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Financials

RM625458
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Cheddars Casual Cafe

3300 HWY 75 N, Sherman, TX 75090 · TABC RM625458

Mixed Beverage Sherman Market Enriched 2026-08-25
$315,660 Annual gross (L12M) ▼ 16.5% latest MoM Click for monthly detail
$26,305 Avg monthly ▼ 14.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $88,261/yr est. net Click for cost model
$221k–$309k 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 Coffee Shop, liquor is typically only 10–25% of total business revenue. Mostly non-alcohol; small bar program. Estimated total revenue (rough): $1,262,640 – $3,156,600/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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Cheddars Casual Cafe is a mixed-beverage licensed establishment at 3300 HWY 75 N, Sherman, Texas (TABC RM625458). Over the most recent 12 months it reported $315,660 in gross alcohol sales, averaging $26,305/month with a best month of $32,393. Sales mix: ~73% liquor · 22% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $88,261 (~28% margin). Acquisition value is estimated at $221k–$309k 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
$315,660
Avg monthly
$26,305
Best month
$32,393
Mar 2026
Sales mix
73% Liq
22% Beer · 5% 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)$2,762/mo
NNN CAM / insurance$414/mo
Total occupancy$3,272/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 $315,660 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$315,660
COGS (24%)−$75,758
Labor (14%)−$44,192
Occupancy−$35,339
TX MB gross tax (6.7%)−$21,149
Utilities / ins / mktg (8%)−$25,253
Card surcharge net+$3,472
Net profit $117,440
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$315,660
COGS (27%)−$85,228
Labor (17%)−$53,662
Occupancy−$39,266
TX MB gross tax (6.7%)−$21,149
Utilities / ins / mktg (10%)−$31,566
Card surcharge net+$3,472
Net profit $88,261
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$315,660
COGS (30%)−$94,698
Labor (22%)−$69,445
Occupancy−$43,193
TX MB gross tax (6.7%)−$21,149
Utilities / ins / mktg (12%)−$37,879
Card surcharge net+$3,472
Net profit $52,768
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 Cheddar's Casual Cafe INC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $88,261/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 (~$88,261 net) estimated

Revenue multiple
$158k–$253k
0.5–0.8× gross
SDE multiple
$221k–$309k
2.5–3.5× earnings
Cap rate
$267k–$353k
25–33%
Suggested range
$221k–$309k
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 · Coffee Shop

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

We estimate this coffee shop pulls $1,262,640–$3,156,600/yr in total revenue (your liquor portion of $315,660 is roughly 10–25% 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
$1,263k–$3,157k
food + liquor + service
Estimated net (10–15%)
$126k–$473k
restaurant margin
Full-business value
$347k–$1,736k
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 2026-09-22

No federal lawsuits — past or pending