← SPLITSVILLE RM763119

Splitsville

351 TOWN PL, Fairview, TX 75069 · Collin County
Latest receipts
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Trailing 12
$196K
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All-time peak
$95K
Dec 2014
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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 Fairview
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In ZIP 75069
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In Collin 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: Splitsville
City: Fairview, TX · Collin County
Address: 351 Town Pl, TX 75069
TABC permit number: RM763119
Owner / operator: L&m Fairview, L.l.c.
Trailing 12-month mixed beverage receipts: $196,145
Estimated business value: $161,102 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Splitsville reported $0 in June 2018.

Trailing-12 receipts: $196K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Fairview. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$105K
2.25× EBITDA
Mid (14% margin)Likely
$161K
3.0× EBITDA
High (32% margin)
$302K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $196,145, 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

SPLITSVILLE is a Restaurant Mixed Beverage located in FAIRVIEW, Texas. Its average monthly sales over the last 6 months were $32,691. Its highest-grossing month in that period was December 2017 with $39,893 in sales. Sales have decreased by 11% compared to earlier in the period. Its sales mix is approximately 49% liquor, 45% beer, and 6% wine. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 75069 performance

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Location

351 TOWN PL
FAIRVIEW, TX 75069
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License

Permit typeRestaurant Mixed Beverage
NumberRM763119
First filing2010-12-31
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner L&m Fairview, L.l.c. Company →
Officers Edward Droste Member
James Guy Revelle Iii Managing M
Mark Ingram Gibson Managing M
Sibling entities
1 other venue share an officer
Splitsville · Arlington
via Edward Droste (Member)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 6 months with $0 reported (avg baseline $19,614/mo)
Sales-tax cross-check
Sales-tax filings $196,143 vs gross $196,145 over 6 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Fairview
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View all Fairview bars View owner: L&m Fairview, L.l.c. Compare this bar →

Location · SPLITSVILLE

351 TOWN PL, FAIRVIEW, TX 75069

Heatmap · ZIP 75069

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

ZIP 75069 rankings

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