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MB774102
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Gringo's Mexican Kitchen #10

27030 NORTHWEST FWY, Cypress, TX 77433 · TABC MB774102

Mixed Beverage Cypress Market Enriched 2026-05-19
$1,522,267 Annual gross (L12M) ▲ 13.1% latest MoM Click for monthly detail
$126,856 Avg monthly ▼ 0.5% latest vs avg Click for monthly detail
~19% Est. net margin (likely) $287,528/yr est. net Click for cost model
$761k–$1,006k Est. acquisition range 0.58× 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): $4,349,334 – $7,611,335/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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Gringo's Mexican Kitchen #10 is a mixed-beverage licensed establishment at 27030 NORTHWEST FWY, Cypress, Texas (TABC MB774102). Over the most recent 12 months it reported $1,522,267 in gross alcohol sales, averaging $126,856/month with a best month of $167,915. Sales mix: ~86% liquor · 12% beer · 3% wine. The building at this address is owned by 27030 NORTHWEST FWY LLC (7,463 sqft, $3,100,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $287,528 (~19% margin). Acquisition value is estimated at $761k–$1,006k 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
$1,522,267
Avg monthly
$126,856
Best month
$167,915
May 2025
Sales mix
86% Liq
12% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1303410010002
Property owner (landlord)27030 NORTHWEST FWY LLC
Total building SF7,463
Assessed value$3,100,000

Gringo's Mexican Kitchen #10's share

Est. base rent ~$50/sqft/yr · 5,000 sqft · Class A $20,769/mo
NNN CAM / insurance$3,115/mo
NNN property tax$3,100/mo
Personal property tax est — no BPP record $304/mo
Total occupancy $27,289/mo

Occupancy analysis

All-in occupancy cost is 21.5% 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 $1,522,267 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~29%
Revenue$1,522,267
COGS (24%)−$365,344
Labor (14%)−$213,117
Occupancy−$294,721
TX MB gross tax (6.7%)−$101,992
Utilities / ins / mktg (8%)−$121,781
Card surcharge net+$16,745
Net profit $442,057
Most Likely
Typical bar, light food program, full two-shift staffing
~19%
Revenue$1,522,267
COGS (27%)−$411,012
Labor (17%)−$258,785
Occupancy−$327,467
TX MB gross tax (6.7%)−$101,992
Utilities / ins / mktg (10%)−$152,227
Card surcharge net+$16,745
Net profit $287,528
Stressed
Heavy food, larger crew, higher rent
~7%
Revenue$1,522,267
COGS (30%)−$456,680
Labor (22%)−$334,899
Occupancy−$360,214
TX MB gross tax (6.7%)−$101,992
Utilities / ins / mktg (12%)−$182,672
Card surcharge net+$16,745
Net profit $102,555
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 Gringo's Mexican Kitchen #10 LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $287,528/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 (~$287,528 net) estimated

Revenue multiple
$761k–$1.22M
0.5–0.8× gross
SDE multiple
$719k–$1.01M
2.5–3.5× earnings
Cap rate
$871k–$1.15M
25–33%
Suggested range
$761k–$1,006k
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 $4,349,334–$7,611,335/yr in total revenue (your liquor portion of $1,522,267 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
$4,349k–$7,611k
food + liquor + service
Estimated net (10–15%)
$435k–$1,142k
restaurant margin
Full-business value
$1,196k–$4,186k
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 2026-06-08

Lookup pending — check back tomorrow

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