Active - Other for sale
XXXX Miracle Mile, Coral Gables FL 33134
Facts & features
Why you’ll love it
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
Listings courtesy of United Realty Group Inc.
Listed by: Art Snow • 954-243-4569 • United Realty Group Inc
Co-listed by: United Realty Group Inc
Source: Miami MLS, MLS#: A12063126
Based on info available as of Nov 13, 2026 at 7:00 PM EST.
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Affordability
$5,006/mo
- Mortgage$4,804
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$19,000 Credit back
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Travel times
About Coral Gables
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 07:00pm EST.
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$19,000 Credit back