Iconic 100+ Year Turnkey Shoe Store Prime Ithaca, NY Location - Business for Sale
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Historic Footwear Retail Store Near Cornell University, Ithaca NY
Ithaca, NY, US
Added 1 month ago
Retail Stores - Footwear
119 years in business
Retiring Owner
Independent footwear retailer established in 1907, located in a 2,000 sq ft storefront near Cornell University in Ithaca, NY, specializing in premium winter and comfort shoes with a stable university-driven customer base.
Key Information
Asking
$200K
Revenue
$925K
Earnings
$132K
Multiple
1.5x
Key Highlights
- Business established in 1907 with 119 years of operation
- Prime 2,000 sq ft retail location 500 feet from Cornell University's original entrance in Collegetown, Ithaca, NY
- Current lease runs through March 2027 at $5,098 per month
- Inventory value is approximately $250,000
- Owner has operated the business for 33 years and offers 30-45 days of consulting and training support
Contact Info
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