535 25th Street, West Palm Beach, FL 33407

2021

YEAR EST.

$335,000

LISTING PRICE

Bar & Lounge

BUSINESS TYPE

MLS#: RX-10965833

Business Name: Legacy Lounge & Rest


For More Information Call:

561-283-4663

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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This listing is courtesy of Worthy Realty LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Annual Base Rent$9,453
  • Available DocumentsNone
  • Available InformationBooks & Records, Contracts, Copies of Lease and Inventory
  • Building Info: Number of Employees25
  • Business NameLegacy Lounge & Rest
  • Business TypeBar & Lounge
  • CityWest Palm Beach
  • CountyPalm Beach
  • Expenses IncludedReal Estate Tax and Rent
  • Lease ExpiresMonday, June 30th, 2025
  • Lease Term Remarks1-3 Years and Options Available
  • LicenseBeer & Wine and Liquor
  • List Price$335,000
  • List Price/SqFt$47.86 / sqft
  • Listing DateTuesday, March 5th, 2024
  • Listing IDRX-10965833
  • Listing Price$335,000
  • Listing StatusActive
  • LocationBeach Area, Other and Shopping Center
  • Miscellaneous 1Lounge
  • Miscellaneous 2Public Restroom and Restaurant
  • Number of Stories1
  • Number of Toilets2
  • OwnershipJoint Venture
  • PossessionAt Closing
  • Property TypeBusiness
  • Renewal OptionYes
  • RoadsCity / County Maint
  • Sale IncludesBusiness Only, Equipment, Inventory, License and Signs
  • SecurityBurglar Alarm, Motion Detector and Security Sys-Owned
  • Short SaleNo
  • Short Sale A/UN/A
  • Short Sale AddendumNo
  • Special InformationSold As-Is
  • SqFt - Occupied7,000 sqft
  • SqFt Included7,000 sqft
  • SqFt SourceOwner
  • State/ProvinceFL
  • StatusActive
  • Status Change DateTuesday, March 5th, 2024
  • Street Name25th
  • Terms ConsideredCash
  • TypeBusiness
  • Type of BuildingLounge, Restaurant and Tavern Bar
  • Unit Number535
  • Virtual TourYes
  • Year Established2021
  • Zip Code33407

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