes he was my pharmacist. He sure has grown from that.

 

Now I have one of his sons living next door to me.

[Victoria Watcher]

Become part of the Good Earth family, a great Canadian franchise with over 50 locations across the country. This beautifully built out corporate location is prominently located at the high traffic corner of Oak Bay Ave & Foul Bay. The Village Walk condo building was built by award winning developer Abstract Developments and has 22 condos above the ground floor commercial. The interior space has over height ceilings and great natural light from large retail windows on three sides. Good Earth has thoughtfully designed the interior with a well laid out floor plan allowing for soft comfortable seating throughout creating a cosy yet modern café atmosphere. This is extended to the covered patio with seating available on both sides of the building. The sale price includes the franchise fee, all franchise training, assets/equipment and the franchisor will be upgrading several pieces of equipment for the next operator.

 

$175,000

 

https://www.realtor....ctoria-rockland

 

[Mike K.]

It was listed for $260k in December of 2019.

[TFord]

Am I to understand the lease on this Oak Bay Cafe is $10,000 a month? 

 

Wasn't it for sale in 2019 for $75,000?

 

This is strange..

 

TFord

[Barrrister]

IF the lease is 10K a month I just dont see selling that many coffee's But who knows?

[Matt R.]

I’d wanna see 1.5 million plus in sales for that lease amount, and there’s just no way.

They are paying better than 10% of gross in rent, which is nuts.

Matt.

[Mike K.]

Am I to understand the lease on this Oak Bay Cafe is $10,000 a month? 

 

Wasn't it for sale in 2019 for $75,000?

 

This is strange..

 

TFord

 

It's technically within the City of Victoria, but on the Oak Bay border. The benefits of Victoria taxes, but in 'Oak Bay!'

 

In 2019 it was for sale at $260k, and has now slid to $175k.

[Barrrister]

Does anyone actually know if the lease is really 10k a month?

[Dexter]

You must have a dream lease Matt. Many places I know are 8-12%.

I’d wanna see 1.5 million plus in sales for that lease amount, and there’s just no way.

They are paying better than 10% of gross in rent, which is nuts.

Matt.

[Matt R.]

No, my lease is terrible. Lol.

I hope those places you speak of pay a more appropriate percentage outside of pandemic times when sales are normal.

Matt.

[Dexter]

No no, that was prepandemic... I didn’t say they were the most profitable places! Good way to lose half your profit if you pay too much for rent.

[Brantastic]

Someone on Oak Bay Local on FB posted that there is a new coffee shop coming to replace the former Starbucks in Cadboro Bay. Someone suggested Discovery Coffee but they said "It is NOT going to be Discovery Coffee. I am not able to say who it is but it's a great local coffee shop". I wonder what it'll be. Cafe Fantastico? Moka House?

Edited by Brantastic, 01 March 2021 - 11:05 AM.

[Kapten Kapsell]

Someone on Oak Bay Local on FB posted that there is a new coffee shop coming to replace the former Starbucks in Cadboro Bay. Someone suggested Discovery Coffee but they said "It is NOT going to be Discovery Coffee. I am not able to say who it is but it's a great local coffee shop". I wonder what it'll be. Cafe Fantastico? Moka House?

This reminds me of how Gonzales Coffee replaced the former Starbucks in Fairfield Plaza...

[FogPub]

Someone on Oak Bay Local on FB posted that there is a new coffee shop coming to replace the former Starbucks in Cadboro Bay. Someone suggested Discovery Coffee but they said "It is NOT going to be Discovery Coffee. I am not able to say who it is but it's a great local coffee shop". I wonder what it'll be. Cafe Fantastico? Moka House?

Serious Coffee, maybe?

[Brantastic]

Serious Coffee, maybe?

That'd be surprising, since they've been closing locations around Victoria and other cities around the island for years now. Mayfair, Broad Street, James Bay, and Cook Street Village have all recently closed.

[grantpalin]

That'd be surprising, since they've been closing locations around Victoria and other cities around the island for years now. Mayfair, Broad Street, James Bay, and Cook Street Village have all recently closed.

Oak Bay Avenue also. I seem to recall that the Cook St Village one closed because the lease was up for renewal, and the landlord wanted a higher rate than the store owner could sustain. That's not necessarily a fault of Serious Coffee the brand.

[FogPub]

That'd be surprising, since they've been closing locations around Victoria and other cities around the island for years now. Mayfair, Broad Street, James Bay, and Cook Street Village have all recently closed.

Much to my sadness, yes - I'd come to quite like the Cook St Village one, and used to stop off at the Mayfair one now and then.  The Oak Bay Ave one is still there as a coffee place, but a different operator.

 

There's still a Serious Coffee in Esquimalt Plaza and I think one or two more further west, so they're not dead yet.

Edited by FogPub, 03 March 2021 - 04:21 AM.