Renowned Gift Store and Gallery on Iconic Corner location
Ithaca, NY
| Asking Price: | $450,000 |
| Rent: | $7,000/Month |
| Gross Revenue: | $750,000 |
| Established Year: | 1972 |
Listing ID: 2238899Listing provided by BizBuySell
BUSINESS DESCRIPTION
The go-to gallery and gift store in the Ithaca and Finger Lakes region. Housed in a meticulously maintained Landmark Historical building. A masterpiece retail location looking for the next generation owner.
Video link at https://action-house-media.aryeo.com/listings/66577c40-95f8-4b59-8c46-7f4324763e1e/download-center
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Ithaca, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
31/12/2029
Employees
12
Facilities
Equipment, furnishings and fixtures. Inventory extra. Long-established customer base. Prime location in center of Ithaca Commons. Known internationally for stunning collection of crafts, hand-blown glass, jewelry and sculptures. Maximum visibility during dozens of events in adjoining outdoor pavilion (Ithaca Festival, Chili Festival, etc.) that draw thousands of visitors per event. Long-established web presence and online shop.
Competition
This business is truly one of a kind but a few other jewelry and craft gift stores are present on the Ithaca Commons and the Ithaca area.
Growth & Expansion
Opportunities exist to expand virtually and through social media.
Financing
Reasonable offers will be considered.
Support & Training
Owner is happy to support new owners with his years of experience.
Reason for Selling
Retiring after running the business since 1972.
Report an Issue with this listing
