19235 FM 2920 RD, Tomball, TX 77377 · TABC MB1083437
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Julio's Mexican Cantina is a mixed-beverage licensed establishment at 19235 FM 2920 RD, Tomball, Texas (TABC MB1083437). Over the most recent 12 months it reported $760,794 in gross alcohol sales, averaging $63,400/month with a best month of $79,748. Sales mix: ~85% liquor · 14% beer · 1% wine. The building at this address is owned by TABLE MANAGEMENT GROUP LLC (4,031 sqft, $931,709 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $182,716 (~24% margin). Acquisition value is estimated at $457k–$640k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Julio's Mexican Cantina's share
All-in occupancy cost is 16.4% 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.
Texas bar cost model applied to $760,794 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$182,716 net) estimated
We estimate this mexican restaurant pulls $2,173,697–$3,803,970/yr in total revenue (your liquor portion of $760,794 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).
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.
Public records · last checked 2026-07-07
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