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Financials

RM948735
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El Rincon Mexican Kitchen And Tequila Bar

1114 S ELM ST # 100, Carrollton, TX 75006 · TABC RM948735

Mixed Beverage Carrollton Market Enriched 2026-07-12
$411,869 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$34,322 Avg monthly ▲ 16.9% latest vs avg Click for monthly detail
~24% Est. net margin (likely) $100,054/yr est. net Click for cost model
$250k–$350k Est. acquisition range 0.73× 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): $1,176,769 – $2,059,345/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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El Rincon Mexican Kitchen And Tequila Bar is a mixed-beverage licensed establishment at 1114 S ELM ST # 100, Carrollton, Texas (TABC RM948735). Over the most recent 12 months it reported $411,869 in gross alcohol sales, averaging $34,322/month with a best month of $40,118. Sales mix: ~75% liquor · 11% beer · 14% wine. The building at this address is owned by BARRIX INVESTMENTS LLC (12,993 sqft, $2,385,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $100,054 (~24% margin). Acquisition value is estimated at $250k–$350k 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
$411,869
Avg monthly
$34,322
Best month
$40,118
May 2026
Sales mix
75% Liq
11% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID140171500N08R0000
Property owner (landlord)BARRIX INVESTMENTS LLC
Total building SF12,993
Assessed value$2,385,000

El Rincon Mexican Kitchen And Tequila Bar's share

Est. base rent ~$18/sqft/yr · 2,500 sqft · Class B $3,824/mo
NNN CAM / insurance$574/mo
NNN property tax$918/mo
Personal property tax own fixtures · Prop 99160915340000000 $213/mo
Total occupancy $5,528/mo

Occupancy analysis

All-in occupancy cost is 16.1% 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 $411,869 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$411,869
COGS (24%)−$98,849
Labor (14%)−$57,662
Occupancy−$59,707
TX MB gross tax (6.7%)−$27,595
Utilities / ins / mktg (8%)−$32,950
Card surcharge net+$4,531
Net profit $139,637
Most Likely
Typical bar, light food program, full two-shift staffing
~24%
Revenue$411,869
COGS (27%)−$111,205
Labor (17%)−$70,018
Occupancy−$66,342
TX MB gross tax (6.7%)−$27,595
Utilities / ins / mktg (10%)−$41,187
Card surcharge net+$4,531
Net profit $100,054
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$411,869
COGS (30%)−$123,561
Labor (22%)−$90,611
Occupancy−$72,976
TX MB gross tax (6.7%)−$27,595
Utilities / ins / mktg (12%)−$49,424
Card surcharge net+$4,531
Net profit $52,232
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 Ssr Rg LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $100,054/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 (~$100,054 net) estimated

Revenue multiple
$206k–$329k
0.5–0.8× gross
SDE multiple
$250k–$350k
2.5–3.5× earnings
Cap rate
$303k–$400k
25–33%
Suggested range
$250k–$350k
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 $1,176,769–$2,059,345/yr in total revenue (your liquor portion of $411,869 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
$1,177k–$2,059k
food + liquor + service
Estimated net (10–15%)
$118k–$309k
restaurant margin
Full-business value
$324k–$1,133k
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 2026-05-26

No federal lawsuits — past or pending