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$950,000
51 Days On Site

XXXX Miracle Mile
Coral Gables, FL 33134

For Sale|Business|Active
0
Beds
0
Total Baths
6,449
SqFt
$147
/SqFt
1930
Built
County:
Miami-Dade
Call Now: 305-351-7766
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305-351-7766
XXXX Miracle MileXXXX Miracle MileXXXX Miracle MileXXXX Miracle Mile
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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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Listing Snapshot
Price 
$950,000
Days On Site 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,449 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1930
MLS® Number 
A12063126
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $950,000
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Property Sub Type 
Business
SqFt Total 
6449
Zoning 
5004
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Community Features
MLS Area 
41
Financing Terms Available 
CashConventional
Listing courtesy of United Realty Group Inc

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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