94th Liquid Assets

What 94th Liquid Assets does

Liquid Assets (dba 94th Liquid Assets / Liquid Assets Wine Bar & Bistro) is a privately held, owner-operated restaurant and package goods store founded in 1984 and headquartered at 9301 Coastal Highway, Ocean City, Maryland. The core offering is a full-service bistro featuring Wine Country Bistro cuisine, house-made charcuterie, and Chesapeake Bay seafood, paired with an integrated high-end package goods store under the same roof. A 10% store discount for dine-in guests ties the two concepts together as a single destination experience.

The company operates an off-premise catering division, L.A. on Location, which provides custom menus, professional staffing, and event logistics for weddings, corporate events, and private parties on the Eastern Shore. Adjacent offerings include Party Platters (pre-packaged catering with 7-day notice), Short Notice Catering (5-hour minimum fulfillment), physical and e-gift cards, third-party delivery via DoorDash, and direct online ordering via ChowNow. Beverage is a centerpiece: the program includes a 40+ year curated wine list and a rare bourbon/whiskey collection spanning Pappy Van Winkle and Buffalo Trace Antique verticals, supported by a proprietary Single Barrel picks program.

Revenue is generated across six streams: dine-in restaurant service, package goods retail, custom catering (professional services model), party platters, gift card sales, and third-party delivery. The company serves tourists and vacationers, local Eastern Shore residents, corporate clients, and wedding hosts through a hybrid direct-to-consumer and direct-sales GTM, with no reservations policy driving walk-in traffic and an integrated liquor discount driving cross-sell. Sister restaurants under common ownership include Our Harvest (Fenwick Island, DE) and a three-concept complex on 64th Street in Ocean City (Annabelle's BBQ, Barrio Taco, Border Bar), but these are not formally consolidated subsidiaries.

Name

94th Liquid Assets

Legal name

Liquid Assets

Website

https://la94.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Liquid Assets is a privately held wine bar and bistro in Ocean City, Maryland, operating since 1984 with an integrated high-end package goods store and an off-premise catering division (L.A. on Location) serving tourists, local residents, and event clients on the Eastern Shore.

Ownership category

akta.pro rank

Product category

Wine Bar & Bistro Restaurant

NAICS

Drinking Places (Alcoholic Beverages) (7224), Full-Service Restaurants (722511), Beer, Wine, and Liquor Retailers (4453)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro industry

PRIMARYTHAFAEAF

Wine Bars

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Bars, Pubs & Nightlife Venues

SECONDARYTHAFACAE

Steakhouses & Seafood Restaurants

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Full-Service Restaurants (Casual & Fine Dining)

SECONDARYCRANABAF

Alcohol Subscription & Wine Clubs (Retail)

Consumer Products & Retail/Tobacco, Alcohol & Cannabis Retail/Beer, Wine & Spirits Specialty Retail

SECONDARYHSACAGAF

Bar & Beverage Catering (Mobile Bar, Bartending)

Home & Personal Services/Event & Personal Concierge Services/Catering Coordination & Food Service (Non-restaurant)

Keywords

• Wine bar bistro
• Off-premise catering
• Specialty whiskey program
• Farm-to-table restaurant
• Package goods store

Headquarters

HQ city

Ocean City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Dine-in Restaurant Service: Full-service bistro withWine Country Bistro cuisine, steaks, seafood, and charcuterie boards. No reservations - first-come, first-served seating.
2. Package Goods/Liquor Store: High-end package goods store integrated with the restaurant. Customers who dine in receive 10% discount on store purchases.
3. LA on Location Catering: Off-premise catering service for weddings, corporate events, private parties. Fully customizable menus with professional staffing.
4. Party Platters: Pre-designed catering packages for pickup or delivery, featuring restaurant favorites packaged for easy serving.
5. Gift Cards: E-gift cards and physical gift cards available in $10-$100 denominations.
6. Third-party Delivery: DoorDash delivery service for local Ocean City, MD delivery.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

94th Liquid Assets operates a full-service wine bar and bistro in Ocean City, Maryland offering wine country bistro cuisine (steaks, seafood, charcuterie) with farm-fresh, locally sourced ingredients, paired with an extensive wine and rare bourbon/whiskey program. The on-site restaurant is integrated with a high-end package goods store, and is supplemented by an off-premise catering service (L.A. on Location), party platters, short-notice catering, and gift cards.

Product overview

94th Liquid Assets operates a single-location restaurant concept combining a full-service wine bar and bistro with an integrated high-end package goods store. The core offering is Liquid Assets Wine Bar & Bistro, complemented by L.A. on Location (off-premise catering service), a Whiskey Program (premium bourbon and whiskey menu), Party Platters (pre-packaged catering options), Short Notice Catering (last-minute catering), and Gift Cards (physical and electronic). The restaurant emphasizes farm-to-table cuisine with extensive wine and whiskey selections.

Differentiator

Problem solved

Functional benefit

Brands

• L.A. on Location: Off-premise catering service providing custom catering for weddings, corporate events, private parties, and party platters.

Products and services

• Liquid Assets Wine Bar & Bistro Full-service bistro and whiskey bar integrated with a high-end package goods store, featuring wine country bistro cuisine with farm-fresh, scratch-made ingredients. Located at 9301 Coastal Highway, Ocean City, MD.
• L.A. on Location Catering Off-premise catering service providing custom event catering for weddings, corporate events, and private parties. Offers 100% custom-designed events with professional staff, china, silver, linens, tables and chairs.
• Liquid Assets Whiskey Program Extensive whiskey and bourbon collection featuring rare pours including full Pappy Van Winkle vertical, Buffalo Trace Antique Collection, Willett Purple Tops, and custom single barrel picks.
• Party Platters Pre-packaged catering menu featuring restaurant favorites for quick pickup or delivery, including salads, sandwiches, lunch/dinner entrees, sides, and desserts designed for social, family, or corporate gatherings.
• Short Notice Catering Last-minute catering service offering restaurant-quality food ready in as little as 5 hours, featuring appetizers, salads, sandwiches, entrees, sides, and sweets packaged for stress-free entertaining.
• Gift Cards Physical and electronic gift certificates available in denominations from $10 to $100, valid for dining at Liquid Assets restaurant.
• EGift Card Digital gift certificate option for purchasing online, redeemable for dinner for two at Liquid Assets.

Quantifiable outcome

• Named 4th Best Burger in America by Condé Nast Traveler
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Our HarvestminorOthersFarm-to-table restaurant opened in Fenwick Island, DE nine years ago. Specializes in large-format entrees for sharing (Feasts), tapas-style dishes, and wood-fired flatbreads. Sister restaurant under same ownership group.
• Annabelle's BBQminorOthersBBQ and southern fare restaurant located at 64th Street in Ocean City, MD. Part of three-restaurant complex.
• Barrio TacominorOthersAuthentic Mexican cuisine restaurant at 64th Street in Ocean City, MD. Part of three-restaurant complex.
• Border BarminorOthersRestaurant situated between Annabelle's BBQ and Barrio Taco at 64th Street location. Offers dishes from both menus plus extensive bourbon and tequila selection. Features 'Adult Recess' happy hour with 50% off premium spirits.
• LA on LocationcoreOthersOff-premise catering division of Liquid Assets. Premier caterer serving Eastern Shore. Provides fully customized events with professional staffing. Ribbon cutting unveiled May 2015.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Crabdaddy of OC: Independent Ocean City catering and seafood restaurant operator. Comparable on the off-premise catering and local Eastern Shore event market that LA on Location competes in.
• OC Seafood & Steaks (Fager's Island): Iconic Ocean City, MD seafood and steakhouse destination on the bay. Direct local competitor for tourist fine-dining occasions with comparable premium pricing and bayfront positioning in the same primary market.
• Harpoon Hannie's Restaurant: Long-running independent Ocean City, MD waterfront restaurant serving steaks and seafood. Most direct local competitor on the upscale-casual beach town dining experience, with overlapping tourist customer base and similar menu mix.
• Fish Tales Restaurant: Independent Ocean City, MD seafood and steak restaurant serving the same Eastern Shore tourist and local customer base. Comparable on casual upscale beach dining and local market positioning in Ocean City.

Broad incumbents

• The Capital Grille: National upscale steakhouse chain with award-winning wine program serving 400+ labels. Comparable to Liquid Assets on the steakhouse and curated-wine dimensions, but operates at much larger scale and does not specialize in rare whiskey or combine a restaurant with a package goods store.
• Fleming's Prime Steakhouse & Wine Bar: National steakhouse chain explicitly branded as 'steakhouse and wine bar' with a 100-label wine program. Most directly comparable on the wine bar + steakhouse combination that defines Liquid Assets' positioning, though at broader geographic scale.
• Bonefish Grill: Casual upscale seafood-focused chain with regional Mid-Atlantic presence. Comparable on the seafood-forward menu and 'Wine Country Bistro'-style positioning, though at much larger scale and without a retail liquor store.
• Ruth's Chris Steak House: Iconic upscale steakhouse chain known for premium beef and an extensive wine list. Comparable on the high-end steak and wine positioning that anchors Liquid Assets' menu, though it does not combine dining with a package goods store.

Emerging players

• Whiskey Kitchen (Raleigh, NC): Whiskey-focused American restaurant known for an extensive bourbon program and modern American cuisine. Comparable on the rare-whiskey collection and bistro-style positioning, though operating as a standalone rather than with an integrated package goods store.
• Jack Rose Dining Saloon: New Orleans whiskey bar and restaurant recognized for one of the largest American whiskey collections in the U.S. Most directly comparable on the rare-whiskey destination positioning that differentiates Liquid Assets in the Delmarva region.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/94th-liquid-assets

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 94th Liquid Assets