The Hobbit Restaurant
The Hobbit Restaurant is a family-owned, single-location fine dining restaurant in Ocean City, Maryland, operating since 1977. It serves inventive American cuisine and a themed cocktail program with panoramic bay views to special-occasion diners, tourists, and private event guests.
- Company typePrivate
- Founded1977
- HeadquartersOcean City, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
The Hobbit Restaurant firmographics
Firmographics- Name
- The Hobbit Restaurant
- Legal name
- The Hobbit Restaurant
- Website
- https://thehobbitrestaurant.com
- Company type
- Private
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Hobbit Restaurant is a family-owned, single-location fine dining restaurant in Ocean City, Maryland, operating since 1977. It serves inventive American cuisine and a themed cocktail program with panoramic bay views to special-occasion diners, tourists, and private event guests.
- Ownership category
- akta.pro rank
The Hobbit Restaurant industry classification
Industry- Product category
- Fine Dining Restaurant
- NAICS
- Full-Service Restaurants (722511)
- SIC
- Retail-Eating Places (5812)
- akta.pro industry
- Fine Dining RestaurantsTravel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Full-Service Restaurants (Casual & Fine Dining)Steakhouses & Seafood RestaurantsTravel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Full-Service Restaurants (Casual & Fine Dining)
Keywords
Where The Hobbit Restaurant is headquartered
LocationHeadquarters
- HQ city
- Ocean City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Hobbit Restaurant business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Dine-in Restaurant Service: Full-service fine dining restaurant with dinner service 7 days a week. Revenue generated from appetizers, entrees, desserts, and beverages ordered by guests at tables and bar.
- Bar and Cocktail Service: Wrap-around bar with 15 seats offering cocktails, wine, beer, and light bar menu fare. Cocktails priced $15-$18, wines by the glass from $10-$470.
- Private Events and Parties: Hosts private parties, bachelor/bachelorette dinners, and wedding receptions. Revenue from event catering and venue rental.
- Gift Cards: Digital gift cards sold through Toast Tab platform for use at restaurant.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Dinner Entrees |
| Unit Pricing | Pay-as-you-go | Appetizers |
| Unit Pricing | Pay-as-you-go | Bar Menu Items |
| Unit Pricing | Pay-as-you-go | Cocktails |
| Unit Pricing | Pay-as-you-go | Wine by Glass |
| Unit Pricing | Pay-as-you-go | Desserts |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
The Hobbit Restaurant product offering
Product offeringCore offering
The Hobbit Restaurant is a single-location fine dining establishment in Ocean City, Maryland, serving inventive American cuisine and fresh seafood for dinner 7 days a week, with a 15-seat wrap-around bar offering handcrafted cocktails and lighter fare, plus private event hosting for celebrations. The waterfront bayside location provides panoramic sunset views from every table and operates exclusively as a dine-in venue with no delivery or takeout service.
Product overview
The Hobbit Restaurant is a single-location fine dining establishment offering a unified dining experience. The core product is its dinner service featuring inventive American cuisine and seafood with bay views. Supporting offerings include a bar menu with lighter fare, an extensive cocktails and wine program with Hobbit-themed drinks, private event hosting, and reservation services. Notable signature items include Mary's Delight dessert (45+ years) and Veal Pistachio entrée. The restaurant operates as a single restaurant brand without a platform or modular architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Dinner Menu Full fine dining dinner menu featuring appetizers, soups, salads, and entrees including crabcakes, steaks, seafood, and vegetarian options. Notable dishes include Seared Scallops with mushroom veloute sauce, Filet Mignon prepared three ways (Simply Grilled, Blackened with Boursin, Stuffed with Crab Imperial), and Lobster Mac & Cheese. Served seven days a week.
- Bar Menu Lighter fare served at the wrap-around bar with bay views, including Shrimp Burger ($20), Hobbit Chicken Sandwich ($17), French Dip ($17), B.A.T. sandwich ($19), and Steak Salad ($21), all served with fries and fresh ingredients from Crack of Dawn Bakery.
- Cocktails and Wine Menu Extensive cocktail program with themed drinks referencing The Hobbit (Shire Spritz $16, Legolas's Lemon Basil Libation $15, Peach Blossom Cosmo $18, Smaug's Spicy Margarita) and a curated wine selection spanning sparkling wines, white wines, and red wines from Napa Valley, Burgundy, and France. Cocktails priced $15-$18, wines by the glass from $10-$22, full bottles up to $470.
- Private Events and Large Parties Event hosting services including private parties, bachelor/bachelorette dinners, and wedding receptions. The restaurant accommodates parties through inquiry forms on the website and coordinates directly with guests to plan occasions.
- Gift Cards Digital gift cards sold through the Toast Tab platform for use at the restaurant, available for purchase online.
- Mary's Delight (Signature Dessert) House specialty dessert for over 45 years featuring a crushed walnut crust, layer of sweetened cream cheese, chocolate pudding, and homemade whipped cream with chocolate shavings.
Quantifiable outcome
- Described as 'the best restaurant in Ocean City, MD' by repeat customers
- +2 more outcomes
Companies that use The Hobbit Restaurant
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
The Hobbit Restaurant technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Hobbit Restaurant partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Crack of Dawn Bakery (Berlin, MD)minorLocal artisan bakery supplying freshly baked brioche buns and sub rolls for bar menu items including Shrimp Burger and Hobbit Chicken Sandwich. Relationship supports quality ingredients sourcing.
Scale indicators3 records
Recent moves9 records
Expansion highlights3 records
The Hobbit Restaurant competitors and assessment
Company assessmentDirect peers
- The Coffin Studio (The Atlantic Hotel) - The Ocean Room: Upste Ocean City fine dining option inside a beachfront hotel, offering prix-fixe and à la carte seafood and steaks. Direct peer in the same market at a similar price tier and special-occasion positioning.
- Liquid Assets Wine Bar & Kitchen: Wine-forward small-plate dining destination in downtown Ocean City with curated wine list and creative American fare. Comparable on the bar-and-dinner, date-night, special-occasion positioning in the same market.
- Sunset Grille (OC): Ocean City waterfront restaurant centered on sunset views and seafood-leaning American cuisine. Direct geographic peer competing for the same dinner-and-cocktails occasion in the same destination market.
- Fager's Island: Iconic bayside upscale-casual restaurant in Ocean City, MD with sunset views, raw bar, sushi, and live entertainment. Closest direct comparable to The Hobbit on location, market, price-point overlap, and destination dining positioning.
Broad incumbents
- Capital Grille: Nationwide fine dining steak-and-seafood chain with deep wine list ($200+ bottles) and well-heeled special-occasion positioning. Comparable on fine-dining price points, wine-and-cocktail theater, and special-occasion branding.
- Legal Sea Foods: Established national seafood-focused full-service chain with destination restaurant locations. Comparable on the seafood-forward fine dining category, Maryland/Chesapeake provenance, and broad menu depth.
- Eddie V's Prime Seafood: National upscale seafood-and-steakhouse chain operating comparable tasting-quality American cuisine with extensive cocktail and wine programs. Comparable on fine-dining seafood-and-steakhouse category, premium cocktail program, and special-occasion positioning.
Regional players
- Rusty Nail Surf Cantina / The Black Marlin Bar & Grille (OC peers): Long-standing Ocean City bayside seafood-and-cocktail destinations serving tourists in the same bayside leisure corridor. Comparable as regional destination-dining peers; price tier typically sits below The Hobbit's fine-dining level.
- Harpoon Hanna's: Long-running waterfront Ocean City/Isle of Wight restaurant known for seafood and bay views. Comparable on regional market, seafood focus, and bayside ambience, though more casual than The Hobbit.
Emerging players
- Saltwater Grille: Waterfront Mid-Atlantic upscale dining concept emphasizing local seafood and bay/ocean views. Comparable niche peer in scenic Mid-Atlantic fine dining with seafood and cocktail focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
The Hobbit Restaurant social profiles
Digital presenceThe Hobbit Restaurant financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Hobbit Restaurant leadership team
Management profileNumber of profiles
Profiles1 record
The Hobbit Restaurant funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Hobbit Restaurant M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Hobbit Restaurant
What does The Hobbit Restaurant do?
The Hobbit Restaurant is a single-location fine dining establishment in Ocean City, Maryland, serving inventive American cuisine and fresh seafood for dinner 7 days a week, with a 15-seat wrap-around bar offering handcrafted cocktails and lighter fare, plus private event hosting for celebrations. The waterfront bayside location provides panoramic sunset views from every table and operates exclusively as a dine-in venue with no delivery or takeout service.
Is The Hobbit Restaurant a public or private company?
The Hobbit Restaurant is a private company. It is classified as family owned and is currently operating.
When was The Hobbit Restaurant founded?
The Hobbit Restaurant was founded in 1977. It employs 11 to 50 people.
Where is The Hobbit Restaurant based?
The Hobbit Restaurant is headquartered in Ocean City, United States, in the North America region.
How does The Hobbit Restaurant make money?
Four revenue lines are on record. Dine-in Restaurant Service is the primary driver. The others are bar and Cocktail Service, private Events and Parties and gift Cards.
Who are The Hobbit Restaurant's main competitors?
Direct peers on record are The Coffin Studio (The Atlantic Hotel) - The Ocean Room, Liquid Assets Wine Bar & Kitchen, Sunset Grille (OC) and Fager's Island. Broad incumbents are Capital Grille, Legal Sea Foods and Eddie V's Prime Seafood. Regional players are Rusty Nail Surf Cantina / The Black Marlin Bar & Grille (OC peers) and Harpoon Hanna's. Saltwater Grille is listed as an emerging player.
Does The Hobbit Restaurant have an API?
No public API is recorded for The Hobbit Restaurant.
What industry is The Hobbit Restaurant in?
The Hobbit Restaurant's product category is Fine Dining Restaurant. Its primary akta.pro industry code is THAFACAA, Fine Dining Restaurants, with a secondary code of THAFACAE, Steakhouses & Seafood Restaurants. Its NAICS code is 722511 and its SIC code is 5812.