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Financials

MB200139151
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Nacho Padres Cantina

2121 RAYFORD RD, Spring, TX 77386 · TABC MB200139151

Mixed Beverage Spring Market Enriched 2026-06-15
$1,010,919 Annual gross (L12M) ▲ 1.2% latest MoM Click for monthly detail
$84,243 Avg monthly ▲ 1.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $284,119/yr est. net Click for cost model
$710k–$994k 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): $2,888,340 – $5,054,595/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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Nacho Padres Cantina is a mixed-beverage licensed establishment at 2121 RAYFORD RD, Spring, Texas (TABC MB200139151). Over the most recent 12 months it reported $1,010,919 in gross alcohol sales, averaging $84,243/month with a best month of $119,891. Sales mix: ~86% liquor · 11% beer · 3% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $284,119 (~28% margin). Acquisition value is estimated at $710k–$994k 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
$1,010,919
Avg monthly
$84,243
Best month
$119,891
May 2025
Sales mix
86% Liq
11% Beer · 3% 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)$8,846/mo
NNN CAM / insurance$1,327/mo
Total occupancy$10,358/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 $1,010,919 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,010,919
COGS (24%)−$242,621
Labor (14%)−$141,529
Occupancy−$111,863
TX MB gross tax (6.7%)−$67,732
Utilities / ins / mktg (8%)−$80,874
Card surcharge net+$11,120
Net profit $377,422
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,010,919
COGS (27%)−$272,948
Labor (17%)−$171,856
Occupancy−$124,292
TX MB gross tax (6.7%)−$67,732
Utilities / ins / mktg (10%)−$101,092
Card surcharge net+$11,120
Net profit $284,119
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,010,919
COGS (30%)−$303,276
Labor (22%)−$222,402
Occupancy−$136,722
TX MB gross tax (6.7%)−$67,732
Utilities / ins / mktg (12%)−$121,310
Card surcharge net+$11,120
Net profit $170,598
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 Mardar Hospitality LLC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $284,119/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 (~$284,119 net) estimated

Revenue multiple
$505k–$809k
0.5–0.8× gross
SDE multiple
$710k–$994k
2.5–3.5× earnings
Cap rate
$861k–$1.14M
25–33%
Suggested range
$710k–$994k
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 $2,888,340–$5,054,595/yr in total revenue (your liquor portion of $1,010,919 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
$2,888k–$5,055k
food + liquor + service
Estimated net (10–15%)
$289k–$758k
restaurant margin
Full-business value
$794k–$2,780k
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 2026-06-23

Lookup pending — check back tomorrow

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