← CHEERS RESTAURANT SPORTS BAR MB200040997
Surrendered

Cheers Restaurant Sports Bar

2307 W EXPRESSWAY 83 STE A, Weslaco, TX 78596 · Hidalgo County
Latest receipts
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Trailing 12
$108K
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All-time peak
$31K
May 2022
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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 Weslaco
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In ZIP 78596
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In Hidalgo County
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Statewide
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2022
License issued
Jan 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: Cheers Restaurant Sports Bar
City: Weslaco, TX · Hidalgo County
Address: 2307 W Expressway 83 Ste A, TX 78596
TABC permit number: MB200040997
Owner / operator: Caliente Restaurant Bar
Trailing 12-month mixed beverage receipts: $107,735
Estimated business value: $126,800 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Cheers Restaurant Sports Bar reported $0 in April 2023.

Trailing-12 receipts: $108K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Weslaco. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$96K
2.25× EBITDA
Mid (14% margin)Likely
$127K
3.0× EBITDA
High (32% margin)
$204K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $107,735, 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

CHEERS RESTAURANT SPORTS BAR is a Mixed Beverage located in WESLACO, Texas. Its average monthly sales over the last 9 months were $11,971. Its highest-grossing month in that period was May 2022 with $31,205 in sales. Sales have decreased by 77% compared to earlier in the period. Its sales mix is approximately 53% liquor, 46% beer, and 1% 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 78596 performance

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Location

2307 W EXPRESSWAY 83 STE A
WESLACO, TX 78596
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License

Permit typeMixed Beverage
NumberMB200040997
Status ● Surrendered
First filing2022-01-31
Renewed2022-01-03
Expires2024-01-02
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameCheers Restaurant Sports Bar
Owner Caliente Restaurant Bar Company →
Officers Annette Villalobos Member
Sandra Lozano Managing M
Sandra Lozano Director

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 3 months with $0 reported (avg baseline $10,774/mo)
Sales-tax cross-check
Sales-tax filings $107,735 vs gross $107,735 over 9 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Weslaco
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View all Weslaco bars View owner: Caliente Restaurant Bar Compare this bar →

Location · CHEERS RESTAURANT SPORTS BAR

2307 W EXPRESSWAY 83 STE A, WESLACO, TX 78596

Heatmap · ZIP 78596

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

ZIP 78596 rankings

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