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287-289 George Street

287-289 George Street

Peterborough, ON

  • Sale Of Business
  • 225 days on market
$200,000

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.

Listing Details

Listed
January 19, 2026

Price History

Listing history

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Parking

Garage
None

Location & Legal

Cross Street
North side of George Street, between King and Charlotte St
Zoning
C6
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant

Property Insights

hardwood floorsneeds workhot tub

AI-generated from listing photos. Not professional advice.

Community

Postal area K9J

Population
44,547
Private dwellings
19,998
Median age
44
Average household size
2.3
Median household income
$72,500

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
$558,000
Homes sold
1,057
Median days on market
24
Sale-to-list price
97.2%

Based on 1,057 recorded sales of commercial properties in Peterborough over the last 12 months.

Listed by

YOUR HOME SOLD GUARANTEED REALTY IMPERIUM

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