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429-437 George ST N Peterborough, ON K9H 3R4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Town Ward 3
MLS Listing ID X12595456
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Peterborough
Community Town Ward 3
Area Peterborough
Interior
Cooling Yes
Exterior
Utilities Available Available
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by HOMELIFE TOP STAR REALTY INC.
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