Winnipeg Free Press Newspaper Archives Jul 27 2015, Page 17

Winnipeg Free Press (Newspaper) - July 27, 2015, Winnipeg, Manitoba C M Y K PAGE B5 winnipegfreepress. com BUSINESS WINNIPEG FREE PRESS, MONDAY, JULY 27, 2015 B 5 Mainland Commerce Real Estate ( 204) 504- 6631 ext 102 or Georges ( 204) 962- 1286 FOR LEASE Professional Office Space on Marion Street in St. Boniface • 3,253 square feet of high quality finishes • 7 offices, built- ins include boardroom table and reception desk • Generous parking Available October 1, 2015 Highland Park Professional Centre East St Paul The Greg Michie Team call Greg: 204- 336- 2800 gmichie@ gregmichie. com • 1,500 to 4,000 SF Ready for immediate occupancy and will build to suit up 8,000 SF • Busy Henderson Hwy location • Ample Free Parking • Tenants include: Family Medical practise w/ 10 doctors; Pharmacy; Lab; Physiotherapist; X- Ray Clinic; Law Office; Veterinary Clinic and Real Estate Office FOR SALE AUTOMOTIVE REPAIR SHOP Well established automotive repair shop with many long time repeat clients. Turn key operation Includes Business, Building and all equipment. Excellent 3 bay shop on a high traffic area. Paved lot. Call for further details. 204- 784- 3221 email: bernie@ bernienault. ca web site www. BernieNault. ca FOR SALE STRIP MALL FOR SALE 176 HENDERSON HWY Perfect for Owner/ Investor. Put your business in 1 of the vacant units and rent out the rest. Make income instead of just paying rent! PRICE: $ 575,000.00 SIZE: 3,300 Sq. Ft. +/- 3 Separate units TAXES: $ 10,608 ZONING: C2 PARKING: 5 On site parking stalls skylinerealty@ shaw. ca Phone: 204.947- 5900 Fax: 204.942.5715 305- 414 Graham Avenue OWEN W CRAMER. B. A., PRESIDENT Winnipeg, MB R3C 0L8 Commercial Real Estate Services REDUCED 438 Aulneau 14 Suites • 2 Bachelors • 12 - 1 Bedrooms Great location. Always full. PRICE REDUCED TO $ 1,300,000 SUTTON GROUP FOR SALE Gerry Namak 204.981.0522 Bobby Wall 204.218.7474 390 YORK AVENUE ATTRACTIVE LEASE RATE & TERMS 1031 sq ft with 4 private offices. 895 sq ft with 3 private offices. Both also have kitchenette facilities available. Onsite parking available. EDWARD YUZAK • 204- 475- 9130 SUTTON GROUPKILKENNY REAL ESTATE OFFICE FOR LEASE Edward Yuzak Sutton Group Real Estate 204- 475- 9130 • Within short walking distance to St. Boniface Hospital • Suitable for numerous uses: office, retail, medical office, insurance, etc. • Tastefully upgraded • Excellent parking available • Attractive lease rates 278 Taché - 775 sq. ft. AND 132 Horace St. - 875 sq. ft. FOR LEASE ST. BONIFACE WINNIPEG CHEAP SKATE As Winnipeg’s self- proclaimed biggest cheapskate, Jeremy Bradley has been cutting costs and looking for creative ways to save money. Bradley, a syndicated radio host and entertainment reporter, is author of The Official Guide to Being a Winnipeg Cheapskate . He joins the Free Press Business section as an occasional video columnist. THIS WEEK’S TIP: Another long weekend is upon us and it will be very tempting to go out and spend a bunch of money as we approach the halfway mark of summer. But have no fear, Winnipeg wallets and purses: I am here to keep you hidden away in the shade this weekend. Whether it is going out and getting to know people in your neighbourhood or expanding your knowledge and learning a new craft or hobby, you can actually have fun this weekend without spending a penny… or a nickel. Check out the details at winnipegfreepress. com and watch this week’s Winnipeg Cheapskate video. . Check out the rest of his tips and tricks. Have you ever wondered why “ cheap” isn’t on the Welcome to Winnipeg sign? It should be. IT’S WHAT WE’RE KNOWN FOR. ¥ See video at winnipegfreepress. com T O Jeff Jetton, the four hours it takes to make jello shots is an eternity — and an opportunity. Bars love selling the jiggly, alcoholinfused confections because they make money. But no bartender or sous- chef likes boiling water, mixing the powder, adding the booze, and then waiting. And making more at midnight after you sell out isn’t an option, so you end up leaving money in partiers’ pockets. Jetton, a serial entrepreneur who’s started and sold two companies, says he and co- founder Tyler Williams, a former bar owner, have the answer: a high- tech machine the size of a large microwave that turns out a tray of 20 shots in just 10 minutes. It’s taken them three years, and $ 3 million of the $ 4.2 million ( all currency US) in venture capital they’ve raised, to turn slow- setting gelatin into fast food, but they’re just about ready for launch. They aim to ship the first commercial machine in March. “ There was no innovation around gelatin,” Jetton, 49, says in an interview at his office just south of Portland, Ore. On the other side of a glass wall, one of his eight employees fiddles with tubes, wires, clear plastic containers and batteries, simplifying the prototype machine for production. “ We started with a yellow pad of paper.” Jetton and Williams say their machine, called the Jevo, will do for gelatin what Keurig did for coffee, and make them a fortune in the process. Keurig, now called Keurig Green Mountain, became the envy of the food- and- beverage business in about 2009, when sales of its single- serving brewing system took off. The company sells coffee makers yet makes most of its money on the little plastic K- Cups, which caffeine fiends pop into the brewers by the billion each year. In the fiscal year that ended in September, it sold 9.8 billion K- Cups, reaping $ 3.6 billion in revenue, up 13 per cent from the previous year. Like Keurig, Jetton’s company, Food + Beverage Innovations, plans to make money on gelatin flavour pods, not the machines. A pod, enough to make 20 shots, is about the size of a single- serving yogurt. Just drop one in the machine, add water and booze, and hit a button. Ten minutes later, you have a tray of chilly gelatin shots. Jetton plans to make his jello shots without Jell- O brand gelatin. ( The term jello shot refers to spiked gelatin, regardless of who makes the raw material.) Jetton is sourcing his gelatin through Jel Sert, which produces Otter Pops and Royal Gelatin, and makes Jevo’s powdered mix in 17 flavours. Kraft Heinz, maker of Jell- O, isn’t a fan. Spokesman Michael Mullen says Jevo is an infringement. “ Kraft Heinz ( is) not associated with this company and they are using our trademark without our consent,” Mullen said in an email. Jetton is undaunted: “ If they have an issue with us, they can call or send us a letter.” Jetton says 2,500 bars, restaurants, casinos and cruise ships are considering a Jevo machine. He’s working with spirits giant Beam Suntory on promotions. Hennessey’s Tavern Inc., a company with 17 restaurants in California and Nevada, is signed up to be one of Jetton’s first customers. Terry Hermeling, owner of Yur’s Bar & Grill in Portland, is in line, too. “ We sell a lot ( of jello shots), but we have to make them by hand,” he says. “ I think he’s onto something. I’m a beer drinker, but the kids like them.” Eric Bowler, owner of two Portland bars, says he’d like to add jello shots to his menu. He hasn’t yet, though, because he’d need extra hands as well as another refrigerator. Also: “ I hear they disappear,” he says; employees see them in the fridge and take one. Jetton got interested in jello shots after Williams, an old friend, came to him with the idea for a machine that would crank them out. Williams owned a Portland club called Bettie Ford, dark reference to the California rehab clinic. There, and at other bars he owned, Williams sold thousands of jello shots, he says. Making them was a pain, though. Jetton pondered the idea. A college dropout and former U. S. marine, he made his first fortune in the late 1990s by building the nation’s largest network of independent ATMs, with 9,000 highfee machines in bars, restaurants, and casinos. In 2000, he sold it to E* Trade Financial for $ 100 million. Then he developed a system that speeds payment at the end of charity auctions, and sold that, too, five years ago. He has big dreams for the Jevo machine. After rolling them out in bars, Jetton wants to put them in hospitals and assisted- living centres. Gelatin is just as good for delivering medicine to hospital patients as it is for getting vodka down people’s throats Friday nights, he says. And demand could be huge because the sick and elderly often have trouble swallowing pills, but they love their gelatin. In January, Jetton completed a pilot project with U. S. Renal Care, providing gelatin cups packed with protein to dialysis patients. They tested the system for ease of use and taste, a challenge because protein supplements can taste terrible. Food industry analyst Phil Lempert says he’s skeptical of the Jevo. “ I’m intrigued by the idea,” he says. “ But to deliver medicine and to deliver hipster drinks, ( it) might be the wrong carrier,” because gelatin is “ artificial everything.” — Bloomberg News SAN FRANCISCO — Will FANG strike again? Facebook shares were up almost two per cent Friday as investors anticipate the release of second- quarter financial results Wednesday. Driving that anticipation: FANG — the acronym coined by CNBC Mad Money host Jim Cramer. It stands for Facebook, Amazon, Netflix and Google. This fearsome foursome has delivered some impressive returns for investors. Year- to- date Facebook shares are up 22 per cent, Google 27 per cent, Amazon 55 per cent and Netflix — get this — is up 125 per cent. Google, Amazon and Netflix have already reported second- quarter results that thrilled investors. So how will Facebook do? Analysts polled by Thomson Reuters expect Facebook to report an adjusted 47 cents a share, up 12 per cent from the year ago quarter. Revenue is expected to increase 36 per cent to US$ 3.98 billion. And, of the 50 analysts who cover Facebook, 17 rate the company a strong buy with 28 rating it a buy, as Wall Street points out. Among the reasons why: mobile advertising on the giant social network is surging, and analysts see great promise in the growing popularity of Facebook’s mobile apps Messenger, WhatsApp and Instagram and in the sale of video ads on Facebook. “ We think revenue growth visibility for Facebook into next year will further increase from video ads and a greater push from Instagram ads,” Rosenblatt Securities analyst Martin Pyykkonen wrote in a research note. — USA Today Investors prep for FANG bite PHOTOS BY MATT D’ANNUNZIO / BLOOMBERG NEWS Jeff Jetton ( left) and Tyler Williams toast to future success at their office near Portland, Ore. The men say their machine, the Jevo, will do for gelatin what Keurig did for coffee. Duo spent $ 3 million on instant jello shots Jell- O maker Kraft Heinz not impressed by machine By Anthony Effinger The Jevo can turn out a tray of 20 edible shots, served in recyclable plastic cups, in 10 minutes, its creators say. Commercial Properties & Investments Commercial Properties & Investments B_ 05_ Jul- 27- 15_ FP_ 01. indd B5 7/ 26/ 15 5: 00: 39 PM