1. EXECUTIVE OVERVIEW
• Type: Restaurant | Event Venue | Bar | Catering
• Building: ±7,000 SF on ±3.84 Acres
• Year Opened: 1983 (Former Schoolhouse)
• Liquor Licenses:
o Class B (On-Sale) Beer/Wine/Liquor
o Class A (Off-Sale) Beer
o Class B Caterer’s License
• Parking: 300 Spaces
• Seating Capacity: Indoor 299 | Outdoor 100+
• Waterfront Location: There is 88 feet of frontage on Tar Bay along with a 150’ dock
• Licenses: Maryland Lottery, Keno, On-Premise & Off-Premise Liquor License, Catering License
• Staff: 18–20 Employees
• Included: FF&E, Catering Van, Liquor Licenses, Real Estate

2. LOCATION HIGHLIGHTS
Hoopers Island | Dorchester County | Maryland Eastern Shore
• Destination Waterfront Area: Popular with tourists, day-trippers, anglers, and boaters
• Growing Airbnb Presence: Ideal for tourism-driven hospitality businesses
• Nearby: Boat ramps, artist studios, seafood processors, Blackwater NWR
• Low Regulation Zone: Taylor’s Island permits business flexibility
• Events & Traffic Drivers: Bus tours, weddings, poker runs, live music, PBR events, Airbnb’s nearby, outdoor tourism, boating
• Access: ±2 hours from DC, Baltimore, and Annapolis
• One-of-a-Kind Location: Old Salty’s is one of the only full-service restaurants with event space on the island—making it a natural anchor for weddings, reunions, and waterfront entertainment.
• Limited Competition, High Demand: With minimal surrounding commercial development and no similar venues nearby, Old Salty’s dominates the local dining and event market.
• Growing Local Economy: Dorchester County is investing in tourism and infrastructure, bringing more visitors to the region, and supporting rural business growth through economic development programs.

3. PROPERTY FEATURES
INDOOR DINING & BAR AREAS
• Horseshoe Bar (Seats 20) | 8-Beer Kegerator | 6 TVs
• “Boat Bar’ Seats 10 | 3-Beer Tap System | High-Top Seating
• Garage Door Opens to Patio | Great Breeze & Natural Light
• Private Dining Room (Seats 50) Off Bar
• Two Restrooms | Sound & Security System | Handicap Ramp
• Maryland Lottery & Keno License
OUTDOOR TIKI BAR
• Waterfront Bar (Seats 7) | 7-Beer Kegerator
• Multiple Picnic Tables | Sand Pit | Bonfire Ring | Music Stage
• Space for Games & Cornhole | Scenic Chesapeake Bay Views
•
EVENT HALL
• Large Open Space (Former Gymnasium) Approx. 3500 sf| High Ceilings | Natural Light
• Full Stage | Multiple Exits | Seats 100+
• Popular for weddings, graduations, company events

4. COMMERCIAL KITCHEN
• 24 ft Grease Hood
• Flat Top Grill | Char Grill | Steamer | Mixer
• 6-Burner Stove w/Oven | 3 Fryers (2-Basket)
• Two 2-Door Reach-In Refrigerators
• Two Single-Door Refrigerators
• 2-Door Freezer | All Stainless Steel
• Well & Septic | No Sprinkler (Grandfathered)
• There are four 120-gallon propane tanks along with a 1,000-gallon propane tank for fuel

5. INVESTMENT HIGHLIGHTS
1. Amazing Location
Beautiful large, waterfront lot on a tributary leading to the Chesapeake Bay
2. Proven Legacy, Strong Cash Flow
A 42-year operation with brand recognition, deep local ties, and consistent revenue across dining, bar service, catering, and private events.
3. Full Ownership – Business + Land
Includes real estate, eliminating lease risk. Permits full control, property appreciation, and long-term scalability.
4. Multi-Revenue Model with Upside
Year-round indoor dining, outdoor tiki bar, event venue, off-site catering to major cities (Annapolis & beyond), lottery, packaged beer sales.