← Quinto Patio /

Financials

MB200143840
Dashboard › Quinto Patio › Financial Intelligence

Quinto Patio

114 NE 2ND ST, Smithville, TX 78957 · TABC MB200143840

Mixed Beverage Smithville Market Enriched 2026-07-12
$246,921 Annual gross (L12M) ▲ 7.1% latest MoM Click for monthly detail
$20,577 Avg monthly ▲ 24.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $68,790/yr est. net Click for cost model
$172k–$241k 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): $705,489 – $1,234,605/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Quinto Patio My bars

Executive Summary

Click to expand full narrative

Quinto Patio is a mixed-beverage licensed establishment at 114 NE 2ND ST, Smithville, Texas (TABC MB200143840). Over the most recent 12 months it reported $246,921 in gross alcohol sales, averaging $20,577/month with a best month of $25,575. Sales mix: ~63% liquor · 36% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $68,790 (~28% margin). Acquisition value is estimated at $172k–$241k 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
$246,921
Avg monthly
$20,577
Best month
$25,575
May 2026
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)$2,161/mo
NNN CAM / insurance$324/mo
Total occupancy$2,580/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 $246,921 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$246,921
COGS (24%)−$59,261
Labor (14%)−$34,569
Occupancy−$27,869
TX MB gross tax (6.7%)−$16,544
Utilities / ins / mktg (8%)−$19,754
Card surcharge net+$2,716
Net profit $91,641
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$246,921
COGS (27%)−$66,669
Labor (17%)−$41,977
Occupancy−$30,966
TX MB gross tax (6.7%)−$16,544
Utilities / ins / mktg (10%)−$24,692
Card surcharge net+$2,716
Net profit $68,790
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$246,921
COGS (30%)−$74,076
Labor (22%)−$54,323
Occupancy−$34,062
TX MB gross tax (6.7%)−$16,544
Utilities / ins / mktg (12%)−$29,631
Card surcharge net+$2,716
Net profit $41,002
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 Quinto Patio Tex-Mex LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $68,790/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 (~$68,790 net) estimated

Revenue multiple
$123k–$198k
0.5–0.8× gross
SDE multiple
$172k–$241k
2.5–3.5× earnings
Cap rate
$208k–$275k
25–33%
Suggested range
$172k–$241k
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 $705,489–$1,234,605/yr in total revenue (your liquor portion of $246,921 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
$705k–$1,235k
food + liquor + service
Estimated net (10–15%)
$71k–$185k
restaurant margin
Full-business value
$194k–$679k
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 2026-07-10

Lookup pending — check back tomorrow

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