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03-04-2012, 12:37 PM
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#26 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by LiquidTurbo  With the property that expensive, how do they make money? | Have you looked at their prices lately?? 
But seriously... as I recall, it's still Parks Board land, and Cactus just rents the space; the Parks Board was looking several years ago to put a high-end restaurant there, but had very specific requirements (had to fit in, be built to green standards, etc.), and Cactus won the bid
Here it is: Cactus Club wins English Bay spot - British Columbia - CBC News Quote: |
The Vancouver Park Board, which manages the site for the city, is guaranteed nearly $250,000 a year in badly-needed cash from the operator once the new facility opens in the summer of 2011.
| And: English Bay may see new cafe on old concession site | CTV British Columbia Quote: |
Revenue from the bistro will be $1.2 million over five years, which would come from the restaurant's set rent of $240,000 a year, according to a March 12 Vancouver Parks & Recreation report.
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03-04-2012, 01:44 PM
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#27 | | RS has made me the bitter person i am today!
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wow 20g per month is great for rent....i thought it would be in the 40s or 50s per month...i wonder what the restaurant will make in food and bev on a busy summer saturday....im guessing 40-50g
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03-04-2012, 02:02 PM
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#28 | | My homepage has been set to RS
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Originally Posted by WolfGang wow 20g per month is great for rent....i thought it would be in the 40s or 50s per month...i wonder what the restaurant will make in food and bev on a busy summer saturday....im guessing 40-50g | I'm sure there was a "donation" in one form or another LOL
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03-04-2012, 03:53 PM
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#29 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Well, it's a small store, I think something like 120-130 seats... but it's sure to be insanely busy in the summer. There's almost as much seating on the patio as there is inside, and they have the walk-up concession as well.
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03-04-2012, 06:31 PM
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#30 | | I *Fwap* *Fwap* *Fwap* to RS
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Originally Posted by bclocalnews.com | I was there yesterday and it didn't seem like there was that many seats. The Coal Harbour location is supposed to have 500 seats inside, and 200 seats on the patio.
Last edited by beanzzz; 03-04-2012 at 06:40 PM.
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03-04-2012, 08:30 PM
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#31 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Coal Harbour will be massive - I've seen the space, the best word for it is "cavernous".
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03-04-2012, 08:47 PM
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#32 | | RS Veteran
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Whereabouts will the Coal Harbour location be?
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03-04-2012, 09:08 PM
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#33 | | My homepage has been set to RS
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Convention Centre
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03-04-2012, 09:08 PM
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#34 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Right beside the Olympic Cauldron.
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03-04-2012, 09:09 PM
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#35 | | I WANT MY 10 YEARS BACK FROM RS.net!
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It's the separate building on the other side of the cauldron from the Convention Center.
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03-04-2012, 09:29 PM
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#36 | | RS Veteran
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^
Nice!
Any ETA on when that will be completed?
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03-04-2012, 09:39 PM
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#37 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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Location is good but food will be crap..........
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03-04-2012, 09:45 PM
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#38 | | Revscene.net has a homepage?!
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Originally Posted by WolfGang wow 20g per month is great for rent....i thought it would be in the 40s or 50s per month...i wonder what the restaurant will make in food and bev on a busy summer saturday....im guessing 40-50g | 20k/month + 4% of revenue after 4 million per year. http://vancouver.ca/parks/board/2010...hBayBistro.pdf | |
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03-04-2012, 10:53 PM
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#39 | | RS has made me the bitter person i am today!
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thanks friggin crazy.....im guessing they'll make over 4mil a year easily....even if they make 4.5mil its still 180g extra on top of the 240g regular rent.
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03-04-2012, 11:09 PM
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#40 | | Willing to sell a family member for a few minutes on RS
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Its pretty disappointing that the earls/joeys/local/cactus group is taking all this nice real estate all over vancouver/everywhere in western Canada. I mean, the food is fine-ish, but it would be nice to get some great food to go with these great locations.
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03-05-2012, 03:31 AM
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#41 | | I came, I saw, I conquered.
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Pretty sure the Cactus at Broadway/Granville made 8+mil last year. I'm guessing this one will probably make at least 15-20mil.
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03-05-2012, 07:06 AM
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#42 | | Revscene.net has a homepage?!
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I'm just happy we're benefiting from better food (vs concession) and the city makes $ out of it.
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03-05-2012, 07:50 AM
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#43 | | RS has made me the bitter person i am today!
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Originally Posted by jackmeister I'm just happy we're benefiting from better food (vs concession) and the city makes $ out of it. | I don't know about you....but I personally think Cactus is nearing comcession food served on a ceramic dish.... 
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03-05-2012, 08:04 AM
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#44 | | Willing to stick a finger in a guys butt for the sake of science
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Concession was a rip off anyway.
Awesome location, love it!
Wonder what the bathrooms are gonna look like....
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03-05-2012, 09:33 AM
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#45 | | RS has made me the bitter person i am today!
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Originally Posted by Supafly I don't know about you....but I personally think Cactus is nearing comcession food served on a ceramic dish.... | yesss...
to mention a couple basic items...
a spinach salad with fresh spinach, goat cheese , balsamic , green apple and fresh beets is damn near concession food.
So is a 4 mushroom hunters chicken with flash fried string beans and herbed fingerling potatoes.  | |
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03-05-2012, 09:54 AM
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#46 | | Willing to sell a family member for a few minutes on RS
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Sorry man....the quality of menu items can't be determined off of a menu description. They aren't going to write "chemical coated peruvian imported spinach, cheap balsamic, processed nuclear warfare survivable goat cheese salad"
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03-05-2012, 09:55 AM
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#47 | | Revscene.net has a homepage?!
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Originally Posted by Supafly I don't know about you....but I personally think Cactus is nearing comcession food served on a ceramic dish.... | That BBQ Duck/Chicken Sandwich would make an awesome concession item  | |
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03-05-2012, 09:49 PM
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#48 | | Banned By Establishment
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what in the fuck is fingerling potatoes.
it's just fucking tiny potatoes that are fucking fried.
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03-05-2012, 10:23 PM
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#49 | | I came, I saw, I conquered.
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^Food there are ridiculously overpriced.
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03-05-2012, 10:44 PM
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#50 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by Ri2 Concession was a rip off anyway.
Awesome location, love it!
Wonder what the bathrooms are gonna look like.... | Pretty understated, actually... if you want an acid trip without actually dropping acid, go across the street to Milestones and check out their bathrooms.
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