1950 HIGHWAY 157 N, Mansfield, TX 76063 · TABC RM792904
Click to expand full narrative
Cha-Cha's Mexican Restaurant is a mixed-beverage licensed establishment at 1950 HIGHWAY 157 N, Mansfield, Texas (TABC RM792904). Over the most recent 12 months it reported $276,068 in gross alcohol sales, averaging $23,006/month with a best month of $28,364. Sales mix: ~64% liquor · 34% beer · 1% wine. The building at this address is owned by CHA CHAS MEXICAN REST INC (5,710 sqft, $792,800 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $62,083 (~22% 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Cha-Cha's Mexican Restaurant's share
All-in occupancy cost is 17.9% 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.
Texas bar cost model applied to $276,068 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$62,083 net) estimated
We estimate this mexican restaurant pulls $788,766–$1,380,340/yr in total revenue (your liquor portion of $276,068 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).
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.
Public records · last checked 2026-07-13
Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.
—