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.
- Asking Price:
- $450,000
- Sales Revenue:
- $750,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration: 12/31/2029
- Leasehold Rent:
-
$7,000 per annum
- Premises Details:
-
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.
- Size in square feet:
- 3,500
Business Operation
- Expansion Potential:
-
Opportunities exist to expand virtually and through social media.
- Competition / Market:
-
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.
- Reasons for selling:
-
Retiring after running the business since 1972.
- Employees:
- 12
- Years established:
- 53 Years
