429-437 George Street

Peterborough, ON

2,000 sqft • Sale Of Business • 264 days on market

$290,500

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.

Listing Details

Listed: December 2, 2025

Price History

Listing history

Property

Age: 51-99

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: GEORGE ST/BROCK ST
Zoning: COMMERCIAL/RETAIL
Possession: Flexible

Commercial

Business Type: Grocery/Supermarket
Occupancy: Owner
Office / Apartment Area: 0 Sq Ft

Included

Inclusions: ALL FIXTURES AND CHATTELS AS DESCRIBED IN THE ATTACHED LIST.

Community

Postal area K9H

Population: 29,704
Private dwellings: 14,391
Median age: 42
Average household size: 2.2
Median household income: $64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Peterborough · last 12 months

Median sold price: $558,500
Homes sold: 1,070
Median days on market: 24
Sale-to-list price: 97.2%

Based on 1,070 recorded sales of commercial properties in Peterborough over the last 12 months.

Listed by

HOMELIFE TOP STAR REALTY INC.

Walk Score

Walk

Bike

Scores by Walk Score®

Location

Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $145.25

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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