Gringo's Mexican Kitchen

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): $2,405,360 – $4,209,380/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

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Gringo's Mexican Kitchen is a mixed-beverage licensed establishment at 6925 CYPRESSWOOD DR STE G, Spring, Texas (TABC MB617115). Over the most recent 12 months it reported $841,876 in gross alcohol sales, averaging $70,156/month with a best month of $93,968. Sales mix: ~84% liquor · 12% beer · 4% wine. The building at this address is owned by STEUBNER-AIRLINE CVS LP (7,927 sqft, $2,815,242 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $188,580 (~22% margin). Acquisition value is estimated at $471k–$660k 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

$841,876

Avg monthly

$70,156

Best month

$93,968

May 2025

Sales mix

84% Liq

12% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1234370010001

Property owner (landlord)STEUBNER-AIRLINE CVS LP

Total building SF whole parcel — Gringo's Mexican Kitchen is in STE G7,927

Gringo's Mexican Kitchen's footprint estimated — suite-level not on file 3,500 sf

Assessed value$2,815,242

Gringo's Mexican Kitchen's share

Est. base rent ~$30/sqft/yr · 3,500 sqft · Class A $8,673/mo

NNN CAM / insurance$1,301/mo

NNN property tax$2,486/mo

Personal property tax est — no BPP record $168/mo

Total occupancy $12,628/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $841,876 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~32%

Revenue$841,876

COGS (24%)−$202,050

Labor (14%)−$117,863

Occupancy−$136,384

TX MB gross tax (6.7%)−$56,406

Utilities / ins / mktg (8%)−$67,350

Card surcharge net+$9,261

Net profit $271,084

Most Likely

Typical bar, light food program, full two-shift staffing

~22%

Revenue$841,876

COGS (27%)−$227,307

Labor (17%)−$143,119

Occupancy−$151,538

TX MB gross tax (6.7%)−$56,406

Utilities / ins / mktg (10%)−$84,188

Card surcharge net+$9,261

Net profit $188,580

Stressed

Heavy food, larger crew, higher rent

~11%

Revenue$841,876

COGS (30%)−$252,563

Labor (22%)−$185,213

Occupancy−$166,691

TX MB gross tax (6.7%)−$56,406

Utilities / ins / mktg (12%)−$101,025

Card surcharge net+$9,261

Net profit $89,239

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 Gringo's Mexican Kitchen #7 INC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $188,580/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 (~$188,580 net) estimated

Revenue multiple

$421k–$674k

0.5–0.8× gross

SDE multiple

$471k–$660k

2.5–3.5× earnings

Cap rate

$571k–$754k

25–33%

Suggested range

$471k–$660k

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 $2,405,360–$4,209,380/yr in total revenue (your liquor portion of $841,876 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

$2,405k–$4,209k

food + liquor + service

Estimated net (10–15%)

$241k–$631k

restaurant margin

Full-business value

$661k–$2,315k

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 2026-07-01

Lookup pending — check back tomorrow

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Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

If you're buying the whole restaurant, not just the bar program

Federal court history