MARGARITAVILLE RESORT SOUTH PADRE

310 PADRE BLVD, SOUTH PADRE ISLAND, TX 78597 — Cameron County

TABC permit number: MB976186 (type: Bar/restaurant serving distilled spirits, wine, and beer for on-premise consumption) — Category: Hotel Bar

Owner / operator: VINDICARE MANAGEMENT, INC.

Trade name: Margaritaville Beach Resort - South Padre Island

License status: Surrendered (expires 2025-03-16)

License first issued: 2023-03-17

Overview

Margaritaville Resort South Padre reported $228K in July 2024.

Trailing-12 receipts: $2.06M (+10.4% YoY, -12.7% MoM). Clean compliance record. Located in South Padre Island.

Peak monthly receipts: $0 ().

Estimated valuation

Based on trailing receipts and Texas hospitality industry multiples.

Registered officers

Source: Texas Comptroller franchise tax records.

Audit risk indicators

Computed audit risk: LOW.

About this record

Permit-level public data assembled by BoozeReports from Texas Comptroller mixed beverage receipts, TABC license registry, local health inspection feeds, and federal court records. View full interactive bar profile.