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Financials

RM604333
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Chili's Grill & Bar

535 W INTERSTATE 30, Garland, TX 75043 · TABC RM604333

Mixed Beverage Garland Market Enriched 2026-07-09
$517,368 Annual gross (L12M) ▼ 19.4% latest MoM Click for monthly detail
$43,114 Avg monthly ▼ 4.9% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $115,890/yr est. net Click for cost model
$290k–$406k 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 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): $1,149,707 – $2,069,472/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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Chili's Grill & Bar is a mixed-beverage licensed establishment at 535 W INTERSTATE 30, Garland, Texas (TABC RM604333). Over the most recent 12 months it reported $517,368 in gross alcohol sales, averaging $43,114/month with a best month of $50,838. Sales mix: ~71% liquor · 27% beer · 2% wine. The building at this address is owned by WAL-MART REAL ESTATE (48,863 sqft, $12,525,160 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $115,890 (~22% margin). Acquisition value is estimated at $290k–$406k 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
$517,368
Avg monthly
$43,114
Best month
$50,838
Apr 2026
Sales mix
71% Liq
27% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID26051100012R1A000
Property owner (landlord)WAL-MART REAL ESTATE
Total building SF48,863
Assessed value$12,525,160

Chili's Grill & Bar's share

Est. base rent ~$16/sqft/yr · 3,500 sqft · Class A $4,701/mo
NNN CAM / insurance$705/mo
NNN property tax$1,794/mo
Personal property tax own fixtures · Prop 99200408300032500 $560/mo
Total occupancy $7,761/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 $517,368 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$517,368
COGS (24%)−$124,168
Labor (14%)−$72,432
Occupancy−$83,814
TX MB gross tax (6.7%)−$34,664
Utilities / ins / mktg (8%)−$41,389
Card surcharge net+$5,691
Net profit $166,592
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$517,368
COGS (27%)−$139,689
Labor (17%)−$87,953
Occupancy−$93,126
TX MB gross tax (6.7%)−$34,664
Utilities / ins / mktg (10%)−$51,737
Card surcharge net+$5,691
Net profit $115,890
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$517,368
COGS (30%)−$155,210
Labor (22%)−$113,821
Occupancy−$102,439
TX MB gross tax (6.7%)−$34,664
Utilities / ins / mktg (12%)−$62,084
Card surcharge net+$5,691
Net profit $54,841
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 Chili's Beverage Company INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $115,890/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 (~$115,890 net) estimated

Revenue multiple
$259k–$414k
0.5–0.8× gross
SDE multiple
$290k–$406k
2.5–3.5× earnings
Cap rate
$351k–$464k
25–33%
Suggested range
$290k–$406k
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 $1,149,707–$2,069,472/yr in total revenue (your liquor portion of $517,368 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
$1,150k–$2,069k
food + liquor + service
Estimated net (10–15%)
$115k–$310k
restaurant margin
Full-business value
$316k–$1,138k
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 2026-06-30

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