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Los Patrones Grill Mexican Restaurant

2880 W HIGHWAY 290, Giddings, TX 78942 · TABC MB102286061

Mixed Beverage Giddings Market Enriched 2026-08-27
$278,128 Annual gross (L12M) ▲ 7.7% latest MoM Click for monthly detail
$23,177 Avg monthly ▼ 6.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $77,630/yr est. net Click for cost model
$194k–$272k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $794,651 – $1,390,640/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Los Patrones Grill Mexican Restaurant is a mixed-beverage licensed establishment at 2880 W HIGHWAY 290, Giddings, Texas (TABC MB102286061). Over the most recent 12 months it reported $278,128 in gross alcohol sales, averaging $23,177/month with a best month of $28,105. Sales mix: ~72% liquor · 27% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $77,630 (~28% margin). Acquisition value is estimated at $194k–$272k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$278,128
Avg monthly
$23,177
Best month
$28,105
Mar 2026
Sales mix
72% Liq
27% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$2,434/mo
NNN CAM / insurance$365/mo
Total occupancy$2,894/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $278,128 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$278,128
COGS (24%)−$66,751
Labor (14%)−$38,938
Occupancy−$31,261
TX MB gross tax (6.7%)−$18,635
Utilities / ins / mktg (8%)−$22,250
Card surcharge net+$3,059
Net profit $103,353
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$278,128
COGS (27%)−$75,095
Labor (17%)−$47,282
Occupancy−$34,734
TX MB gross tax (6.7%)−$18,635
Utilities / ins / mktg (10%)−$27,813
Card surcharge net+$3,059
Net profit $77,630
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$278,128
COGS (30%)−$83,438
Labor (22%)−$61,188
Occupancy−$38,207
TX MB gross tax (6.7%)−$18,635
Utilities / ins / mktg (12%)−$33,375
Card surcharge net+$3,059
Net profit $46,344
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Galvan's Los Patrones LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $77,630/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$77,630 net) estimated

Revenue multiple
$139k–$223k
0.5–0.8× gross
SDE multiple
$194k–$272k
2.5–3.5× earnings
Cap rate
$235k–$311k
25–33%
Suggested range
$194k–$272k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.
Full-business estimate · Mexican Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this mexican restaurant pulls $794,651–$1,390,640/yr in total revenue (your liquor portion of $278,128 is roughly 20–35% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$795k–$1,391k
food + liquor + service
Estimated net (10–15%)
$79k–$209k
restaurant margin
Full-business value
$219k–$765k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-07-05

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