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$499,000
Available - For Sale
Listing ID: C12696820
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.
Price $499,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 92 OSSINGTON Avenue , Toronto, M6J 2Z4, Toronto
Postal Code: M6J 2Z4
Province/State: Toronto
Directions/Cross Streets: OSSINGTON AVE & QUEEN ST W
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12-9pm
Employees #: 10
Seats: 59
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

92 OSSINGTON Avenue , Toronto, M6J 2Z4, Toronto

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Trinity-Bellwoods
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Lot Size: x 117.00(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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