50-Year Established Formalwear Shop – Palm Beach County

A rare opportunity to acquire a highly reputable and profitable formalwear business located in one of Florida’s most affluent and desirable markets. With a trusted 50-year history, this turnkey operation is known for exceptional customer service and premium formalwear offerings.

Key Highlights
Prime Location
Situated in a high-traffic, upscale area of Palm Beach County, the shop benefits from a steady flow of both year-round residents and seasonal clientele. The surrounding community provides constant demand for wedding, gala and special-event attire.

Diverse, Reliable Revenue Streams
Revenue is supported by strong tuxedo rental business—weddings, proms, black-tie events—and complementary formalwear sales. The business model is stable, proven and well diversified.

Appointment-Only Model
Operations currently run strictly by appointment, allowing for personalized service and streamlined scheduling. Ample opportunity exists for expanding hours or transitioning to hybrid walk-in availability.

Smooth Transition Assurance
The owner is committed to a seamless transition. They will remain onsite for 2 weeks post-sale for hands-on training and will be available by phone afterward. The owner plans to stay in the local area long-term.

Substantial Growth Potential
Significant opportunities for expansion include:

Implementing modern digital marketing (SEO, Google Ads, social media)

Increasing operating hours from the current 30 hours/week to over 60 hours/week

Enhancing brand visibility through partnerships with local wedding planners, venues and schools

Ideal Buyer
Perfect for an investor seeking a profitable, established business or an experienced formalwear professional ready to step into a respected, long-standing operation.

Check out the Video: https://youtu.be/nx6l4HD8ICw?si=tHEtFzXqvny_yZwY