Rare opportunity to acquire an iconic footwear retailer established in 1907, serving the Cornell University community and greater Ithaca area for over 100 years. This legendary independent shoe store occupies a prime 2,000 square foot storefront just 500 feet from Cornell's original entrance in the heart of Collegetown.

Business Overview:
This turnkey operation generates $925,000 in annual revenue with $132,000 in seller's discretionary earnings. The business serves a stable, recession-resistant university market with guaranteed recurring traffic from Cornell University and Ithaca College students, faculty, and the local community. The store specializes in premium winter and comfort footwear with established brand accounts and knowledgeable fitting services.

Key Strengths:
• Over century-long heritage with irreplaceable brand equity
• Prime location in high-density pedestrian corridor adjacent to campus
• Stable university market provides consistent annual customer cycle
• Fully equipped turnkey operation with retail fixtures and shoe repair capabilities
• Extensive customer database built over decades
• Established relationships with sought-after footwear brands
• Current lease through March 2027 at $5,098 monthly

Growth Potential:
Cornell University continues expanding development and enrollment, creating fresh market opportunities annually. Recent revenue reflects temporary impact from construction and street closures, presenting upside potential for new ownership.

Financials:
• Annual Revenue: $925,000
• Cash Flow: $132,000
• Inventory Value: $250,000
• Monthly Lease: $5,098

The retiring owner of 33 years offers 30-45 days of consulting and training support for seamless transition. This represents a once-in-a-generation opportunity to acquire a legendary retail institution in one of New York's premier university markets.

Asking Price: $200,000 + Inventory (approx 250K)