Suspended BLUE · Bar Since 2019

The Bar & Grill

2150 WALDRON RD, Corpus Christi, TX 78418 · Nueces County
Latest receipts
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Trailing 12
$246K
…
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All-time peak
$51K
Aug 2020
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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 Corpus Christi
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In ZIP 78418
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In Nueces County
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Statewide
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2025
License issued
Oct 2025
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: The Bar & Grill
City: Corpus Christi, TX · Nueces County
Address: 2150 Waldron Rd, TX 78418
TABC permit number: MB1068127
Owner / operator: Gb&l Eatery, LLC
Trailing 12-month mixed beverage receipts: $245,638
Estimated business value: $180,305 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Bar & Grill reported $22.5K in June 2026.

Trailing-12 receipts: $246K (+47.6% YoY, 0.0% MoM). Clean compliance record. Located in Corpus Christi. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$111K
2.25× EBITDA
Mid (14% margin)Likely
$180K
3.0× EBITDA
High (32% margin)
$357K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $245,638, 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

THE BAR & GRILL is a Mixed Beverage located in CORPUS CHRISTI, Texas. In June 2026, it reported $22,464 in total mixed beverage sales. Its average monthly sales over the last 12 months were $20,470. Sales have increased by 55% compared to earlier in the period. Its sales mix is approximately 66% liquor, 29% beer, and 5% wine. The establishment currently holds an Suspended TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 78418 performance

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Location

2150 WALDRON RD
CORPUS CHRISTI, TX 78418
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License

Permit typeMixed Beverage
NumberMB1068127
Status ● Suspended
First filing2019-11-30
Renewed2025-10-10
In business since 2019
Expires2027-10-02
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers David Lee Director
David Lee Member
Elias Garza Iv Director
Elias Garza Iv Member
Sibling entities
9 other venues share an officer
Mudbugs Cajun Icehouse · Corpus Christi
via Elias Garza Iv (Member)
Rock & Rolls Sushi Lounge · Corpus Christi
via David Lee (Member)
Nori Handroll Bar · Dallas
via David Lee (Director)
1850 Bar And Grill · Cedar Park
via David Lee (Member)
Nori Handroll Bar · Dallas
via David Lee (Director)
1850 Bar And Grill · Cedar Park
via David Lee (Member)
Kabuki Japanese Restaurant · Dallas
via David Lee (President)
Mudbugs Cajun Icehouse · Corpus Christi
via Elias Garza Iv (Member)
Rock & Rolls Sushi Lounge · Corpus Christi
via David Lee (Member)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
5 factors flagged
  • 8 months with identical/near-identical totals
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • Sales-tax filings ~64% below gross mixed-beverage filings (7/12 months flagged) — TX Comptroller cross-check anomaly
Sales-tax cross-check · flagged
Sales-tax filings $88,393 vs gross $245,638 over 12 overlapping months — gap of 64.0% (expected ~0%).
7/12 months below 85% ratio.
View methodology →

Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-20 06:34

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

Corpus Christi
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Location · THE BAR & GRILL

2150 WALDRON RD, CORPUS CHRISTI, TX 78418

Heatmap · ZIP 78418

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

ZIP 78418 rankings

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