← Flores Mexican Restaurant /

Financials

MB708079
Dashboard › Flores Mexican Restaurant › Financial Intelligence

Flores Mexican Restaurant

2440 E HIGHWAY 290 BLDG D, Dripping Springs, TX 78620 · TABC MB708079

Mixed Beverage Dripping Springs Market Enriched 2026-06-17
$927,368 Annual gross (L12M) ▲ 5.7% latest MoM Click for monthly detail
$77,281 Avg monthly ▲ 8.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $260,730/yr est. net Click for cost model
$652k–$913k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $2,649,623 – $4,636,840/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Flores Mexican Restaurant My bars

Executive Summary

Click to expand full narrative

Flores Mexican Restaurant is a mixed-beverage licensed establishment at 2440 E HIGHWAY 290 BLDG D, Dripping Springs, Texas (TABC MB708079). Over the most recent 12 months it reported $927,368 in gross alcohol sales, averaging $77,281/month with a best month of $89,628. Sales mix: ~83% liquor · 15% beer · 2% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $260,730 (~28% margin). Acquisition value is estimated at $652k–$913k 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
$927,368
Avg monthly
$77,281
Best month
$89,628
May 2025
Sales mix
83% Liq
15% Beer · 2% 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)$8,114/mo
NNN CAM / insurance$1,217/mo
Total occupancy$9,494/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 $927,368 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$927,368
COGS (24%)−$222,568
Labor (14%)−$129,832
Occupancy−$102,534
TX MB gross tax (6.7%)−$62,134
Utilities / ins / mktg (8%)−$74,189
Card surcharge net+$10,201
Net profit $346,312
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$927,368
COGS (27%)−$250,389
Labor (17%)−$157,653
Occupancy−$113,927
TX MB gross tax (6.7%)−$62,134
Utilities / ins / mktg (10%)−$92,737
Card surcharge net+$10,201
Net profit $260,730
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$927,368
COGS (30%)−$278,210
Labor (22%)−$204,021
Occupancy−$125,320
TX MB gross tax (6.7%)−$62,134
Utilities / ins / mktg (12%)−$111,284
Card surcharge net+$10,201
Net profit $156,600
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 Flores #3 LC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $260,730/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 (~$260,730 net) estimated

Revenue multiple
$464k–$742k
0.5–0.8× gross
SDE multiple
$652k–$913k
2.5–3.5× earnings
Cap rate
$790k–$1.04M
25–33%
Suggested range
$652k–$913k
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 · Mexican Restaurant

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

We estimate this mexican restaurant pulls $2,649,623–$4,636,840/yr in total revenue (your liquor portion of $927,368 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).

Estimated total revenue
$2,650k–$4,637k
food + liquor + service
Estimated net (10–15%)
$265k–$696k
restaurant margin
Full-business value
$729k–$2,550k
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 2026-05-22

No federal lawsuits — past or pending