Entity forfeited

Jake's Bar & Grill

2500 PADRE BLVD, South Padre Island, TX 78597 · Cameron County
Latest receipts
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Trailing 12
$230K
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All-time peak
$29K
Jan 2010
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In South Padre Island
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In ZIP 78597
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In Cameron County
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Statewide
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Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Jake's Bar & Grill
City: South Padre Island, TX · Cameron County
Address: 2500 Padre Blvd, TX 78597
TABC permit number: MB646151
Owner / operator: In Sand N Sea, INC.
Trailing 12-month mixed beverage receipts: $230,323
Estimated business value: $174,363 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Jake'S Bar & Grill reported $16.3K in March 2010.

Trailing-12 receipts: $230K (-11.7% YoY, -41.2% MoM). Clean compliance record. Located in South Padre Island.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$109K
2.25× EBITDA
Mid (14% margin)Likely
$174K
3.0× EBITDA
High (32% margin)
$340K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $230,323, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

JAKE'S BAR & GRILL is a Mixed Beverage located in SOUTH PADRE ISLAND, Texas. In March 2010, it reported $16,313 in total mixed beverage sales. Its average monthly sales over the last 12 months were $19,194. Its highest-grossing month in that period was January 2010 with $29,276 in sales. Sales have increased by 30% compared to earlier in the period. Its sales mix is approximately 57% liquor, 39% beer, and 4% wine. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78597 performance

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Location

2500 PADRE BLVD
SOUTH PADRE ISLAND, TX 78597
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License

Permit typeMixed Beverage
NumberMB646151
First filing2007-01-31
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers Amanda Jae Foreman Treasurer
Amanda Jae Foreman Secretary
E Jae Housendder President

Audit risk

L
LOW
No flags detected
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-09-15

Peer comparison

South Padre Island
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Location · JAKE'S BAR & GRILL

2500 PADRE BLVD, SOUTH PADRE ISLAND, TX 78597

Heatmap · ZIP 78597

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 78597 rankings

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