← Pappadeaux Seafood Kitchen /

Financials

MB487518
Dashboard › Pappadeaux Seafood Kitchen › Financial Intelligence

Pappadeaux Seafood Kitchen

12711 SOUTHWEST FWY, Stafford, TX 77477 · TABC MB487518

Mixed Beverage Stafford Market Enriched 2026-06-15
$1,641,586 Annual gross (L12M) ▼ 15.1% latest MoM Click for monthly detail
$136,799 Avg monthly ▼ 3.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $461,039/yr est. net Click for cost model
$1,153k–$1,614k 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 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): $3,647,969 – $6,566,344/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Pappadeaux Seafood Kitchen My bars

Executive Summary

Click to expand full narrative

Pappadeaux Seafood Kitchen is a mixed-beverage licensed establishment at 12711 SOUTHWEST FWY, Stafford, Texas (TABC MB487518). Over the most recent 12 months it reported $1,641,586 in gross alcohol sales, averaging $136,799/month with a best month of $155,073. Sales mix: ~81% liquor · 6% beer · 13% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $461,039 (~28% margin). Acquisition value is estimated at $1,153k–$1,614k 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
$1,641,586
Avg monthly
$136,799
Best month
$155,073
Mar 2026
Sales mix
81% Liq
6% Beer · 13% 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)$14,364/mo
NNN CAM / insurance$2,155/mo
Total occupancy$16,847/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 $1,641,586 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,641,586
COGS (24%)−$393,981
Labor (14%)−$229,822
Occupancy−$181,945
TX MB gross tax (6.7%)−$109,986
Utilities / ins / mktg (8%)−$131,327
Card surcharge net+$18,057
Net profit $612,582
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,641,586
COGS (27%)−$443,228
Labor (17%)−$279,070
Occupancy−$202,161
TX MB gross tax (6.7%)−$109,986
Utilities / ins / mktg (10%)−$164,159
Card surcharge net+$18,057
Net profit $461,039
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,641,586
COGS (30%)−$492,476
Labor (22%)−$361,149
Occupancy−$222,377
TX MB gross tax (6.7%)−$109,986
Utilities / ins / mktg (12%)−$196,990
Card surcharge net+$18,057
Net profit $276,665
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 Pappas Restaurants INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $461,039/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 (~$461,039 net) estimated

Revenue multiple
$821k–$1.31M
0.5–0.8× gross
SDE multiple
$1.15M–$1.61M
2.5–3.5× earnings
Cap rate
$1.40M–$1.84M
25–33%
Suggested range
$1,153k–$1,614k
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 $3,647,969–$6,566,344/yr in total revenue (your liquor portion of $1,641,586 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
$3,648k–$6,566k
food + liquor + service
Estimated net (10–15%)
$365k–$985k
restaurant margin
Full-business value
$1,003k–$3,611k
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

20 cases on file · 1 currently open · public records

20 federal cases
1 currently open
2 wage-and-hour
2 ADA
6 civil rights
As defendant in 14 cases · As plaintiff in 6
Most recent filing
Dukes v. Pappas Restaurants, Inc.
GAND · 2024-12-19 · CLOSED
Public records, last checked 2026-05-22