← Cajun Crabs & Shrimp #2 /

Financials

MB106828288
Dashboard › Cajun Crabs & Shrimp #2 › Financial Intelligence

Cajun Crabs & Shrimp #2

2601 S INTERSTATE 35 STE B200, Round Rock, TX 78664 · TABC MB106828288

Mixed Beverage Round Rock Market Enriched 2026-07-09
$222,112 Annual gross (L12M) ▲ 10.2% latest MoM Click for monthly detail
$18,509 Avg monthly ▲ 30.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $61,863/yr est. net Click for cost model
$155k–$217k 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): $493,582 – $888,448/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Cajun Crabs & Shrimp #2 My bars

Executive Summary

Click to expand full narrative

Cajun Crabs & Shrimp #2 is a mixed-beverage licensed establishment at 2601 S INTERSTATE 35 STE B200, Round Rock, Texas (TABC MB106828288). Over the most recent 12 months it reported $222,112 in gross alcohol sales, averaging $18,509/month with a best month of $25,818. Sales mix: ~78% liquor · 22% beer · 0% wine. The building at this address is owned by BOARDWALK ROUND ROCK LP $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $61,863 (~28% margin). Acquisition value is estimated at $155k–$217k 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
$222,112
Avg monthly
$18,509
Best month
$25,818
Jun 2025
Sales mix
78% Liq
22% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record IDR362158
Property owner (landlord)BOARDWALK ROUND ROCK LP
Cajun Crabs & Shrimp #2's footprint estimated — suite-level not on file 2,500 sf
Assessed value$0

Cajun Crabs & Shrimp #2's share

Est. base rent ~$9/sqft/yr · 2,500 sqft $1,943/mo
NNN CAM / insurance$292/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $88/mo
Total occupancy $2,323/mo

Occupancy analysis

All-in occupancy cost is 12.5% 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 $222,112 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$222,112
COGS (24%)−$53,307
Labor (14%)−$31,096
Occupancy−$25,083
TX MB gross tax (6.7%)−$14,882
Utilities / ins / mktg (8%)−$17,769
Card surcharge net+$2,443
Net profit $82,419
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$222,112
COGS (27%)−$59,970
Labor (17%)−$37,759
Occupancy−$27,870
TX MB gross tax (6.7%)−$14,882
Utilities / ins / mktg (10%)−$22,211
Card surcharge net+$2,443
Net profit $61,863
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$222,112
COGS (30%)−$66,634
Labor (22%)−$48,865
Occupancy−$30,657
TX MB gross tax (6.7%)−$14,882
Utilities / ins / mktg (12%)−$26,653
Card surcharge net+$2,443
Net profit $36,865
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 Cajun Round Rock CORP looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $61,863/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 (~$61,863 net) estimated

Revenue multiple
$111k–$178k
0.5–0.8× gross
SDE multiple
$155k–$217k
2.5–3.5× earnings
Cap rate
$187k–$247k
25–33%
Suggested range
$155k–$217k
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 $493,582–$888,448/yr in total revenue (your liquor portion of $222,112 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
$494k–$888k
food + liquor + service
Estimated net (10–15%)
$49k–$133k
restaurant margin
Full-business value
$136k–$489k
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 2026-08-30

Lookup pending — check back tomorrow

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