Surrendered BLUE · Bar Since 2005

Abuelo's Beverage Corporation

5733 STATE HIGHWAY 121, The Colony, TX 75056 · Denton County
Latest receipts
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Trailing 12
$335K
…
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All-time peak
$49K
Jun 2017
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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 The Colony
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In ZIP 75056
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In Denton 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: Abuelo's Beverage Corporation
City: The Colony, TX · Denton County
Address: 5733 State Highway 121, TX 75056
TABC permit number: RM612063
Permit type: BAR (Bar)
Owner / operator: Abuelo's Beverage Corporation
Trailing 12-month mixed beverage receipts: $335,022
Estimated business value: $214,985 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Abuelo'S Beverage Corporation reported $18.6K in October 2025.

Trailing-12 receipts: $335K (-29.5% YoY, -33.1% MoM). Clean compliance record. Located in The Colony.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$120K
2.25× EBITDA
Mid (14% margin)Likely
$215K
3.0× EBITDA
High (32% margin)
$456K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $335,022, 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

ABUELO'S BEVERAGE CORPORATION is a Restaurant Mixed Beverage located in THE COLONY, Texas. In October 2025, it reported $18,620 in total mixed beverage sales. Its average monthly sales over the last 12 months were $27,918. Its highest-grossing month in that period was March 2025 with $36,897 in sales. Sales have decreased by 17% compared to earlier in the period. Its sales mix is approximately 78% liquor, 16% beer, and 6% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 75056 performance

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Location

5733 STATE HIGHWAY 121
THE COLONY, TX 75056
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License

Permit typeRestaurant Mixed Beverage
NumberRM612063
Status ● Surrendered
First filing2007-02-28
Renewed2025-10-13
In business since 2005
Expires2027-10-19
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers James C Young Chief Exec
Kailee M Young Treasurer
Louis Herring Vice Presi
Robert Lin President
Sibling entities
1 other venue share an officer
Abuelo'S Urban Taqueria · Lubbock
via Robert Lin (Vice Presi)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Operator portfolio

TX state retail-permit registry
Outlets statewide 18 across 15 cities
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 8 sample outlets
ABUELO'S BEVERAGE CORPORATION · Amarillo
NAICS 722410
ABUELO'S BEVERAGE CORPORATION · Plano
NAICS 722410
ABUELO'S BEVERAGE CORPORATION · College Station
NAICS 722410
ABUELO'S BEVERAGE CORPORATION · Fort Worth
NAICS 722410
ABUELO'S · Hurst
NAICS 722410
ABUELO'S · Midland
NAICS 722410
ABUELO'S · Tyler
NAICS 722410
ABUELO'S BEVERAGE CORPORATION · Tyler
NAICS 722410
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $335,024 vs gross $335,022 over 12 overlapping months — filings match (gap 0.0%).
View methodology →

Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-08-13 03:57

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

The Colony
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Location · ABUELO'S BEVERAGE CORPORATION

5733 STATE HIGHWAY 121, THE COLONY, TX 75056

Heatmap · ZIP 75056

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

ZIP 75056 rankings

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