92 Ossington Avenue Toronto, Ontario M6J 2Z4

$499,000

Presenting you a rare opportunity to acquire a long-standing Toronto restaurant brand with deep local recognition, operating continuously since 2007. La Cubana's flagship location at 92 Ossington Avenue has been profitable for over a decade and is widely known for its distinctive retro atmosphere, nostalgic Cuban-inspired menu, and professionally run operations. The business is fully built, operational, and positioned for seamless transition to new owners or operators.The premises offer a comprehensive, high-quality build-out including a main dining room, private back room, two full-service bars, a commercial kitchen, and a large lower-level prep kitchen with walk-in refrigeration. At the rear is Bar Habana, a separate Cuban cocktail bar and speakeasy concept with its own identity, providing incremental revenue and brand extension potential.The sale includes the complete brand and intellectual property package: trademarks, logos, style guides, recipes, training manuals, SOPs, photo and design library, website, and social media channels, supported by an established audience of 10,000+ Instagram followers. Gross rent approximately $8,200 + HST, with 4 years remaining on the lease and a 5-year renewal option. Financials, including normalized EBITDA, detailed POS data and unit economics are available under NDA. (id:61215)

Business

Business Type	Restaurant
Business Sub Type	Restaurant/pub

Property Details

MLS® Number	C12696820
Property Type	Business
Community Name	Trinity-Bellwoods

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	1200 Sqft
Size Interior	1,200 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	117 Ft
Size Frontage	16 Ft ,3 In
Size Irregular	Bldg=16.25 X 117 Ft
Size Total Text	Bldg=16.25 X 117 Ft
Zoning Description	Commercial

https://www.realtor.ca/real-estate/29251785/92-ossington-avenue-toronto-trinity-bellwoods-trinity-bellwoods