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Financials

N 200165638
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Cantina Palmilla

1626 S FM 200, Nemo, TX 76070 · TABC N 200165638

Mixed Beverage Nemo Market Enriched 2026-07-12
$105,087 Annual gross (L12M) ▲ 71.2% latest MoM Click for monthly detail
$9,553 Avg monthly ▲ 178.5% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $28,616/yr est. net Click for cost model
$72k–$100k Est. acquisition range 0.82× 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): $300,249 – $525,435/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

Cantina Palmilla is a mixed-beverage licensed establishment at 1626 S FM 200, Nemo, Texas (TABC N 200165638). Over the most recent 12 months it reported $105,087 in gross alcohol sales, averaging $9,553/month with a best month of $26,607. Sales mix: ~64% liquor · 21% beer · 15% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $28,616 (~27% margin). Acquisition value is estimated at $72k–$100k 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
$105,087
Avg monthly
$9,553
Best month
$26,607
May 2026
Sales mix
64% Liq
21% 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)$920/mo
NNN CAM / insurance$138/mo
Total occupancy$1,153/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 $105,087 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$105,087
COGS (24%)−$25,221
Labor (14%)−$14,712
Occupancy−$12,455
TX MB gross tax (6.7%)−$7,041
Utilities / ins / mktg (8%)−$8,407
Card surcharge net+$1,156
Net profit $38,407
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$105,087
COGS (27%)−$28,373
Labor (17%)−$17,865
Occupancy−$13,839
TX MB gross tax (6.7%)−$7,041
Utilities / ins / mktg (10%)−$10,509
Card surcharge net+$1,156
Net profit $28,616
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$105,087
COGS (30%)−$31,526
Labor (22%)−$23,119
Occupancy−$15,223
TX MB gross tax (6.7%)−$7,041
Utilities / ins / mktg (12%)−$12,610
Card surcharge net+$1,156
Net profit $16,723
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 Palmigos Non-Profit CORP looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $28,616/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 (~$28,616 net) estimated

Revenue multiple
$53k–$84k
0.5–0.8× gross
SDE multiple
$72k–$100k
2.5–3.5× earnings
Cap rate
$87k–$114k
25–33%
Suggested range
$72k–$100k
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 $300,249–$525,435/yr in total revenue (your liquor portion of $105,087 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
$300k–$525k
food + liquor + service
Estimated net (10–15%)
$30k–$79k
restaurant margin
Full-business value
$83k–$289k
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 2026-07-07

Lookup pending — check back tomorrow

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