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MB670643
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P.F. Chang's China Bistro

3100 W EXPRESSWAY 83, Mcallen, TX 78501 · TABC MB670643

Mixed Beverage Mcallen Market Enriched 2026-07-10
$378,418 Annual gross (L12M) ▲ 8.7% latest MoM Click for monthly detail
$31,535 Avg monthly ▲ 10.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $106,037/yr est. net Click for cost model
$265k–$371k 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): $840,929 – $1,513,672/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

P.F. Chang's China Bistro is a mixed-beverage licensed establishment at 3100 W EXPRESSWAY 83, Mcallen, Texas (TABC MB670643). Over the most recent 12 months it reported $378,418 in gross alcohol sales, averaging $31,535/month with a best month of $37,433. Sales mix: ~60% liquor · 25% beer · 15% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $106,037 (~28% margin). Acquisition value is estimated at $265k–$371k 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
$378,418
Avg monthly
$31,535
Best month
$37,433
Dec 2025
Sales mix
60% Liq
25% Beer · 15% 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)$3,311/mo
NNN CAM / insurance$497/mo
Total occupancy$3,904/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 $378,418 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$378,418
COGS (24%)−$90,820
Labor (14%)−$52,979
Occupancy−$42,160
TX MB gross tax (6.7%)−$25,354
Utilities / ins / mktg (8%)−$30,273
Card surcharge net+$4,163
Net profit $140,995
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$378,418
COGS (27%)−$102,173
Labor (17%)−$64,331
Occupancy−$46,844
TX MB gross tax (6.7%)−$25,354
Utilities / ins / mktg (10%)−$37,842
Card surcharge net+$4,163
Net profit $106,037
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$378,418
COGS (30%)−$113,525
Labor (22%)−$83,252
Occupancy−$51,528
TX MB gross tax (6.7%)−$25,354
Utilities / ins / mktg (12%)−$45,410
Card surcharge net+$4,163
Net profit $63,511
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 P.F.C.C.B. Texas INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $106,037/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 (~$106,037 net) estimated

Revenue multiple
$189k–$303k
0.5–0.8× gross
SDE multiple
$265k–$371k
2.5–3.5× earnings
Cap rate
$321k–$424k
25–33%
Suggested range
$265k–$371k
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 $840,929–$1,513,672/yr in total revenue (your liquor portion of $378,418 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
$841k–$1,514k
food + liquor + service
Estimated net (10–15%)
$84k–$227k
restaurant margin
Full-business value
$231k–$833k
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

2 cases on file · public records

2 federal cases
As defendant in 1 case
Most recent filing
Qasim v. P.F. Chang's China Bistro, Inc.
TXSD · 2022-08-25 · CLOSED
Public records, last checked 2026-05-22