92 Ossington Avenue, Toronto, Ontario M6J 2Z4

Listed for:
$499,000
0 beds
0 baths
Listed 20 days ago
92 Ossington Avenue, Toronto, Ontario M6J 2Z4

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About

Cross Streets: OSSINGTON AVE & QUEEN ST W. ** Directions: Head south on Ossington Ave towards Queen St W and the property will be on the west side of Ossington Ave. 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:27476)

Property Highlights

MLS® Number
C12696820
Type
Business
Community Name
Trinity-Bellwoods
Land Size
Bldg=16.25 x 117 FT

Building

Square Footage
1200 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
C12696820
Agent:
Jason Kleyn
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