
287-289 George Street
Peterborough, ON
- Sale Of Business
- 225 days on market
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
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
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Location
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