High-Margin Formalwear Retail & Rental for sale - Business for Sale
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Formalwear Retail & Rental Store in Coral Gables, FL
Coral Gables, FL, US
Added 1 day ago
Formalwear Retail & Rental
15 years in business
Formalwear retail and rental business specializing in same-day tuxedo outfitting, operating from a prime location in Coral Gables, FL.
Key Information
Asking
$950K
Revenue
–
Earnings
–
Multiple
–
Key Highlights
- Business has been established for 15 years
- Located in Coral Gables, FL
- Specializes in formalwear and tuxedo sales and rentals with same-day, on-the-spot outfitting
- Operates with extensive, fully owned in-house inventory covering all sizes from child (size 3) to Big & Tall (sizes 50 to 70 Extra Large)
- Annual replacement/merchandise costs are $8,000 to $10,000
- Serves a high-profile clientele including government officials, entertainment personalities, corporate professionals, and high-net-worth residents
Contact Info
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