+8 more
$499,000
92 OSSINGTON
Toronto (Trinity-Bellwoods), Ontario, M6J2Z4
1,200 sqft
Building Area
About This Property
This business in Toronto offers 1,200 sqft of building area. The property has lot dimensions of Bldg=16.25 x 117 FT, cross street OSSINGTON AVE & QUEEN ST W, zoned COMMERCIAL. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
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:60351)
Inclusions
* As per List of Chattels & Equipment *
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