1,200 ft2
Fully Air Conditioned
Forced Air
$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:63476)
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 |