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MB105696441
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Cheddar's Scratch Kitchen #2177

3240 N INTERSTATE 35, Denton, TX 76201 · TABC MB105696441

Mixed Beverage Denton Market Enriched 2026-08-28
$234,862 Annual gross (L12M) ▼ 16.8% latest MoM Click for monthly detail
$19,572 Avg monthly ▼ 12.9% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $69,700/yr est. net Click for cost model
$174k–$235k Est. acquisition range 0.87× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $521,916 – $939,448/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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Cheddar's Scratch Kitchen #2177 is a mixed-beverage licensed establishment at 3240 N INTERSTATE 35, Denton, Texas (TABC MB105696441). Over the most recent 12 months it reported $234,862 in gross alcohol sales, averaging $19,572/month with a best month of $27,702. Sales mix: ~72% liquor · 21% beer · 7% wine. The building at this address is owned by RR TOWN CENTER ASSOCIATES LLC (47,040 sqft, $3,610,914 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $69,700 (~30% margin). Acquisition value is estimated at $174k–$235k 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
$234,862
Avg monthly
$19,572
Best month
$27,702
May 2026
Sales mix
72% Liq
21% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID711813
Property owner (landlord)RR TOWN CENTER ASSOCIATES LLC
Total building SF47,040
Assessed value$3,610,914

Cheddar's Scratch Kitchen #2177's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class C $1,439/mo
NNN CAM / insurance$216/mo
NNN property tax$352/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $2,099/mo

Occupancy analysis

All-in occupancy cost is 10.7% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $234,862 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$234,862
COGS (24%)−$56,367
Labor (14%)−$32,881
Occupancy−$22,666
TX MB gross tax (6.7%)−$15,736
Utilities / ins / mktg (8%)−$18,789
Card surcharge net+$2,583
Net profit $91,007
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$234,862
COGS (27%)−$63,413
Labor (17%)−$39,927
Occupancy−$25,184
TX MB gross tax (6.7%)−$15,736
Utilities / ins / mktg (10%)−$23,486
Card surcharge net+$2,583
Net profit $69,700
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$234,862
COGS (30%)−$70,459
Labor (22%)−$51,670
Occupancy−$27,703
TX MB gross tax (6.7%)−$15,736
Utilities / ins / mktg (12%)−$28,183
Card surcharge net+$2,583
Net profit $43,695
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 Cheddar's Casual Cafe INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $69,700/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 (~$69,700 net) estimated

Revenue multiple
$117k–$188k
0.5–0.8× gross
SDE multiple
$174k–$244k
2.5–3.5× earnings
Cap rate
$211k–$279k
25–33%
Suggested range
$174k–$235k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $521,916–$939,448/yr in total revenue (your liquor portion of $234,862 is roughly 25–45% 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
$522k–$939k
food + liquor + service
Estimated net (10–15%)
$52k–$141k
restaurant margin
Full-business value
$144k–$517k
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 2026-05-22

Lookup pending — check back tomorrow

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