RED · Restaurant (51%+ food) Since 1993

Ship's Wheel Llc

1271 HIGHWAY 87, Crystal Beach, TX 77650 · Galveston County
Latest receipts
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Trailing 12
$444K
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All-time peak
$72K
Jul 2026
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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 Crystal Beach
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In ZIP 77650
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In Galveston County
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Statewide
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2025
License issued
Mar 2025
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: Ship's Wheel Llc
City: Crystal Beach, TX · Galveston County
Address: 1271 Highway 87, TX 77650
TABC permit number: MB236714
Permit type: BAR (Bar)
Owner / operator: Ship's Wheel LLC
Trailing 12-month mixed beverage receipts: $444,442
Estimated business value: $257,439 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Ship's Wheel LLC shows robust sales in Crystal Beach.

The bar posted $54,879 in receipts for the most recent month, well above its 12‑month average of $38,543. Such a gap suggests performance that outpaces many comparable Texas bars in Crystal Beach.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$131K
2.25× EBITDA
Mid (14% margin)Likely
$257K
3.0× EBITDA
High (32% margin)
$578K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $444,442, 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

SHIP'S WHEEL LLC is a Mixed Beverage located in CRYSTAL BEACH, Texas. In August 2026, it reported $54,879 in total mixed beverage sales. Its average monthly sales over the last 12 months were $37,037. Its highest-grossing month in that period was July 2026 with $72,344 in sales. Sales have increased by 148% compared to earlier in the period. Its sales mix is approximately 58% liquor, 40% beer, and 2% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 77650 performance

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Location

1271 HIGHWAY 87
CRYSTAL BEACH, TX 77650
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License

Permit typeMixed Beverage
NumberMB236714
Status ● Active
First filing2007-02-28
Renewed2025-03-27
In business since 1993
Expires2027-04-05
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameSHIP'S WHEEL
Officers Mildred M Murphy Member

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $444,442 vs gross $444,442 over 12 overlapping months — filings match (gap 0.0%).
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Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-16 05:27

Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-07

Peer comparison

Crystal Beach
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Location · SHIP'S WHEEL LLC

1271 HIGHWAY 87, CRYSTAL BEACH, TX 77650

Heatmap · ZIP 77650

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

ZIP 77650 rankings

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