← AVENIDA MB195862
Surrendered RED · Restaurant (51%+ food) Since 1987 Legacy bar

Avenida

1006 S MIDKIFF RD, Midland, TX 79701 · Midland County
Latest receipts
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Trailing 12
$594K
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All-time peak
$158K
Aug 2013
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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 Midland
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In ZIP 79701
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In Midland County
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Statewide
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2021
License issued
Nov 2021
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: Avenida
City: Midland, TX · Midland County
Address: 1006 S Midkiff Rd, TX 79701
TABC permit number: MB195862
Permit type: BAR (Bar)
Owner / operator: Graham Brothers Entertainment of Midland and Odessa INC.
Trailing 12-month mixed beverage receipts: $594,045
Estimated business value: $315,484 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Avenida reported $0 in July 2022.

Trailing-12 receipts: $594K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Midland. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$147K
2.25× EBITDA
Mid (14% margin)Likely
$315K
3.0× EBITDA
High (32% margin)
$744K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $594,045, 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

AVENIDA is a Mixed Beverage located in MIDLAND, Texas. Its average monthly sales over the last 9 months were $66,005. Its highest-grossing month in that period was October 2021 with $91,861 in sales. Sales have remained relatively stable. Its sales mix is approximately 46% liquor, 54% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 79701 performance

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Location

1006 S MIDKIFF RD
MIDLAND, TX 79701
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License

Permit typeMixed Beverage
NumberMB195862
Status ● Surrendered
First filing2007-01-31
Renewed2021-11-08
In business since 1987
Expires2023-10-25
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Owner Graham Brothers Entertainment of Midland and Odessa INC. Company →
Officers Herbert Graham Manager
Sibling entities
10 other venues share an officer
Twin Peaks Lubbock · Lubbock
via Herbert Graham (Director)
Jimbo'S Garage · Odessa
via Herbert Graham (Manager)
The Apex Club · Midland
via Herbert Graham (Owner)
Rockin Rodeo · Midland
via Herbert Graham (Member)
Torino'S Pizza Bar · Midland
via Herbert Graham (Owner)
El Guapo'S Sports Cantina · Midland
via Herbert Graham (Owner)
Dos Amigos · Odessa
via Herbert Graham (Director)
Twin Peaks Lubbock · Lubbock
via Herbert Graham (Director)
Denim & Diamonds · Wichita Falls
via Herbert Graham (Governing)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
3 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent beer reporting pattern
  • 3 months with $0 reported (avg baseline $59,404/mo)
Sales-tax cross-check
Sales-tax filings $595,300 vs gross $594,045 over 9 overlapping months — sales filings exceed gross by 0.2%.
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-09-19

Peer comparison

Midland
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Location · AVENIDA

1006 S MIDKIFF RD, MIDLAND, TX 79701

Heatmap · ZIP 79701

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

ZIP 79701 rankings

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