Expired - Original Required RED · Restaurant (51%+ food) Since 2010

Blue Bonnet Palace

17630 LOOKOUT RD, Selma, TX 78154 · Comal County
Latest receipts
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Trailing 12
$1.38M
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All-time peak
$163K
Sep 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 Selma
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In ZIP 78154
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In Comal County
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Statewide
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2022
License issued
Apr 2022
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: Blue Bonnet Palace
City: Selma, TX · Comal County
Address: 17630 Lookout Rd, TX 78154
TABC permit number: MB744755
Permit type: BAR (Bar)
Owner / operator: Blue Bonnet Palace, INC.
Trailing 12-month mixed beverage receipts: $1,378,589
Estimated business value: $628,983 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Blue Bonnet Palace reported $66.3K in March 2024.

Trailing-12 receipts: $1.38M (-43.6% YoY, -29.8% MoM). Clean compliance record. Located in Selma.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$237K
2.25× EBITDA
Mid (14% margin)Likely
$629K
3.0× EBITDA
High (32% margin)
$1.6M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $1,378,589, 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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Active filings under a newer permit

TABC has been receiving sales filings for this location under a different permit number (most recent: Sep 2026). The legacy permit on this page stopped filing — full history lives on the active permit's page.

View active permit · MB200121568 →

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

BLUE BONNET PALACE is a Mixed Beverage located in SELMA, Texas. In March 2024, it reported $66,333 in total mixed beverage sales. Its average monthly sales over the last 12 months were $114,882. Its highest-grossing month in that period was December 2023 with $161,236 in sales. Sales have decreased by 25% compared to earlier in the period. Its sales mix is approximately 60% liquor, 39% beer, and 1% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78154 performance

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Location

17630 LOOKOUT RD
SELMA, TX 78154
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License

Permit typeMixed Beverage
NumberMB744755
Status ● Expired - Original Required
First filing2010-04-30
Renewed2022-04-13
In business since 2010
Expires2024-03-24
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameBLUE BONNET PALACE INC
Officers Clarence John Director
Leonard John Director
Melvin John Director

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $1,378,589 vs gross $1,378,589 over 12 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-06-05

Peer comparison

Selma
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Location · BLUE BONNET PALACE

17630 LOOKOUT RD, SELMA, TX 78154

Heatmap · ZIP 78154

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

ZIP 78154 rankings

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