Sharkeys Express Foods Ltd., Nanaimo, BC
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Sharkeys Express Foods LTD. has the food services for the following three locations… Aquatic Centre 741 Third Street Nanaimo, BC V9R 7B2 (250) 756-5200 The restaurant is named Sharkey’s, there is seating for approximately 60 people. Their hours are from 7am to 7pm seven days a week. Their lease is with the city of Nanaimo. They also obtain their business from the adjacent high school that is connected directly to the aquatic centre. The manager runs all three locations and is paid 3,000.00/month. There is a staff of 5 part-time. They service the other two locations through this facility. The owners have spent approximately $170,000.00 on lease holds and equipment. Hockey Rink 750 3rd St. Nanaimo, BC V9R3K4 250-756-5200 The hockey rink is located about 300 yards from the aquatic centre. The rent is 14% of sales which includes electrical and cleaning. This lease is also with the city of Nanaimo. This location has a small kitchen and fridge. This location is only open from September through March of Friday 4pm-8pm Sundays 7am-7pm. Sales 48,000.00 Rent 7,200.00 Food 14,000.00 Labour 7,000.00 Misc. 2,000.00 TOTAL 30,200.00 Net 17,800.00 Ball Diamond 6175 McGirr The ball diamond is open from April to Thanksgiving. They are open Monday to Friday 5pm - 9pm and weekends 7am – 7pm. This lease is with the McGirr Sports Society. The income and expense for this location is as follows. Sales 65,000.00 Rent (12%) 8,800.00 Food 23,000.00 Labour 13,000.00 Misc. 3,000.00 Total 47,800.00 Net 17,200.00 This would be an excellent husband and wife business. The food costs are high at 42%. The menu pricing indicates that the food cost should be closer to 35%. The owners of the business are absentee.
