← TGI FRIDAYS #302 MB896141
Surrendered BLUE · Bar Since 2015

Tgi Fridays #302

5217 S PADRE ISLAND DR, Corpus Christi, TX 78411 · Nueces County
Latest receipts
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Trailing 12
$370K
…
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All-time peak
$149K
Apr 2016
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Liquor split
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Per open day
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est. 30 days
Click vs category avg

How they stack up

In Corpus Christi
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In ZIP 78411
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In Nueces County
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Statewide
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2023
License issued
Jan 2023
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: Tgi Fridays #302
City: Corpus Christi, TX · Nueces County
Address: 5217 S Padre Island Dr, TX 78411
TABC permit number: MB896141
Owner / operator: Tgi Friday's of Texas LLC
Trailing 12-month mixed beverage receipts: $370,301
Estimated business value: $228,673 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Tgi Fridays #302 reported $5.8K in January 2024.

Trailing-12 receipts: $370K (-83.5% YoY, -80.5% MoM). Clean compliance record. Located in Corpus Christi.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$123K
2.25× EBITDA
Mid (14% margin)Likely
$229K
3.0× EBITDA
High (32% margin)
$495K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $370,301, 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

TGI FRIDAYS #302 is a Mixed Beverage located in CORPUS CHRISTI, Texas. In January 2024, it reported $5,832 in total mixed beverage sales. Its average monthly sales over the last 12 months were $30,858. Its highest-grossing month in that period was March 2023 with $53,416 in sales. Sales have decreased by 54% compared to earlier in the period. Its sales mix is approximately 70% liquor, 27% beer, and 3% 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 78411 performance

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Location

5217 S PADRE ISLAND DR
CORPUS CHRISTI, TX 78411
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License

Permit typeMixed Beverage
NumberMB896141
Status ● Surrendered
First filing2015-02-28
Renewed2023-01-30
In business since 2015
Expires2025-01-26
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameT.G.I. FRIDAY'S #302
Owner Tgi Friday's of Texas LLC Company →
Officers Duncan Davis Officer
Jennifer Rote Officer
Sibling entities
10 other venues share an officer
Tgi Friday'S · Arlington
via Jennifer Rote (Director)
Tgi Friday'S · Dallas
via Jennifer Rote (Director)
Tgi Friday'S · Arlington
via Jennifer Rote (Director)
Tgi Friday'S #302 · Corpus Christi
via Jennifer Rote (Director)
Tgi Friday'S · Keller
via Jennifer Rote (Director)
T.G.I. Friday'S · Cedar Hill
via Jennifer Rote (Director)
T.G.I. Friday'S · San Antonio
via Jennifer Rote (Director)
T.G.I. Friday'S · Austin
via Jennifer Rote (Director)
T.G.I. Friday'S · Burleson
via Jennifer Rote (Director)
T.G.I. Friday'S · Round Rock
via Jennifer Rote (Director)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Operator portfolio

TX state retail-permit registry
Outlets statewide 21 (0 active, 21 closed) across 18 cities
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 8 sample outlets
TGI FRIDAY'S OF TEXAS LLC · Carrollton · closed Feb 2025
NAICS 722511
TGI FRIDAYS #567 · Arlington · closed Feb 2025
NAICS 722511
TGI FRIDAYS #570 · Garland · closed Feb 2025
NAICS 722511
TGI FRIDAYS #571 · Cedar Hill · closed Feb 2025
NAICS 722511
TGI FRIDAYS #574 · Austin · closed Feb 2025
NAICS 722511
TGI FRIDAYS #575 · Burleson · closed Feb 2025
NAICS 722511
TGI FRIDAY'S OF TEXAS LLC · Webster · closed Feb 2025
NAICS 722511
TGI FRIDAY'S · Humble · closed Feb 2025
NAICS 722511
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

M
MEDIUM
1 factor flagged
  • Revenue collapsed to 17% of historical average ($5,832 vs $33,462/mo avg)
Sales-tax cross-check
Sales-tax filings $370,317 vs gross $370,301 over 12 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

Corpus Christi
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Location · TGI FRIDAYS #302

5217 S PADRE ISLAND DR, CORPUS CHRISTI, TX 78411

Heatmap · ZIP 78411

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

ZIP 78411 rankings

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