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RM669522
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Masfajitas Restaurant

1905 N MAIN ST, Taylor, TX 76574 · TABC RM669522

Mixed Beverage Taylor Market Enriched 2026-07-12
$516,543 Annual gross (L12M) ▲ 1.2% latest MoM Click for monthly detail
$43,045 Avg monthly ▲ 3.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $145,226/yr est. net Click for cost model
$363k–$508k 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 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): $1,147,873 – $2,066,172/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Masfajitas Restaurant is a mixed-beverage licensed establishment at 1905 N MAIN ST, Taylor, Texas (TABC RM669522). Over the most recent 12 months it reported $516,543 in gross alcohol sales, averaging $43,045/month with a best month of $48,189. Sales mix: ~71% liquor · 29% beer · 1% wine. The building at this address is owned by FIRST BASE REAL ESTATE LLC $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $145,226 (~28% margin). Acquisition value is estimated at $363k–$508k 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
$516,543
Avg monthly
$43,045
Best month
$48,189
Mar 2026
Sales mix
71% Liq
29% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record IDR018736
Property owner (landlord)FIRST BASE REAL ESTATE LLC
Assessed value$0

Masfajitas Restaurant's share

Est. base rent ~$15/sqft/yr · 3,500 sqft $4,520/mo
NNN CAM / insurance$678/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $90/mo
Total occupancy $5,288/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $516,543 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$516,543
COGS (24%)−$123,970
Labor (14%)−$72,316
Occupancy−$57,112
TX MB gross tax (6.7%)−$34,608
Utilities / ins / mktg (8%)−$41,323
Card surcharge net+$5,682
Net profit $192,895
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$516,543
COGS (27%)−$139,467
Labor (17%)−$87,812
Occupancy−$63,457
TX MB gross tax (6.7%)−$34,608
Utilities / ins / mktg (10%)−$51,654
Card surcharge net+$5,682
Net profit $145,226
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$516,543
COGS (30%)−$154,963
Labor (22%)−$113,639
Occupancy−$69,803
TX MB gross tax (6.7%)−$34,608
Utilities / ins / mktg (12%)−$61,985
Card surcharge net+$5,682
Net profit $87,226
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 Sorto's Group LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $145,226/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 (~$145,226 net) estimated

Revenue multiple
$258k–$413k
0.5–0.8× gross
SDE multiple
$363k–$508k
2.5–3.5× earnings
Cap rate
$440k–$581k
25–33%
Suggested range
$363k–$508k
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 $1,147,873–$2,066,172/yr in total revenue (your liquor portion of $516,543 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
$1,148k–$2,066k
food + liquor + service
Estimated net (10–15%)
$115k–$310k
restaurant margin
Full-business value
$316k–$1,136k
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 2026-06-03

Lookup pending — check back tomorrow

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