937 222Nd StEuclid, OH 44123

For Sale
$299,000

Profitable Euclid eatery, prime location.

Overview

Added:
Feb 3
Days on market:
38
This exceptional mixed-use property at 937 E 222nd Street, Euclid, OH, presents a rare opportunity to acquire a well-established and profitable business. Spanning two decades, Euclid Paninis boasts a strong track record of success, consistently maintaining profitability, even throughout the challenges of the COVID-19 pandemic. This achievement is attributed to a robust carry-out service that was effectively implemented and continues to contribute significantly to revenue. The business occupies a 3,302 square foot space situated on a 0.56-acre lot. The current asking price for the business and property is $299,000. The current business model operates as an area franchise, offering the potential for continuation under the existing franchise agreement or the flexibility to operate independently. The current monthly rent for the business is $8,500. Current hours of operation are Monday through Friday, 11 AM to 9 PM, and Saturday and Sunday, 12 PM to 8 PM. A significant advantage for a prospective buyer is the willingness of one of the current operating partners to remain involved under qualified ownership, providing valuable continuity and expertise. This turnkey operation offers immediate income potential and a solid foundation for continued growth in a desirable location. This is a truly unique opportunity for an ambitious entrepreneur seeking a well-established and profitable business.

Property Details for 937 222Nd St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
3,302 SF
Year Built
1947
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Euclid
County
Cuyahoga
State
Ohio
Latitude
41.58844
Longitude
-81.5263
937 222Nd St, Euclid, Ohio

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937 222Nd St
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