← Corralito Steakhouse /

Financials

MB106167737
Dashboard › Corralito Steakhouse › Financial Intelligence

Corralito Steakhouse

1501 N ZARAGOZA RD, El Paso, TX 79936 · TABC MB106167737

Mixed Beverage El Paso Market Enriched 2026-08-28
$286,277 Annual gross (L12M) ▼ 7.3% latest MoM Click for monthly detail
$23,856 Avg monthly ▼ 21.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $64,126/yr est. net Click for cost model
$160k–$224k 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $715,692 – $1,145,108/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Corralito Steakhouse My bars

Executive Summary

Click to expand full narrative

Corralito Steakhouse is a mixed-beverage licensed establishment at 1501 N ZARAGOZA RD, El Paso, Texas (TABC MB106167737). Over the most recent 12 months it reported $286,277 in gross alcohol sales, averaging $23,856/month with a best month of $33,386. Sales mix: ~57% liquor · 35% beer · 8% wine. The building at this address is owned by JNB PARTNERSHIP (6,789 sqft, $2,065,315 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $64,126 (~22% margin). Acquisition value is estimated at $160k–$224k 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
$286,277
Avg monthly
$23,856
Best month
$33,386
Dec 2025
Sales mix
57% Liq
35% Beer · 8% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID188338
Property owner (landlord)JNB PARTNERSHIP
Total building SF6,789
Assessed value$2,065,315

Corralito Steakhouse's share

Est. base rent ~$11/sqft/yr · 2,500 sqft · Class A $2,266/mo
NNN CAM / insurance$340/mo
NNN property tax$1,584/mo
Personal property tax est — no BPP record $104/mo
Total occupancy $4,294/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 $286,277 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$286,277
COGS (24%)−$68,706
Labor (14%)−$40,079
Occupancy−$46,377
TX MB gross tax (6.7%)−$19,181
Utilities / ins / mktg (8%)−$22,902
Card surcharge net+$3,149
Net profit $92,181
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$286,277
COGS (27%)−$77,295
Labor (17%)−$48,667
Occupancy−$51,530
TX MB gross tax (6.7%)−$19,181
Utilities / ins / mktg (10%)−$28,628
Card surcharge net+$3,149
Net profit $64,126
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$286,277
COGS (30%)−$85,883
Labor (22%)−$62,981
Occupancy−$56,683
TX MB gross tax (6.7%)−$19,181
Utilities / ins / mktg (12%)−$34,353
Card surcharge net+$3,149
Net profit $30,345
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 Corralito Zaragoza LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $64,126/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 (~$64,126 net) estimated

Revenue multiple
$143k–$229k
0.5–0.8× gross
SDE multiple
$160k–$224k
2.5–3.5× earnings
Cap rate
$194k–$257k
25–33%
Suggested range
$160k–$224k
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 · Steakhouse

If you're buying the whole restaurant, not just the bar program

We estimate this steakhouse pulls $715,692–$1,145,108/yr in total revenue (your liquor portion of $286,277 is roughly 25–40% 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
$716k–$1,145k
food + liquor + service
Estimated net (10–15%)
$72k–$172k
restaurant margin
Full-business value
$197k–$630k
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 2026-07-08

Lookup pending — check back tomorrow

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