← TWIN PEAKS MB200069344
Active - Renewal Pending

Twin Peaks

13740 RACEWAY DR, Northlake, TX 76262 · Denton County
Latest receipts
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Trailing 12
$1.91M
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All-time peak
$251K
May 2025
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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 Northlake
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In ZIP 76262
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In Denton County
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Statewide
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2024
License issued
Aug 2024
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: Twin Peaks
City: Northlake, TX · Denton County
Address: 13740 Raceway Dr, TX 76262
TABC permit number: MB200069344
Owner / operator: Twin Restaurant Northlake Beverage Holding, LLC
Trailing 12-month mixed beverage receipts: $1,909,933
Estimated business value: $842,502 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Twin Peaks in Northlake posts strong monthly sales

Twin Peaks, located at 13740 Raceway Dr, earned an average of $164,225 per month over the past year. That revenue is well above the typical monthly earnings of Texas bars in Northlake, indicating a strong market position. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$300K
2.25× EBITDA
Mid (14% margin)Likely
$843K
3.0× EBITDA
High (32% margin)
$2.2M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $1,909,933, 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

TWIN PEAKS is a Mixed Beverage located in NORTHLAKE, Texas. Its average monthly sales over the last 10 months were $190,993. Its highest-grossing month in that period was October 2025 with $239,476 in sales. Sales have decreased by 24% compared to earlier in the period. Its sales mix is approximately 38% liquor, 61% beer, and 1% wine. The establishment currently holds an Active - Renewal Pending TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 76262 performance

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Location

13740 RACEWAY DR
NORTHLAKE, TX 76262
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License

Permit typeMixed Beverage
NumberMB200069344
Status ● Active - Renewal Pending
First filing2022-09-30
Renewed2024-08-26
Expires2026-09-19
Footprint 64,450 sf · free-standing building
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameTwin Peaks
Officers Clay C Mingus Secretary
Joseph W Hummel President
Sibling entities
6 other venues share an officer
Twin Peaks · San Angelo
via Joseph W Hummel (Secretary)
Twin Peaks · Live Oak
via Joseph W Hummel (Secretary)
Twin Peaks · Fort Worth
via Joseph W Hummel (Secretary)
Twin Peaks · San Angelo
via Joseph W Hummel (Secretary)
Twin Peaks · Fort Worth
via Joseph W Hummel (Secretary)
Twin Peaks Restaurant · Plano
via Joseph W Hummel (Secretary)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
6 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 2 months with $0 reported (avg baseline $190,993/mo)
  • Federal bankruptcy filing on file (1)
Sales-tax cross-check
Sales-tax filings $1,893,621 vs gross $1,909,933 over 10 overlapping months — filings match (gap 0.9%).
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Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-08-15 05:29

Federal court history

Public records
1 federal case
1 currently open
1 bankruptcy
Most recent filing
Twin Restaurant Northlake Beverage Holding, LLC <b><font color="red">Jointly Administered under 26-90126.</font></b>
TXSB · 2026-01-26 · OPEN
Public records, last checked 2026-05-29

Peer comparison

Northlake
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Location · TWIN PEAKS

13740 RACEWAY DR, NORTHLAKE, TX 76262

Heatmap · ZIP 76262

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

ZIP 76262 rankings

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