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535 25th Street , #535

West Palm Beach, FL 33407
  • $335,000
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: RX-10965833
UPDATED: 75 min ago
$335,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $48
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Legacy Lounge and restaurant is available for purchase and at an unbeatable price. Priced to sell and allow the new owner to be in the green within a few months, this amazing location boast around 7,000 sq ft, including a full kitchen, liquor license for indoor and outdoor dining along with 2,000 sq ft dedicated to 1 of 4 Tikis in West Palm Beach. Additional features include top of the line TOAST POS system with 5 hand-held devices, 4 terminals and 6 printers all with wireless connections helping make this business accurate and efficient. Legacy is well established and currently operates 5 days of the week meaning there is even more room to increase revenue. City allows operations until 3AM, Legacy also is not open during lunch hours which also means increased revenue opportunity.

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www.floridaliferealestate.com/homes/148296608
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535 25th Street , #535 West Palm Beach, FL 33407

  • Price: $335,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 75 min ago
  • MLS #: RX-10965833
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,000
SQFT
$48
$/SQFT
Neighborhood:
West Palm Beach
County:
Palm Beach
Area:
West Palm Beach
Property Description
Legacy Lounge and restaurant is available for purchase and at an unbeatable price. Priced to sell and allow the new owner to be in the green within a few months, this amazing location boast around 7,000 sq ft, including a full kitchen, liquor license for indoor and outdoor dining along with 2,000 sq ft dedicated to 1 of 4 Tikis in West Palm Beach. Additional features include top of the line TOAST POS system with 5 hand-held devices, 4 terminals and 6 printers all with wireless connections helping make this business accurate and efficient. Legacy is well established and currently operates 5 days of the week meaning there is even more room to increase revenue. City allows operations until 3AM, Legacy also is not open during lunch hours which also means increased revenue opportunity.
Exterior Features

Road City / County Maint

Interior Features

Bath Toilets 2.00 Miscellaneous1 Lounge Miscellaneous2 Public RestroomRestaurant Sq Ft Occupied 7000.00

Property Features

Annual Base Rent 9453.00 Auction No Available Docs None Available Info Books & RecordsContractsCopies of LeaseInventory Business Name Legacy Lounge & Rest Business Type Bar & Lounge Employees 25 Expenses Include Real Estate TaxRent Lease Expires 2025-06-30 Lease Term Rem 1-3 YearsOptions Available License Beer & WineLiquor List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location Beach AreaOtherShopping Center Ownership Joint Venture Possession At Closing Renewal Option Yes REO No Sale Includes Business OnlyEquipmentInventoryLicenseSigns Security Burglar AlarmMotion DetectorSecurity Sys-Owned Short Sale No Short Sale Addendum No Short Sale AU N/A Special Info Sold As-Is Terms Considered Cash Type Of Building LoungeRestaurantTavern Bar Year Established 2021.00

Listing provided courtesy of Worthy Realty Llc: . Listing information © 2024 BeachesMLS
 
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