Ray's Mexican Restaurant

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): $1,620,849 – $2,836,485/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

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Ray's Mexican Restaurant is a mixed-beverage licensed establishment at 870 S MASON RD STE 152, Katy, Texas (TABC MB728395). Over the most recent 12 months it reported $567,297 in gross alcohol sales, averaging $47,275/month with a best month of $58,584. Sales mix: ~92% liquor · 8% beer · 1% wine. The building at this address is owned by MASON CREEK SHOPPING CTR (35,491 sqft, $8,599,940 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $127,075 (~22% margin). Acquisition value is estimated at $318k–$445k 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

$567,297

Avg monthly

$47,275

Best month

$58,584

May 2026

Sales mix

92% Liq

8% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0431360000014

Property owner (landlord)MASON CREEK SHOPPING CTR

Total building SF whole parcel — Ray's Mexican Restaurant is in STE 15235,491

Ray's Mexican Restaurant's footprint estimated — suite-level not on file 3,500 sf

Assessed value$8,599,940

Ray's Mexican Restaurant's share

Est. base rent ~$20/sqft/yr · 3,500 sqft · Class A $5,826/mo

NNN CAM / insurance$874/mo

NNN property tax$1,696/mo

Personal property tax est — no BPP record $113/mo

Total occupancy $8,509/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 $567,297 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~32%

Revenue$567,297

COGS (24%)−$136,151

Labor (14%)−$79,422

Occupancy−$91,902

TX MB gross tax (6.7%)−$38,009

Utilities / ins / mktg (8%)−$45,384

Card surcharge net+$6,240

Net profit $182,670

Most Likely

Typical bar, light food program, full two-shift staffing

~22%

Revenue$567,297

COGS (27%)−$153,170

Labor (17%)−$96,440

Occupancy−$102,113

TX MB gross tax (6.7%)−$38,009

Utilities / ins / mktg (10%)−$56,730

Card surcharge net+$6,240

Net profit $127,075

Stressed

Heavy food, larger crew, higher rent

~11%

Revenue$567,297

COGS (30%)−$170,189

Labor (22%)−$124,805

Occupancy−$112,325

TX MB gross tax (6.7%)−$38,009

Utilities / ins / mktg (12%)−$68,076

Card surcharge net+$6,240

Net profit $60,133

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 R & G INC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $127,075/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 (~$127,075 net) estimated

Revenue multiple

$284k–$454k

0.5–0.8× gross

SDE multiple

$318k–$445k

2.5–3.5× earnings

Cap rate

$385k–$508k

25–33%

Suggested range

$318k–$445k

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 $1,620,849–$2,836,485/yr in total revenue (your liquor portion of $567,297 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

$1,621k–$2,836k

food + liquor + service

Estimated net (10–15%)

$162k–$425k

restaurant margin

Full-business value

$446k–$1,560k

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 2026-07-14

Lookup pending — check back tomorrow

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Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

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

Federal court history