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Well established business AND real estate for sale. Under continuous operation by the same owner since 1995,this wonderful bistro on 1.6 acres,is located on the inbound lane of Oxford,Maryland,just before the headwaters of Town Creek. Latitude 38 is the perfect destination spot for lunch,dinner,or a lazy Sunday brunch. This restaurant is one of the only eateries that stays open year-round and is a local hotspot in Talbot County with an AADT of 3000. Its cuisine has traditionally been American fare,and the menu changes every two weeks,so there's always a new dining experience. This bistro offers two very large dining rooms,seating 120 patrons,with white linen and candlelight service along with a cozy fireplace for those chilly winter nights. For the more casual guest,there is a very large bar area. For the savvy restaurateur,this establishment is completely turn-key with all FF&E and is ready for operation from the day you open your doors. The kitchen is supplied with all food prep cookware and utensils,on-demand hot water,24” grill,Advantco 48” worktop freezer,Ansul stainless hood,owned dish machine,slicer,mounted can opener,4 stainless prep counters,10-burner Vulcan range with dual ovens,large and small chest freezers,Vulcan steamer,huge walk-in,very large chef's box,Royal convection oven,2-quart ice cream maker,a 2-basket deep fryer,2 microwaves,2 heat lamps,dual sinks,bottle cooler,and more. For dining and bar seating,this bistro is outfitted with 28 dining tables and 101 chairs,22 bar seats with 7 additional wooden side stools,9 outdoor patio tables and chair sets,firepit,4 commercial grade outdoor heaters with backup tanks,3-tap draft beer box,full catering serving trays,food warmers,cutting boards,utensils,platters etc. Complete dinner settings for 150,included. There are two ADA compliant restrooms,two televisions,three Toast POS stations,security cameras,window treatments,stereo,office desk,chair,and filing cabinets. While the displayed (very popular) artwork is not owned and is sold on consignment,it may remain but is not included in the sale. The owner's personal computer does not convey,and the soda and coffee machines are not owned by the seller. The linens do not convey. There is a current full fare liquor license that can be transferred to the new owner. P&L statement can be provided to a prospective buyer with a signed NDA. If you've been considering opening your own restaurant or expanding your operation to a new locale,this could be the opportunity you've been waiting for. You may purchase the business operation and establish a lease with the seller,or you may purchase the business and real estate. (Because this is an operating business,showings are limited to Sunday evenings after the brunch hours,on Mondays,or before the lunch hour begins on all other days.) You do have the opportunity to purchase the business (without the Real Estate) and enter into a long term lease if you desire.

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Listed by BILL LUCKS and Thomas Schoenbeck of Keller Williams Realty Delmarva

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rosendale Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 19, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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