← Ashton Gardens /

Financials

MB200048642
Dashboard › Ashton Gardens › Financial Intelligence

Ashton Gardens

2001 ASHTON GARDENS LN, Corinth, TX 76210 · TABC MB200048642

Mixed Beverage Corinth Market Enriched 2026-07-10
$445,165 Annual gross (L12M) ▲ 9.0% latest MoM Click for monthly detail
$37,097 Avg monthly ▲ 63.7% latest vs avg Click for monthly detail
~35% Est. net margin (likely) $154,268/yr est. net Click for cost model
$386k–$445k Est. acquisition range 0.93× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $445,165 – $494,628/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Ashton Gardens My bars

Executive Summary

Click to expand full narrative

Ashton Gardens is a mixed-beverage licensed establishment at 2001 ASHTON GARDENS LN, Corinth, Texas (TABC MB200048642). Over the most recent 12 months it reported $445,165 in gross alcohol sales, averaging $37,097/month with a best month of $60,715. Sales mix: ~55% liquor · 15% beer · 30% wine. The building at this address is owned by GATOR 25 LLC C/O ESSENTIAL PROPERTIES LP (78,555 sqft, $6,128,946 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $154,268 (~35% margin). Acquisition value is estimated at $386k–$445k 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
$445,165
Avg monthly
$37,097
Best month
$60,715
May 2026
Sales mix
55% Liq
15% Beer · 30% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID464505
Property owner (landlord)GATOR 25 LLC C/O ESSENTIAL PROPERTIES LP
Total building SF78,555
Assessed value$6,128,946

Ashton Gardens's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class C $1,463/mo
NNN CAM / insurance$219/mo
NNN property tax$358/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $2,132/mo

Occupancy analysis

All-in occupancy cost is 5.7% 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 $445,165 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~43%
Revenue$445,165
COGS (24%)−$106,840
Labor (14%)−$62,323
Occupancy−$23,021
TX MB gross tax (6.7%)−$29,826
Utilities / ins / mktg (8%)−$35,613
Card surcharge net+$4,897
Net profit $192,439
Most Likely
Typical bar, light food program, full two-shift staffing
~35%
Revenue$445,165
COGS (27%)−$120,195
Labor (17%)−$75,678
Occupancy−$25,579
TX MB gross tax (6.7%)−$29,826
Utilities / ins / mktg (10%)−$44,516
Card surcharge net+$4,897
Net profit $154,268
Stressed
Heavy food, larger crew, higher rent
~24%
Revenue$445,165
COGS (30%)−$133,550
Labor (22%)−$97,936
Occupancy−$28,137
TX MB gross tax (6.7%)−$29,826
Utilities / ins / mktg (12%)−$53,420
Card surcharge net+$4,897
Net profit $107,193
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 Ksw Milestone LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $154,268/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 (~$154,268 net) estimated

Revenue multiple
$223k–$356k
0.5–0.8× gross
SDE multiple
$386k–$540k
2.5–3.5× earnings
Cap rate
$467k–$617k
25–33%
Suggested range
$386k–$445k
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.

Federal court history

Public records · last checked 2026-05-23

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.