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Financials

MB775011
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Cheddar's Casual Cafe #540

23948 NORTHWEST FWY, Cypress, TX 77429 · TABC MB775011

Mixed Beverage Cypress Market Enriched 2026-07-10
$330,842 Annual gross (L12M) ▲ 46.0% latest MoM Click for monthly detail
$27,570 Avg monthly ▲ 25.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $74,109/yr est. net Click for cost model
$185k–$259k Est. acquisition range 0.67× 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): $1,323,368 – $3,308,420/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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Cheddar's Casual Cafe #540 is a mixed-beverage licensed establishment at 23948 NORTHWEST FWY, Cypress, Texas (TABC MB775011). Over the most recent 12 months it reported $330,842 in gross alcohol sales, averaging $27,570/month with a best month of $35,980. Sales mix: ~86% liquor · 9% beer · 5% wine. The building at this address is owned by VSHAD LLC (11,883 sqft, $4,282,225 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $74,109 (~22% margin). Acquisition value is estimated at $185k–$259k 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
$330,842
Avg monthly
$27,570
Best month
$35,980
Jun 2025
Sales mix
86% Liq
9% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1229540010008
Property owner (landlord)VSHAD LLC
Total building SF11,883
Assessed value$4,282,225

Cheddar's Casual Cafe #540's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class A $2,662/mo
NNN CAM / insurance$399/mo
NNN property tax$1,802/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,963/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $330,842 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$330,842
COGS (24%)−$79,402
Labor (14%)−$46,318
Occupancy−$53,596
TX MB gross tax (6.7%)−$22,166
Utilities / ins / mktg (8%)−$26,467
Card surcharge net+$3,639
Net profit $106,531
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$330,842
COGS (27%)−$89,327
Labor (17%)−$56,243
Occupancy−$59,552
TX MB gross tax (6.7%)−$22,166
Utilities / ins / mktg (10%)−$33,084
Card surcharge net+$3,639
Net profit $74,109
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$330,842
COGS (30%)−$99,253
Labor (22%)−$72,785
Occupancy−$65,507
TX MB gross tax (6.7%)−$22,166
Utilities / ins / mktg (12%)−$39,701
Card surcharge net+$3,639
Net profit $35,069
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 $74,109/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 (~$74,109 net) estimated

Revenue multiple
$165k–$265k
0.5–0.8× gross
SDE multiple
$185k–$259k
2.5–3.5× earnings
Cap rate
$225k–$296k
25–33%
Suggested range
$185k–$259k
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 $1,323,368–$3,308,420/yr in total revenue (your liquor portion of $330,842 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
$1,323k–$3,308k
food + liquor + service
Estimated net (10–15%)
$132k–$496k
restaurant margin
Full-business value
$364k–$1,820k
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