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Active Business Opportunity
$950,000 ↓ −$49,000 (4.9%)
XXXX Miracle Mile, Coral Gables FL 33134, Coral Gables, FL 33134
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1930
Year Built

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

Property Details

Property Type Business Opportunity
Days on Market 59 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community —
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Coral Gables Preparatory Academy
Elementary 305-448-1731
PK-8
105 Minorca Avenue, Coral Gables, FL 33134
Ponce de Leon Middle
Middle 305-661-1611
6-8
5801 Augusto St., Coral Gables, FL 33146
Coral Gables Senior High
High School 305-443-4871
9-12
450 Bird Rd., Coral Gables, FL 33146

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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D
Dayron Crespo
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