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Financials

MB255342
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Cheddar's Casual Cafe INC

1309 KNICKERBOCKER RD, San Angelo, TX 76904 · TABC MB255342

Mixed Beverage San Angelo Market Enriched 2026-09-10
$238,591 Annual gross (L12M) ▼ 28.0% latest MoM Click for monthly detail
$19,883 Avg monthly ▼ 22.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $66,431/yr est. net Click for cost model
$166k–$233k 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 Coffee Shop, liquor is typically only 10–25% of total business revenue. Mostly non-alcohol; small bar program. Estimated total revenue (rough): $954,364 – $2,385,910/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 INC is a mixed-beverage licensed establishment at 1309 KNICKERBOCKER RD, San Angelo, Texas (TABC MB255342). Over the most recent 12 months it reported $238,591 in gross alcohol sales, averaging $19,883/month with a best month of $24,115. Sales mix: ~75% liquor · 22% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $66,431 (~28% margin). Acquisition value is estimated at $166k–$233k 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
$238,591
Avg monthly
$19,883
Best month
$24,115
May 2026
Sales mix
75% Liq
22% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$2,088/mo
NNN CAM / insurance$313/mo
Total occupancy$2,497/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $238,591 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$238,591
COGS (24%)−$57,262
Labor (14%)−$33,403
Occupancy−$26,964
TX MB gross tax (6.7%)−$15,986
Utilities / ins / mktg (8%)−$19,087
Card surcharge net+$2,625
Net profit $88,514
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$238,591
COGS (27%)−$64,420
Labor (17%)−$40,560
Occupancy−$29,960
TX MB gross tax (6.7%)−$15,986
Utilities / ins / mktg (10%)−$23,859
Card surcharge net+$2,625
Net profit $66,431
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$238,591
COGS (30%)−$71,577
Labor (22%)−$52,490
Occupancy−$32,956
TX MB gross tax (6.7%)−$15,986
Utilities / ins / mktg (12%)−$28,631
Card surcharge net+$2,625
Net profit $39,576
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 $66,431/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 (~$66,431 net) estimated

Revenue multiple
$119k–$191k
0.5–0.8× gross
SDE multiple
$166k–$233k
2.5–3.5× earnings
Cap rate
$201k–$266k
25–33%
Suggested range
$166k–$233k
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 $954,364–$2,385,910/yr in total revenue (your liquor portion of $238,591 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
$954k–$2,386k
food + liquor + service
Estimated net (10–15%)
$95k–$358k
restaurant margin
Full-business value
$262k–$1,312k
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