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Financials

MB1123238
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Mariscos El Viejon Sea Food & Bar #2

902 W PIONEER PKWY STE 100, Grand Prairie, TX 75051 · TABC MB1123238

Mixed Beverage Grand Prairie Market Enriched 2026-09-13
$716,266 Annual gross (L12M) ▼ 19.5% latest MoM Click for monthly detail
$59,689 Avg monthly ▼ 23.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $160,444/yr est. net Click for cost model
$401k–$562k 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 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): $2,046,474 – $3,581,330/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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Mariscos El Viejon Sea Food & Bar #2 is a mixed-beverage licensed establishment at 902 W PIONEER PKWY STE 100, Grand Prairie, Texas (TABC MB1123238). Over the most recent 12 months it reported $716,266 in gross alcohol sales, averaging $59,689/month with a best month of $79,154. Sales mix: ~38% liquor · 62% beer · 0% wine. The building at this address is owned by TSCA270 LLC (14,381 sqft, $4,082,250 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $160,444 (~22% margin). Acquisition value is estimated at $401k–$562k 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
$716,266
Avg monthly
$59,689
Best month
$79,154
May 2025
Sales mix
38% Liq
62% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID280216000004B0000
Property owner (landlord)TSCA270 LLC
Total building SF whole parcel — Mariscos El Viejon Sea Food & Bar #2 is in STE 10014,381
Mariscos El Viejon Sea Food & Bar #2's footprint estimated — suite-level not on file 3,500 sf
Assessed value$4,082,250

Mariscos El Viejon Sea Food & Bar #2's share

Est. base rent ~$25/sqft/yr · 3,500 sqft · Class A $7,170/mo
NNN CAM / insurance$1,076/mo
NNN property tax$1,987/mo
Personal property tax own fixtures · Prop 99211014690000000 $511/mo
Total occupancy $10,744/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 $716,266 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$716,266
COGS (24%)−$171,904
Labor (14%)−$100,277
Occupancy−$116,035
TX MB gross tax (6.7%)−$47,990
Utilities / ins / mktg (8%)−$57,301
Card surcharge net+$7,879
Net profit $230,638
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$716,266
COGS (27%)−$193,392
Labor (17%)−$121,765
Occupancy−$128,928
TX MB gross tax (6.7%)−$47,990
Utilities / ins / mktg (10%)−$71,627
Card surcharge net+$7,879
Net profit $160,444
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$716,266
COGS (30%)−$214,880
Labor (22%)−$157,579
Occupancy−$141,821
TX MB gross tax (6.7%)−$47,990
Utilities / ins / mktg (12%)−$85,952
Card surcharge net+$7,879
Net profit $75,924
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 Mariscos El Viejon Sea Food & Bar #2 LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $160,444/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 (~$160,444 net) estimated

Revenue multiple
$358k–$573k
0.5–0.8× gross
SDE multiple
$401k–$562k
2.5–3.5× earnings
Cap rate
$486k–$642k
25–33%
Suggested range
$401k–$562k
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 $2,046,474–$3,581,330/yr in total revenue (your liquor portion of $716,266 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
$2,046k–$3,581k
food + liquor + service
Estimated net (10–15%)
$205k–$537k
restaurant margin
Full-business value
$563k–$1,970k
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 2026-06-09

Lookup pending — check back tomorrow

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