Established in 2012. I'm on Island Time and It's five o'clock somewhere may have been thoughts going through Bobby Graves' mind when he was planning to open Island Time Daiquiri Bar in Orange Beach. Located at The Wharf, Island Time is the areas only full service daiquiri bar. Island Time features nine "New Orleans Style" daiquiri machines sporting a variety of amazing flavors. In addition to the frozen concoctions, Island Time keeps the traditional bar patrons in mind with many beer choices in bottle and on tap as well as a full stock of liquor.