Retail Business for Sale in Coral Gables
$950,000 · MLS# A12063126
The Numbers
| Asking price | $950,000 |
|---|---|
| Gross revenue | $350,000 |
| Building size | 6,449 sq ft |
| Days on market | 100 days |
| Year established | 2011 |
| Current owner since | 2011 |
| Price history | Reduced from $999,000 (−5%) |
| On the market | Listed July 30, 2026 (101 days) |
| Business type | Retail |
| Location | Coral Gables, Miami-Dade County |
| MLS# | A12063126 |
About This Retail Business
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 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
Ask About This Business
A licensed BreakThru Realty business broker can request the financials, the lease and the confidential information memorandum for you and walk you through them. Call or text (786) 914-1017 or email sales@breakthrurealty.com and mention MLS# A12063126.
Courtesy of
United Realty Group Inc · Listing agent: Art Snow
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Comps and Market Insights
9 comparable businesses are for sale in Miami-Dade County at a median asking price of $750,000. This business asks 26.7% above that median. 1 comparable business sold in Florida in the last 12 months.
Comparable Businesses for Sale
| Business | City | Asking | Gross revenue | Net income |
|---|---|---|---|---|
| Retail Business for Sale in Miami Courtesy of The Keyes Company | Miami | $950,000 | $600,000 | Not listed |
| Retail Business for Sale in Cutler Bay Courtesy of Mi Casa International Realty, LLC. | Cutler Bay | $850,000 | Not listed | Not listed |
| Retail Business for Sale in Doral Courtesy of Doral Service Realty Inc. | Doral | $850,000 | $1,500,000 | Not listed |
| Convenience Store for Sale in Miami Courtesy of Midtown Realty International | Miami | $750,000 | $208,000 | Not listed |
| Convenience Store for Sale in Miami Courtesy of Real Estate Sales Force | Miami | $720,000 | Not listed | Not listed |
| Retail Business for Sale in Miami Courtesy of Realty One Group Evolution | Miami | $699,900 | Not listed | Not listed |
Recent Business Sales
| Sold | Business type | City | Asking | Sold price | Days on market |
|---|---|---|---|---|---|
| 2026-11-02 | Gas Station Courtesy of Paradise Homes Realty of the T | Haines City | $1,650,000 | $1,100,000 | 310 |
All recently sold businesses in Florida
Comparable means the same industry group (Retail) at a price within 40% of this business, in the closest area with at least 5 of them: the city, then the county, then Florida. A median needs 5 or more behind it. Businesses for sale start at $240,000, the lowest asking price these pages show. Source: active and closed business opportunity listings on the MLS. Asking prices are what sellers hope for; sold prices are what buyers paid. Names of sold businesses are withheld. These figures compare listings. They are not a valuation of this business.
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