Expired - Original Required BLUE · Bar Since 2009

Parrot Eyes Bar

929 HIGHWAY 332 W, Lake Jackson, TX 77566 · Brazoria County
Latest receipts
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Trailing 12
$18K
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All-time peak
$22K
Mar 2010
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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 Lake Jackson
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In ZIP 77566
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In Brazoria County
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Statewide
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2019
License issued
May 2019
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: Parrot Eyes Bar
City: Lake Jackson, TX · Brazoria County
Address: 929 Highway 332 W, TX 77566
TABC permit number: RM719310
Permit type: BAR (Bar)
Owner / operator: Lake Jackson Texas Hospitality Tws, LLC
Trailing 12-month mixed beverage receipts: $18,392
Estimated business value: $92,136 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Parrot Eyes Bar reported $0 in March 2020.

Trailing-12 receipts: $18.4K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Lake Jackson.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$87K
2.25× EBITDA
Mid (14% margin)Likely
$92K
3.0× EBITDA
High (32% margin)
$105K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $18,392, 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

PARROT EYES BAR is a Restaurant Mixed Beverage located in LAKE JACKSON, Texas. Its average monthly sales over the last 9 months were $2,044. Its highest-grossing month in that period was October 2019 with $3,039 in sales. Sales have decreased by 29% compared to earlier in the period. Its sales mix is approximately 54% liquor, 46% beer, and 0% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

ZIP 77566 performance

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Location

929 HIGHWAY 332 W
LAKE JACKSON, TX 77566
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License

Permit typeRestaurant Mixed Beverage
NumberRM719310
Status ● Expired - Original Required
First filing2009-04-30
Renewed2019-05-22
In business since 2009
Expires2021-04-12
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers Jigarkumar Patel Director
Jigarkumar Patel Manager
Sibling entities
1 other venue share an officer
Duck Pond Bar & Grill · Taylor
via Jigarkumar Patel (Member)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

M
MEDIUM
3 factors flagged
  • 1 month with identical/near-identical totals
  • Inconsistent liquor reporting pattern
  • Inconsistent beer reporting pattern
Sales-tax cross-check
Sales-tax filings $18,481 vs gross $18,392 over 9 overlapping months — sales filings exceed gross by 0.5%.
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Federal court history

Public records
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Peer comparison

Lake Jackson
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Location · PARROT EYES BAR

929 HIGHWAY 332 W, LAKE JACKSON, TX 77566

Heatmap · ZIP 77566

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

ZIP 77566 rankings

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