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Financials

MB1082766
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Corralito Steakhouse

1160 AIRWAY BLVD BLDG A, El Paso, TX 79925 · TABC MB1082766

Mixed Beverage El Paso Market Enriched 2026-07-12
$285,506 Annual gross (L12M) ▲ 13.3% latest MoM Click for monthly detail
$23,792 Avg monthly ▲ 4.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $63,953/yr est. net Click for cost model
$160k–$224k Est. acquisition range 0.67× 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $713,765 – $1,142,024/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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Corralito Steakhouse is a mixed-beverage licensed establishment at 1160 AIRWAY BLVD BLDG A, El Paso, Texas (TABC MB1082766). Over the most recent 12 months it reported $285,506 in gross alcohol sales, averaging $23,792/month with a best month of $35,864. Sales mix: ~57% liquor · 33% beer · 11% wine. The building at this address is owned by AARK INVESTMENTS LP (25,478 sqft, $5,450,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $63,953 (~22% margin). Acquisition value is estimated at $160k–$224k 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
$285,506
Avg monthly
$23,792
Best month
$35,864
Dec 2025
Sales mix
57% Liq
33% Beer · 11% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID103948
Property owner (landlord)AARK INVESTMENTS LP
Total building SF whole parcel — Corralito Steakhouse is in BLDG A25,478
Corralito Steakhouse's footprint estimated — suite-level not on file 2,500 sf
Assessed value$5,450,000

Corralito Steakhouse's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class A $2,665/mo
NNN CAM / insurance$400/mo
NNN property tax$1,114/mo
Personal property tax est — no BPP record $104/mo
Total occupancy $4,283/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $285,506 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$285,506
COGS (24%)−$68,521
Labor (14%)−$39,971
Occupancy−$46,252
TX MB gross tax (6.7%)−$19,129
Utilities / ins / mktg (8%)−$22,840
Card surcharge net+$3,141
Net profit $91,933
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$285,506
COGS (27%)−$77,087
Labor (17%)−$48,536
Occupancy−$51,391
TX MB gross tax (6.7%)−$19,129
Utilities / ins / mktg (10%)−$28,551
Card surcharge net+$3,141
Net profit $63,953
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$285,506
COGS (30%)−$85,652
Labor (22%)−$62,811
Occupancy−$56,530
TX MB gross tax (6.7%)−$19,129
Utilities / ins / mktg (12%)−$34,261
Card surcharge net+$3,141
Net profit $30,264
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 Corralito Airway LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $63,953/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 (~$63,953 net) estimated

Revenue multiple
$143k–$228k
0.5–0.8× gross
SDE multiple
$160k–$224k
2.5–3.5× earnings
Cap rate
$194k–$256k
25–33%
Suggested range
$160k–$224k
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 · Steakhouse

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

We estimate this steakhouse pulls $713,765–$1,142,024/yr in total revenue (your liquor portion of $285,506 is roughly 25–40% 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
$714k–$1,142k
food + liquor + service
Estimated net (10–15%)
$71k–$171k
restaurant margin
Full-business value
$196k–$628k
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 2026-09-01

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