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MB200122586
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Fajitaville

221 S HOTEL, Corpus Christi, TX 78402 · TABC MB200122586

Mixed Beverage Corpus Christi Market Enriched 2026-07-11
$592,440 Annual gross (L12M) ▲ 65.9% latest MoM Click for monthly detail
$49,370 Avg monthly ▲ 27.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $166,446/yr est. net Click for cost model
$416k–$583k 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): $1,692,686 – $2,962,200/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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Fajitaville is a mixed-beverage licensed establishment at 221 S HOTEL, Corpus Christi, Texas (TABC MB200122586). Over the most recent 12 months it reported $592,440 in gross alcohol sales, averaging $49,370/month with a best month of $110,974. Sales mix: ~63% liquor · 36% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $166,446 (~28% margin). Acquisition value is estimated at $416k–$583k 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
$592,440
Avg monthly
$49,370
Best month
$110,974
Jul 2025
Sales mix
63% Liq
36% 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)$5,184/mo
NNN CAM / insurance$778/mo
Total occupancy$6,075/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 $592,440 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$592,440
COGS (24%)−$142,186
Labor (14%)−$82,942
Occupancy−$65,610
TX MB gross tax (6.7%)−$39,693
Utilities / ins / mktg (8%)−$47,395
Card surcharge net+$6,517
Net profit $221,131
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$592,440
COGS (27%)−$159,959
Labor (17%)−$100,715
Occupancy−$72,900
TX MB gross tax (6.7%)−$39,693
Utilities / ins / mktg (10%)−$59,244
Card surcharge net+$6,517
Net profit $166,446
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$592,440
COGS (30%)−$177,732
Labor (22%)−$130,337
Occupancy−$80,190
TX MB gross tax (6.7%)−$39,693
Utilities / ins / mktg (12%)−$71,093
Card surcharge net+$6,517
Net profit $99,912
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 North Beach Dining LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $166,446/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 (~$166,446 net) estimated

Revenue multiple
$296k–$474k
0.5–0.8× gross
SDE multiple
$416k–$583k
2.5–3.5× earnings
Cap rate
$504k–$666k
25–33%
Suggested range
$416k–$583k
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 $1,692,686–$2,962,200/yr in total revenue (your liquor portion of $592,440 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
$1,693k–$2,962k
food + liquor + service
Estimated net (10–15%)
$169k–$444k
restaurant margin
Full-business value
$465k–$1,629k
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 2026-09-06

Lookup pending — check back tomorrow

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