
Cobourg, ON K9A 2M3
Open in time for the Summer crowds!! An exciting opportunity awaits in the heart of downtown Cobourg with the sale of The EL. Currently closed, The EL was a thriving and well-established gastropub located at 74 King Street West. With one of the best and most central patios *front and back* with Victoria Hall as the backdrop!! Just steps from the marina, waterfront, and a steady flow of both local and tourist traffic, this business is ideally positioned for continued success. The EL is widely recognized for its inventive menu, creative cocktails, and playful brand identity that has cultivated a loyal following throughout Northumberland County and beyond. The restaurant has been thoughtfully renovated and features modern décor, comfortable seating, and a vibrant atmosphere that keeps guests coming back. Its reputation for globally inspired comfort food and memorable hospitality has solidified its place as a destination for locals and visitors alike. The sale includes The EL name, logo, social media pages, all fixtures, furnishings, and kitchen equipment, offering a quick, turnkey transition for the next owner. With a proven track record of both dine-in and take-out service, as well as strong community connections, The EL presents an outstanding opportunity for an experienced restauranteur or entrepreneur seeking a new venture. Additional potential exists to continue to grow the business further through catering, special events, and expanded seasonal offerings. This is your chance to own a dynamic business in one of Ontario's most desirable lakeside towns, with the lifestyle benefits that come from operating in Cobourg's welcoming and vibrant community. New lease to be signed with landlord - building owner is the owner of The EL. Front and back patios + full use of basement, included.
TRREB MLS® Attribution
MLS® X13421544
Listed by Royal Lepage Proalliance Realty
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$366
/month · $60,000 mortgage
Amortization
Total Interest
$49,870
Total Cost
$109,870
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Royal Lepage Proalliance Realty