Joe's Crab Shack Galveston TX — Bar Sales, Permit, Violations & Value

Joe'S Crab Shack reported $6.3K in August 2016.

Trailing-12 receipts: $143K (-46.0% YoY, -62.7% MoM). Clean compliance record. Located in Galveston.

What is this bar worth?

Back-of-envelope · Pro only

Low (-5% margin)

$100K

2.25× EBITDA

Mid (14% margin)Likely

$140K

3.0× EBITDA

High (32% margin)

$243K

3.75× EBITDA

Pro · valuation

Acquisition-grade estimate.

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Based on trailing-12-month gross of $142,833, 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

JOE'S CRAB SHACK is a Mixed Beverage located in GALVESTON, Texas. In August 2016, it reported $6,303 in total mixed beverage sales. Its average monthly sales over the last 12 months were $11,903. Its highest-grossing month in that period was July 2016 with $16,891 in sales. Sales have remained relatively stable. Its sales mix is approximately 62% liquor, 34% beer, and 4% wine. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 77550 performance

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Location

2000 WHARF RD STE A

GALVESTON, TX 77550

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License

Permit typeMixed Beverage

NumberMB651681

First filing2007-01-31

Sales tax filingCurrent

Entity registeredNot found

Franchise tax Below No Tax Due threshold

Owner Joe's Crab Shack, LLC Company →

Officers Brad A Leist Secretary
Brad A Leist Treasurer
Jonathan M Tibus Chief Exec
Jonathan M Tibus President

Sibling entities

10 other venues share an officer

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