Price: $290,500

429-437 George Street N, Peterborough, ON K9H 3R4

Exceptional opportunity to own a well-established and profitable business with strong potential for further expansion. This turnkey operation generates approximately $30,000-$35,000 in monthly revenue (around $400,000 annually) with an impressive net profit margin. The owner is willing to fully train the new operator to ensure a smooth transition and continued success. The business is supported by a loyal customer base and an efficient operating model, making it ideal for both experienced entrepreneurs and first-time business owners seeking a high-performing franchise opportunity. Turnkey 2000 sq ft South-Asian grocery and live food counter is located in the heart of downtown Peterborough. Operating successfully for over 5 years with verified financials. The store is well-established with a loyal customer base, excellent visibility, and includes all premium fixtures and fittings. Inventory is separate and to be negotiated at the time of sale. Key Business Highlights include Prime downtown Peterborough location with front and rear access and parking. Low rent and high visibility with steady foot traffic. Fully equipped store plus basement and loft with washroom and shower. Includes live food counter with 2-basin metal sink (hot & cold water). Strong community reputation and loyal customer base with 5+ years of profitable operation. Excellent goodwill and online presence (Instagram, Facebook, Google Maps, website & private delivery system). Partnerships and strong customer flow from Fleming College and Trent University students. Citywide exposure through bus transit ads running for over 2 years.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2000 Square Feet

List Price

$290,500

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Grocery/Supermarket

Years in Business

N/A

Location

Peterborough, ON

Status

Active

Franchise

No

Last Updated

Similar Listings for SaleView all listings

Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

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

Map View

Some information about this property -

Agent

Book a Showing

Check Out this business!

I agree to receive marketing and customer service calls and text messages from Bizmonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.