XXXX Miracle Mile, Coral Gables FL 33134 | Miami-Dade County | A12063126
- $999,000
- $999,000
Description
High-Margin Formalwear Retail & Rental – Immediate Turnkey Opportunity!
An exciting opportunity to acquire a well-established, highly specialized formalwear and tuxedo sales and rental business. I & A Formalwear has built a strong reputation and a dependable customer pipeline by solving a major pain point in the formalwear industry: same-day, on-the-spot outfitting.
Unlike competing shops that rely on third-party catalogs, off-site warehouses, and lengthy turnaround times, this business operates with an extensive, fully owned in-house inventory. Customers can walk in without an appointment, be professionally fitted in minutes, and walk out ready for a gala, prom, wedding, or black-tie event the very same day.
This unique operational model drives high customer satisfaction, strong word-of-mouth referrals, and consistent, high-margin revenue.
Investment Highlights & Competitive Advantages
The “Same-Day” Competitive Edge: Fully stocked in-house inventory allows for immediate turnaround on rentals and retail sales—capturing lucrative last-minute event traffic that competitors turn away.
Dominant “Big & Tall” Niche Specialist: Exceptional selection of hard-to-find extended sizes (sizes 50 up to 70 Extra Large), creating a loyal regional destination for customers who cannot find proper fits at standard chain stores.Premium Designer Brands: Features high-quality, fashionable attire—including designer inventory such as Ralph Lauren—offering classic and contemporary styles
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Address
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Address: Miracle Mile
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City: Coral Gables
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Zip/Postal Code: 33134
Details
Updated on August 3, 2026 at 6:51 am-
Property ID A12063126
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Price $999,000
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Year Built 1930
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Property Status Active, Business Opportunity
Additional details
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional/Refinance
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Waterfront No
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Structure Type Retail
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Inclusions Furniture/Fixtures,Inventory,Leases,Trade Name, Business Only
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 0
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