Last Drop Taverns

508 S ELM ST STE 101, Denton, TX 76201 · Denton County
Latest receipts
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Trailing 12
$254K
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All-time peak
$37K
Aug 2014
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Denton
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In ZIP 76201
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In Denton County
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Statewide
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Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Last Drop Taverns
City: Denton, TX · Denton County
Address: 508 S Elm St Ste 101, TX 76201
TABC permit number: N 847712
Owner / operator: Ldt Private Club INC.
Trailing 12-month mixed beverage receipts: $253,817
Estimated business value: $183,479 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Last Drop Taverns reported $36.9K in August 2014.

Trailing-12 receipts: $254K (+274.2% YoY, 0.0% MoM). Clean compliance record. Located in Denton.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$111K
2.25× EBITDA
Mid (14% margin)Likely
$183K
3.0× EBITDA
High (32% margin)
$366K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $253,817, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

LAST DROP TAVERNS is a Private Club located in DENTON, Texas. In August 2014, it reported $36,930 in total mixed beverage sales. Its average monthly sales over the last 12 months were $21,151. Its highest-grossing month in that period was August 2014 with $36,930 in sales. Sales have increased by 122% compared to earlier in the period. Its sales mix is approximately 45% liquor, 53% beer, and 3% wine. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

ZIP 76201 performance

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Location

508 S ELM ST STE 101
DENTON, TX 76201
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License

Permit typePrivate Club
NumberN 847712
First filing2013-08-31
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers Richard Reid Jr Registered Agent

Audit risk

M
MEDIUM
4 factors flagged
  • 1 month with identical/near-identical totals
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
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Peer comparison

Denton
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Location · LAST DROP TAVERNS

508 S ELM ST STE 101, DENTON, TX 76201

Heatmap · ZIP 76201

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 76201 rankings

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