Price: $200,000

287-289 George Street N, Peterborough, ON K9J 3H3

Turnkey BBQ Restaurant in Prime Downtown Peterborough Location -An exceptional opportunity to own a fully established, LLBO-licensed BBQ restaurant, offered at just $200,000. This 1,979 sq ft operation delivers a complete turnkey package in one of the city's most vibrant entertainment districts.Perfectly positioned directly across from Showplace Theatre and surrounded by popular nightclubs and restaurants, this high-visibility location benefits from constant foot traffic and strong day-and-night exposure.Inside, guests enjoy a warm, rustic atmosphere highlighted by exposed brick, a newly renovated interior, and a striking live-edge bar. The dining room seats 74 patrons, with approval for an additional 30+-seat patio, ideal for maximizing seasonal revenue. The space is air-conditioned and designed for comfort, efficiency, and high-volume service.A fully outfitted commercial kitchen supports dine-in, take-out, and catering operations. The lower level includes a walk-in cooler, additional prep kitchen, and good ceiling height, making it perfect for events, storage, or expanded production. This Business Asset Sale includes all fixtures, furnishings, cutlery, dishes, pots and pans, keg and beer fridges, plus 12 brand-new beer taps, ensuring a seamless transition for the next operator. Two staff parking spaces at the rear of the building add valuable convenience. Ideal for an owner-operator, nightlife concept, or hybrid food-bar model, this location offers immediate revenue potential and is priced to sell. Note: This is a Business Asset Sale Only. The buyer will assume the existing lease. A rare chance to step into a beloved BBQ destination in one of Peterborough's most sought-after neighbourhoods.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$200,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Restaurant

Years in Business

N/A

Location

Peterborough, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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