← DRIFTWOOD LANDING MB106188602

Driftwood Landing

2401 LAGUNA BLVD STE B, South Padre Island, TX 78597 · Cameron County
Latest receipts
…
Click for monthly breakdown
Trailing 12
$617K
…
Click for YoY comparison
All-time peak
$83K
Jul 2025
Click for ranked months
Liquor split
…
Click for full breakdown
Per open day
…
est. 30 days
Click vs category avg

How they stack up

In South Padre Island
…
In ZIP 78597
…
In Cameron County
…
Statewide
…
2025
License issued
May 2025
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: Driftwood Landing
City: South Padre Island, TX · Cameron County
Address: 2401 Laguna Blvd Ste B, TX 78597
TABC permit number: MB106188602
Owner / operator: Driftwood Landing, LLC.
Trailing 12-month mixed beverage receipts: $616,701
Estimated business value: $324,274 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Driftwood Landing posts steady sales in South Padre Island

The bar recorded $50,248 in receipts for the most recent month, just shy of its 12‑month average of $51,683. This performance keeps Driftwood Landing in line with typical South Padre Island peers.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$149K
2.25× EBITDA
Mid (14% margin)Likely
$324K
3.0× EBITDA
High (32% margin)
$769K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
Start free trial →

Based on trailing-12-month gross of $616,701, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

Unlock full analysis →

Sales history · monthly gross receipts

Monthly filings · last 12

Download JSON ↓
Month Total Liquor Beer Wine MoM
Loading monthly filings…

About this establishment

DRIFTWOOD LANDING is a Mixed Beverage located in SOUTH PADRE ISLAND, Texas. In August 2026, it reported $50,248 in total mixed beverage sales. Its average monthly sales over the last 12 months were $51,392. Its highest-grossing month in that period was May 2026 with $70,750 in sales. Sales have increased by 54% compared to earlier in the period. Its sales mix is approximately 61% liquor, 34% beer, and 6% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78597 performance

See full rankings →
Loading nearby bars…

Location

2401 LAGUNA BLVD STE B
SOUTH PADRE ISLAND, TX 78597
Open in Maps

License

Permit typeMixed Beverage
NumberMB106188602
Status ● Active
First filing2019-06-30
Renewed2025-05-14
Expires2027-05-02
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers James L Pigg Member

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $616,742 vs gross $616,701 over 12 overlapping months — sales filings exceed gross by 0.0%.
View methodology →

Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-15 06:33

Federal court history

Public records
Lookup pending — check back tomorrow
Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.

Peer comparison

South Padre Island
Loading peers…

Location · DRIFTWOOD LANDING

2401 LAGUNA BLVD STE B, SOUTH PADRE ISLAND, TX 78597

Heatmap · ZIP 78597

Loading nearby receipts…

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

ZIP 78597 rankings

Loading…