Description

This Award-winning family style restaurant and dock bar featuring delicious fare from land and sea has one of the best locations in the state and on the Chesapeake Bay. You will be hard pressed to find fresher seafood anywhere on the Eastern seaboard all made on site from its scratch kitchen.
This Waterfront Restaurant, with its’ one-of-a-kind property, offers inside or outside dining overlooking the water with far off vistas of Maryland’s Eastern Bay and St Michaels while offering a close-up view of local workboats and pleasure craft passing right in front of the facility. Designed originally as an open-air facility, the outside area of the restaurant offers a huge outdoor deck and two-level patio overlooking the water and has 275 seats all equipped with umbrellas for each table. Moreover, the waterside has a wraparound dock that has 16 large slips complete with electric and water and a smaller floating dock for dinghy’s available for transient boaters & diners. As an added bonus, should customers arrive by boat and not want to head back out after their meal, they can stay in a slip overnight for free if they dine at the restaurant. From inside, where there are 200 seats, open the bar and main dining room to the to the outdoor rear deck and covered 4 season glass enclosed porch that overlooks the water. The 2-acre property comes with a state-of-the-art restaurant, adding up to approximately 6,500 square feet of conditioned space. The property also includes a ready for development separate lot on the water. The lot could be developed as a catering facility (previously approved building plans are on hand), crab deck with a separate bar, condominiums or a hotel (and any combination thereof).
The restaurant has a bar/lounge area inside that has stools at the bar with a unique accordion window system that opens fully to the outside so patrons can sit outdoors and still get served from the inside bar. The inside bar also has a number of high and low tables and chairs that allow for a wonderful view of the water. The multi-tap beer tower is a nice addition to the area. An extended window line provides a fantastic water view of the Bay.
The fully equipped and recently rebuilt two area commercial kitchen is complete with an extended hood overtop the open kitchen cooking line. The back prep area is fully equipped with its own prep tables, cooking area and its own separate hood system. The kitchen and back area also have walk-in freezers & refrigerators, large prep kitchen and two additional custom outdoor large walk ins for vegetables and seafood., and much more. The current seasonal menu includes many unique items and fresh seafood with extraordinary sauces and toppings, salads & soups.
Again, the building was extensively renovated in 2020, which included a major renovation to the kitchen (walk-in, floors, equipment, etc.) the addition of a major HVAC upgrade adding a UV air purification system and air flow improvements. The building also has radiant heat embedded in the floor and central air conditioning.
In summary, the building is designed utilizing an open layout. It features three dining areas, kitchen, bar, and reception area all in one open room. In addition, there is a food prep area, office, dishwashing area, vestibule, two patron bathrooms, a pantry, as well as an employee bathroom. There is a full, 7-day liquor license. Paved parking surrounds the building. Movable, upright propane gas, patio heaters are used to extend the outside dining season. All told the restaurant can seat approximately 475 patrons (inside & out) during seasonal months. The zoning for this property is very wide and permitted uses include Hotels & Motels. Property is served by public water, sewer, electric. A conservative “for use by bank” property appraisal was completed about a year and half ago which came in at approximately $8 Million. Sales in 2021 were $5.85 Million with an SDE of $1.325 Million and they are on track in 2022 to do over $7 million in sales with a projected SDE over $1.8 Million.
Buyers must provide proof of funds before marketing materials are sent.

Address

  • State/county Maryland

Details

Updated on May 2, 2022 at 7:13 pm
  • Property Size: 6500 Sq Ft
  • Property Type: All Restaurants for Sale and Lease, Liquor License, Property For Sale, Restaurants For Sale
  • Property Status: For Sale, New Listing

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Jim McGinnis
  • Jim McGinnis

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Jim McGinnis
  • Jim McGinnis