Expired - Original Required RED · Restaurant (51%+ food) Since 2017

Crossroads Cocktails & Karaoke

1125 E UNIVERSITY DR, Denton, TX 76209 · Denton County
Latest receipts
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Trailing 12
$186K
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All-time peak
$26K
Mar 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 Denton
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In ZIP 76209
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In Denton County
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Statewide
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2020
License issued
Feb 2020
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: Crossroads Cocktails & Karaoke
City: Denton, TX · Denton County
Address: 1125 E University Dr, TX 76209
TABC permit number: MB999452
Owner / operator: Crossroads Cocktails & Karaoke, LLC
Trailing 12-month mixed beverage receipts: $185,799
Latest health inspection score: 95 (Jul 24, 2024) · Denton inspection
Estimated business value: $157,088 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Crossroads Cocktails & Karaoke reported $0 in April 2020.

Trailing-12 receipts: $186K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Denton.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$104K
2.25× EBITDA
Mid (14% margin)Likely
$157K
3.0× EBITDA
High (32% margin)
$291K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $185,799, 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

CROSSROADS COCKTAILS & KARAOKE is a Mixed Beverage located in DENTON, Texas. Its average monthly sales over the last 11 months were $16,891. Its highest-grossing month in that period was July 2019 with $19,953 in sales. Sales have decreased by 18% compared to earlier in the period. Its sales mix is approximately 70% liquor, 29% beer, and 0% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

ZIP 76209 performance

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Location

1125 E UNIVERSITY DR
DENTON, TX 76209
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License

Permit typeMixed Beverage
NumberMB999452
Status ● Expired - Original Required
First filing2017-11-30
Renewed2020-02-03
In business since 2017
Expires2021-11-05
Health score 95 · Denton inspection · Jul 24, 2024 →
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers Richard Underwood Owner
Richard Underwood Director

Audit risk

M
MEDIUM
1 factor flagged
  • $0 filed in a month with avg baseline $17,661/mo
Sales-tax cross-check
Sales-tax filings $185,799 vs gross $185,799 over 11 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Denton
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Location · CROSSROADS COCKTAILS & KARAOKE

1125 E UNIVERSITY DR, DENTON, TX 76209

Heatmap · ZIP 76209

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

ZIP 76209 rankings

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