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Financials

MB200171091
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Mi Chante Mexican Cuisine #2 LLC

26615 US HIGHWAY 380 E STE 100, Providence Village, TX 76227 · TABC MB200171091

Mixed Beverage Providence Village Market Enriched 2026-07-10
$240,695 Annual gross (L12M) ▲ 31.1% latest MoM Click for monthly detail
$30,087 Avg monthly ▲ 29.8% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $60,296/yr est. net Click for cost model
$151k–$211k Est. acquisition range 0.75× 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): $687,700 – $1,203,475/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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Mi Chante Mexican Cuisine #2 LLC is a mixed-beverage licensed establishment at 26615 US HIGHWAY 380 E STE 100, Providence Village, Texas (TABC MB200171091). Over the most recent 12 months it reported $240,695 in gross alcohol sales, averaging $30,087/month with a best month of $48,605. Sales mix: ~85% liquor · 13% beer · 2% wine. The building at this address is owned by JCH PROPERTY II, LLC (47,380 sqft, $4,958,563 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $60,296 (~25% margin). Acquisition value is estimated at $151k–$211k 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
$240,695
Avg monthly
$30,087
Best month
$48,605
Jan 2026
Sales mix
85% Liq
13% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID246573
Property owner (landlord)JCH PROPERTY II, LLC
Total building SF whole parcel — Mi Chante Mexican Cuisine #2 LLC is in STE 10047,380
Mi Chante Mexican Cuisine #2 LLC's footprint estimated — suite-level not on file 2,500 sf
Assessed value$4,958,563

Mi Chante Mexican Cuisine #2 LLC's share

Est. base rent ~$10/sqft/yr · 2,500 sqft · Class B $2,180/mo
NNN CAM / insurance$327/mo
NNN property tax$480/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $3,079/mo

Occupancy analysis

All-in occupancy cost is 15.3% 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 $240,695 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$240,695
COGS (24%)−$57,767
Labor (14%)−$33,697
Occupancy−$33,250
TX MB gross tax (6.7%)−$16,127
Utilities / ins / mktg (8%)−$19,256
Card surcharge net+$2,648
Net profit $83,246
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$240,695
COGS (27%)−$64,988
Labor (17%)−$40,918
Occupancy−$36,944
TX MB gross tax (6.7%)−$16,127
Utilities / ins / mktg (10%)−$24,070
Card surcharge net+$2,648
Net profit $60,296
Stressed
Heavy food, larger crew, higher rent
~14%
Revenue$240,695
COGS (30%)−$72,208
Labor (22%)−$52,953
Occupancy−$40,639
TX MB gross tax (6.7%)−$16,127
Utilities / ins / mktg (12%)−$28,883
Card surcharge net+$2,648
Net profit $32,532
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 Mi Chante Mexican Cuisine #2 LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $60,296/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 (~$60,296 net) estimated

Revenue multiple
$120k–$193k
0.5–0.8× gross
SDE multiple
$151k–$211k
2.5–3.5× earnings
Cap rate
$183k–$241k
25–33%
Suggested range
$151k–$211k
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 $687,700–$1,203,475/yr in total revenue (your liquor portion of $240,695 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
$688k–$1,203k
food + liquor + service
Estimated net (10–15%)
$69k–$181k
restaurant margin
Full-business value
$189k–$662k
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 2026-10-02

Lookup pending — check back tomorrow

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