$950,000
XXXX Miracle Mile, Coral Gables FL 33134
Business for sale · Built 1930 · Active
MLS# A12063126 · Listing courtesy of United Realty Group Inc
Facts
- Type
- Business for sale
- Year built
- 1930
- Zoning
- 5004
- Listed
- Jul 31, 2026
About this property
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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Location
XXXX Miracle Mile, Coral Gables FL 33134Open in Google Maps
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Enquire about this property
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Veronika Horshteyn, Reaction Realty Group Inc. WhatsApp is the fastest way to reach her.
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Listing data last updated 10/23/2026, 11:00:58 AM ET.