← CORK FOOD & DRINK RM1006471
Expired - Original Required BLUE · Bar Since 2018

Cork Food & Drink

109 E GRANDE BLVD, Tyler, TX 75703 · Smith County
Latest receipts
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Trailing 12
$486K
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All-time peak
$58K
Dec 2018
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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 Tyler
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In ZIP 75703
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In Smith County
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Statewide
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2018
License issued
Feb 2018
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: Cork Food & Drink
City: Tyler, TX · Smith County
Address: 109 E Grande Blvd, TX 75703
TABC permit number: RM1006471
Owner / operator: Cork Food & Wine, INC.
Trailing 12-month mixed beverage receipts: $486,339
Estimated business value: $273,695 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Cork Food & Drink reported $58.3K in July 2019.

Trailing-12 receipts: $486K (+86.6% YoY, 0.0% MoM). Clean compliance record. Located in Tyler. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$136K
2.25× EBITDA
Mid (14% margin)Likely
$274K
3.0× EBITDA
High (32% margin)
$624K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $486,339, 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

CORK FOOD & DRINK is a Restaurant Mixed Beverage located in TYLER, Texas. In July 2019, it reported $58,327 in total mixed beverage sales. Its average monthly sales over the last 12 months were $40,528. Its highest-grossing month in that period was July 2019 with $58,327 in sales. Sales have increased by 40% compared to earlier in the period. Its sales mix is approximately 57% liquor, 14% beer, and 29% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 75703 performance

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Location

109 E GRANDE BLVD
TYLER, TX 75703
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License

Permit typeRestaurant Mixed Beverage
NumberRM1006471
Status ● Expired - Original Required
First filing2017-10-31
Renewed2018-02-02
In business since 2018
Expires2020-02-01
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner Cork Food & Wine, INC. Company →
Officers Jon A Florendo Manager
Jon A Florendo Director

Audit risk

H
HIGH
5 factors flagged
  • 1 month with identical/near-identical totals
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • Sales-tax filings ~22% below gross mixed-beverage filings (6/12 months flagged) — TX Comptroller cross-check anomaly
Sales-tax cross-check · flagged
Sales-tax filings $378,396 vs gross $486,339 over 12 overlapping months — gap of 22.2% (expected ~0%).
6/12 months below 85% ratio.
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Federal court history

Public records
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Peer comparison

Tyler
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Location · CORK FOOD & DRINK

109 E GRANDE BLVD, TYLER, TX 75703

Heatmap · ZIP 75703

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

ZIP 75703 rankings

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