← PALAPA BAR/BEACH SIDE BAR & GRIL/SAPPHIRE MB227958

Palapa Bar/beach Side Bar & Gril/sapphire

310 PADRE BLVD, South Padre Island, TX 78597 · Cameron County
Latest receipts
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Trailing 12
$491K
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All-time peak
$114K
Jul 2007
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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: Palapa Bar/beach Side Bar & Gril/sapphire
City: South Padre Island, TX · Cameron County
Address: 310 Padre Blvd, TX 78597
TABC permit number: MB227958
Owner / operator: Gaml, INC.
Trailing 12-month mixed beverage receipts: $490,848
Estimated business value: $275,444 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Palapa Bar/Beach Side Bar & Gril/Sapphire reported $57.0K in September 2011.

Trailing-12 receipts: $491K (+93.8% YoY, +5.2% MoM). Clean compliance record. Located in South Padre Island.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$136K
2.25× EBITDA
Mid (14% margin)Likely
$275K
3.0× EBITDA
High (32% margin)
$629K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $490,848, 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

PALAPA BAR/BEACH SIDE BAR & GRIL/SAPPHIRE is a Mixed Beverage located in SOUTH PADRE ISLAND, Texas. In September 2011, it reported $57,035 in total mixed beverage sales. Its average monthly sales over the last 12 months were $40,904. Its highest-grossing month in that period was July 2011 with $92,177 in sales. Sales have increased by 270% compared to earlier in the period. Its sales mix is approximately 66% liquor, 24% beer, and 10% wine. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78597 performance

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Location

310 PADRE BLVD
SOUTH PADRE ISLAND, TX 78597
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License

Permit typeMixed Beverage
NumberMB227958
First filing2007-01-31
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner Gaml, INC. Company →
Officers Gaston A. Azcarraga Governing
Lesley Leroy Secretary
Mark Landgale Director
Mark Langdale Governing

Audit risk

L
LOW
No flags detected
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Federal court history

Public records
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Peer comparison

South Padre Island
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View all South Padre Island bars View owner: Gaml, INC. Compare this bar →

Location · PALAPA BAR/BEACH SIDE BAR & GRIL/SAPPHIRE

310 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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