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MB1126984
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Torchy's Taco

11654 BANDERA RD STE 111, San Antonio, TX 78250 · TABC MB1126984

Mixed Beverage San Antonio Market Enriched 2026-07-11
$275,170 Annual gross (L12M) ▲ 11.6% latest MoM Click for monthly detail
$22,931 Avg monthly ▲ 14.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $59,438/yr est. net Click for cost model
$149k–$208k Est. acquisition range 0.65× 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): $786,200 – $1,375,850/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

Torchy's Taco is a mixed-beverage licensed establishment at 11654 BANDERA RD STE 111, San Antonio, Texas (TABC MB1126984). Over the most recent 12 months it reported $275,170 in gross alcohol sales, averaging $22,931/month with a best month of $27,368. Sales mix: ~69% liquor · 4% beer · 26% wine. The building at this address is owned by SEA ISLAND REAL PARTNERS LTD (10,403 sqft, $3,300,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $59,438 (~22% margin). Acquisition value is estimated at $149k–$208k 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
$275,170
Avg monthly
$22,931
Best month
$27,368
Aug 2025
Sales mix
69% Liq
4% Beer · 26% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID584260
Property owner (landlord)SEA ISLAND REAL PARTNERS LTD
Total building SF whole parcel — Torchy's Taco is in STE 11110,403
Torchy's Taco's footprint estimated — suite-level not on file 2,500 sf
Assessed value$3,300,000

Torchy's Taco's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class A $1,493/mo
NNN CAM / insurance$224/mo
NNN property tax$1,520/mo
Personal property tax own fixtures · Prop 1353504 $890/mo
Total occupancy $4,128/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 $275,170 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$275,170
COGS (24%)−$66,041
Labor (14%)−$38,524
Occupancy−$44,578
TX MB gross tax (6.7%)−$18,436
Utilities / ins / mktg (8%)−$22,014
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$3,027
Net profit $86,405
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$275,170
COGS (27%)−$74,296
Labor (17%)−$46,779
Occupancy−$49,531
TX MB gross tax (6.7%)−$18,436
Utilities / ins / mktg (10%)−$27,517
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$3,027
Net profit $59,438
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$275,170
COGS (30%)−$82,551
Labor (22%)−$60,537
Occupancy−$54,484
TX MB gross tax (6.7%)−$18,436
Utilities / ins / mktg (12%)−$33,020
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$3,027
Net profit $26,968
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 Success Foods Management Group LLC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $59,438/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 (~$59,438 net) estimated

Revenue multiple
$138k–$220k
0.5–0.8× gross
SDE multiple
$149k–$208k
2.5–3.5× earnings
Cap rate
$180k–$238k
25–33%
Suggested range
$149k–$208k
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 $786,200–$1,375,850/yr in total revenue (your liquor portion of $275,170 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
$786k–$1,376k
food + liquor + service
Estimated net (10–15%)
$79k–$206k
restaurant margin
Full-business value
$216k–$757k
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

11 cases on file · 3 currently open · public records

11 federal cases
3 currently open
4 bankruptcy
As defendant in 3 cases · As plaintiff in 2
Most recent filing
VB Assets, LLC, d/b/a Voicebox Tech v. Success Foods Management Group, LLC d/b/a Torchy's Tacos
TXED · 2025-06-11 · OPEN
Public records, last checked 2026-05-22