← Velvet Taco - Grapevine (Dba) /

Financials

MB200087174
Dashboard › Velvet Taco - Grapevine (Dba) › Financial Intelligence

Velvet Taco - Grapevine (Dba)

440 W STATE HIGHWAY 114, Grapevine, TX 76051 · TABC MB200087174

Mixed Beverage Grapevine Market Enriched 2026-07-10
$330,539 Annual gross (L12M) ▲ 20.7% latest MoM Click for monthly detail
$27,545 Avg monthly ▼ 4.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $74,041/yr est. net Click for cost model
$185k–$259k 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 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): $734,531 – $1,322,156/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Velvet Taco - Grapevine (Dba) My bars

Executive Summary

Click to expand full narrative

Velvet Taco - Grapevine (Dba) is a mixed-beverage licensed establishment at 440 W STATE HIGHWAY 114, Grapevine, Texas (TABC MB200087174). Over the most recent 12 months it reported $330,539 in gross alcohol sales, averaging $27,545/month with a best month of $37,738. Sales mix: ~93% liquor · 7% beer · 0% wine. The building at this address is owned by PARK ISLAND APARTMENTS LLP (2,374 sqft, $1,249,792 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $74,041 (~22% margin). Acquisition value is estimated at $185k–$259k 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
$330,539
Avg monthly
$27,545
Best month
$37,738
Oct 2025
Sales mix
93% Liq
7% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID42925272
Property owner (landlord)PARK ISLAND APARTMENTS LLP
Total building SF2,374
Assessed value$1,249,792

Velvet Taco - Grapevine (Dba)'s share

Est. base rent ~$15/sqft/yr · 2,500 sqft · Class A $3,138/mo
NNN CAM / insurance$471/mo
NNN property tax$1,250/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,958/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 $330,539 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$330,539
COGS (24%)−$79,329
Labor (14%)−$46,275
Occupancy−$53,547
TX MB gross tax (6.7%)−$22,146
Utilities / ins / mktg (8%)−$26,443
Card surcharge net+$3,636
Net profit $106,434
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$330,539
COGS (27%)−$89,246
Labor (17%)−$56,192
Occupancy−$59,497
TX MB gross tax (6.7%)−$22,146
Utilities / ins / mktg (10%)−$33,054
Card surcharge net+$3,636
Net profit $74,041
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$330,539
COGS (30%)−$99,162
Labor (22%)−$72,719
Occupancy−$65,447
TX MB gross tax (6.7%)−$22,146
Utilities / ins / mktg (12%)−$39,665
Card surcharge net+$3,636
Net profit $35,037
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 Taco Libre Beverage Holding LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $74,041/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 (~$74,041 net) estimated

Revenue multiple
$165k–$264k
0.5–0.8× gross
SDE multiple
$185k–$259k
2.5–3.5× earnings
Cap rate
$224k–$296k
25–33%
Suggested range
$185k–$259k
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 $734,531–$1,322,156/yr in total revenue (your liquor portion of $330,539 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
$735k–$1,322k
food + liquor + service
Estimated net (10–15%)
$73k–$198k
restaurant margin
Full-business value
$202k–$727k
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 2026-06-27

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.