Step into a thriving opportunity with a well-established formalwear business located in the retail heart of Miami. This turnkey operation boasts a robust in-house inventory, including over 600 tuxedos and suits accommodating sizes up to 70, more than 100 pairs of new and gently used rental shoes, and an extensive selection of formal accessories such as vests, bowties, cufflinks, and shirts. The store is thoughtfully designed with fine custom showcase displays, high-end mannequins, and specialized equipment like sewing machines, washing and drying units, an iron press, and a large refrigerator to ensure garments are maintained in pristine condition. Multiple storage and changing areas enhance the customer experience, making it a preferred destination for same-day tuxedo rentals and last-minute formalwear needs.?

Strategically positioned with optimized business listings that secure first-page search engine rankings, the business has cultivated a loyal clientele primarily through word-of-mouth and walk-in traffic. Despite minimal marketing efforts, the business has demonstrated consistent performance, indicating significant growth potential. A new owner could capitalize on this untapped opportunity by investing in a dedicated website and targeted marketing campaigns to expand the customer base further. The existing lease offers an extension opportunity, providing stability and continuity for future operations.?

To ensure a seamless transition, the current owner offers up to three months of in-person training and support, covering essential business operations, effective sales techniques, and valuable insights into local industry trends. Additionally, the new owner will benefit from an established network of third-party product suppliers and supporting industries, facilitating continued success. This is a rare chance to acquire a reputable, fully-equipped formalwear business with a strong foundation and ample room for growth in Miami's vibrant market.