$999,000
( $154.91Per Sq Foot )
 $5,363 est/mo Sourced by Back At You

Xxxx Xxxx Miracle Mile,Coral Gables, FL 33134

Coral Gables, FL 33134

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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 AdvantagesThe "Same-Day" Competitive Edge: Fully stocked in-house inventory allows for immediate turnaround on rentals and retail salescapturing 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 attireincluding designer inventory such as Ralph Laurenoffering classic and contemporary styles

Details

MLS #A12063126
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site29
Listing Provided ByUnited Realty Group Inc | Art Snow

Features

SQ Feet6,449
Zoning5004

Area Information

StateFL
CountyMiami Dade
CityCoral Gables
Zip Code33134
Area2410
Listing VS Median (in 33134)
Price:
$999,000
low | high
Med:
$20,000
100% of Average
sqft:
6,449
low | high
Med:
2,763
100% of Average
$ / sqft:
$155
low | high
Med:
$8
100% of Average
On site:
29
low | high
Med:
123
23.577235772358% of Average
Sourced by Back At You

Market Activity 33134

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Learn More About This Property

StateFL
CountyMiami Dade
CityCoral Gables
Zip Code33134
Area2410
Listing VS Median (in 33134)
Price:
$999,000
low | high
Med:
$20,000
100% of Average
sqft:
6,449
low | high
Med:
2,763
100% of Average
$ / sqft:
$155
low | high
Med:
$8
100% of Average
On site:
29
low | high
Med:
123
23.577235772358% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $749K - $1.248M
sqft: 4,500 - 8,000
Listing Updated: August 4, 2026 at 4:56:10 AM PDT