← VELVET TACO MB200059944
Surrendered

Velvet Taco

10201 KATY FWY STE 100, Houston, TX 77024 · Harris County
Latest receipts
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Trailing 12
$143K
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All-time peak
$31K
Oct 2022
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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 Houston
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In ZIP 77024
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In Harris County
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Statewide
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2022
License issued
Jul 2022
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: Velvet Taco
City: Houston, TX · Harris County
Address: 10201 Katy Fwy Ste 100, TX 77024
TABC permit number: MB200059944
Owner / operator: Velvet Taco Memorial City, LLC
Trailing 12-month mixed beverage receipts: $142,830
Estimated business value: $140,417 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Velvet Taco reported $0 in April 2023.

Trailing-12 receipts: $143K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Houston.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$100K
2.25× EBITDA
Mid (14% margin)Likely
$140K
3.0× EBITDA
High (32% margin)
$243K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $142,830, 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

VELVET TACO is a Mixed Beverage located in HOUSTON, Texas. Its average monthly sales over the last 6 months were $23,805. Its highest-grossing month in that period was October 2022 with $30,733 in sales. Sales have decreased by 10% compared to earlier in the period. Its sales mix is approximately 89% liquor, 11% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

ZIP 77024 performance

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Location

10201 KATY FWY STE 100
HOUSTON, TX 77024
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License

Permit typeMixed Beverage
NumberMB200059944
Status ● Surrendered
First filing2022-07-31
Renewed2022-07-08
Expires2024-07-07
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameVelvet Taco
Officers Clayton Dover Ceo
Lee Evans Secretary
Sibling entities
6 other venues share an officer
Velvet Taco Montrose · Houston
via Lee Evans (Secretary)
Velvet Taco Uptown · Dallas
via Lee Evans (Secretary)
Velvet Taco · The Colony
via Lee Evans (Secretary)
Velvet Taco · Grapevine
via Lee Evans (Secretary)
Velvet Taco · Dallas
via Lee Evans (Secretary)
Velvet Taco · Houston
via Lee Evans (Secretary)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

M
MEDIUM
1 factor flagged
  • $0 filed in a month with avg baseline $23,302/mo
Sales-tax cross-check
Sales-tax filings $142,829 vs gross $142,830 over 6 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Houston
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Location · VELVET TACO

10201 KATY FWY STE 100, HOUSTON, TX 77024

Heatmap · ZIP 77024

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

ZIP 77024 rankings

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