Contents of Charley’s Crab in Palm Beach to be sold starting Saturday

Equipment, china, dining tables and hundreds of other items from the old Charley’s Crab will be sold starting Saturday morning at the former restaurant building across from Midtown Beach in Palm Beach.

The restaurant at 456 S. Ocean Blvd. shuttered its doors in early April, just days before the Frisbie Group bought the building and its contents for a recorded $26.3 million. The company plans to raze the structure and replace it with four luxury townhouses.

Asset Recovery Advisors LLC of Palm Beach Gardens will handle the sale, which is expected to run for a couple of weeks and will be open to the public, said Tom Hill, senior liquidator adviser for the company.

“Everything will have a marked price — way below retail,” Hill said.

RELATED: Charley’s Crab closes in Palm Beach after nearly 40 years

The sale will include freezers, stoves and other equipment from the restaurant kitchen and its two separate bar areas, including an espresso machine and Hobart mixers. But shoppers also will find bar stools, dining tables, chairs, lighting fixtures and artwork, along with “nostalgic” items,” Hill said. Also for sale will be china place settings, glassware, silverware, serving trays, chafing buffet servers, water pitchers and the like.

Suzanne Frisbie, a principal with the Frisbie Group, said the sale was necessary “because we have no use” for the items.

Asset Recovery Advisors has more than 35 years experience liquidating furniture, fixtures and equipment for clients nationwide, according to the company. The firm recently handled the sale of assets after the closure of some 900 Toys R Us stores, Hill said, and has worked with other national retailers and businesses.

RELATED: Developer plans townhouses for former Charley’s Crab site

Hill expects the sale to attract not just restaurateurs but patrons who dined at Charley’s Crab over the years and want to take home a memory.

“Some people could be interested in the paintings,” he said, “because it’s something that has been around for a long time.”

Owned and operated by Landry’s Inc., Charley’s Crab leased space in the building, which had housed a restaurant since it was built in the 1920s. It was the longtime home of Wert’s Restaurant and, later, an establishment named Willoughby’s. Charley’s Crab opened in 1980, serving seafood and steaks in an upscale atmosphere. The restaurant was started by the late Chuck Muer.

RELATED: Read more Palm Beach real estate news

The Frisbie Group is expected to present a proposal for its townhouse development at the July 25 meeting of the Architectural Commission. The company’s purchase of the 1.2-acre restaurant property included an adjacent vacant lot on Gulfstream Road. It was sold by descendents of the late Sylvia Kaplan and her late husband, Harold Kaplan Sr., a business associate of Muer.

About a year ago, the contents of the old Testa’s Restaurant were sold at auction before the Frisbie Group demolished its 1940s-era buildings on Royal Poinciana Way to make way for a new mixed-use development. Developed in partnership with The Breakers, the Royal Poinciana Palm Beach development will include restaurant and retail space along with several luxury condominiums.

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