Expired - Original Required RED · Restaurant (51%+ food) Since 2020

The Dolphin Lounge

5549 LEOPARD ST, Corpus Christi, TX 78408 · Nueces County
Latest receipts
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Trailing 12
$35K
…
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All-time peak
$25K
Jun 2010
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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 Corpus Christi
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In ZIP 78408
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In Nueces County
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Statewide
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2020
License issued
Feb 2020
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: The Dolphin Lounge
City: Corpus Christi, TX · Nueces County
Address: 5549 Leopard St, TX 78408
TABC permit number: MB1080329
Owner / operator: Corwell Enterprises, INC.
Trailing 12-month mixed beverage receipts: $35,004
Latest health inspection score: 100 (Aug 25, 2026) · Corpus Christi inspection
Estimated business value: $98,581 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Dolphin Lounge reported $373 in July 2021.

Trailing-12 receipts: $35.0K (-88.1% YoY, -92.8% MoM). Clean compliance record. Located in Corpus Christi.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$89K
2.25× EBITDA
Mid (14% margin)Likely
$99K
3.0× EBITDA
High (32% margin)
$124K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $35,004, 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

THE DOLPHIN LOUNGE is a Mixed Beverage located in CORPUS CHRISTI, Texas. In July 2021, it reported $373 in total mixed beverage sales. Its average monthly sales over the last 12 months were $2,917. Its highest-grossing month in that period was May 2021 with $5,734 in sales. Sales have increased by 47% compared to earlier in the period. Its sales mix is approximately 44% liquor, 53% beer, and 4% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78408 performance

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Location

5549 LEOPARD ST
CORPUS CHRISTI, TX 78408
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License

Permit typeMixed Beverage
NumberMB1080329
Status ● Expired - Original Required
First filing2007-01-31
Renewed2020-02-07
In business since 2020
Expires2022-02-06
Health score 100 · Corpus Christi inspection · Aug 25, 2026 →
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers Raju Bhagat P
Sibling entities
2 other venues share an officer
Marina Lounge · Corpus Christi
via Raju Bhagat (Member)
Marina Lounge · Corpus Christi
via Raju Bhagat (Member)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Operator portfolio

TX state retail-permit registry
Outlets statewide 12 across 4 cities
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 8 sample outlets
THE DOLPHIN LOUNGE · Corpus Christi
NAICS 721110
RESIDENCE INN BY MARRIOTT · Corpus Christi
NAICS 722410
EMBASSY SUITES ARBORETUM AUSTIN · Austin
NAICS 722410
EMBASSY SUITES GALLERIA HOUSTON · Houston
NAICS 721110
SPRINGHILL SUITES BY MARRIOTT HOTEL · Corpus Christi
NAICS 721110
WXYZ LOUNGE · Corpus Christi
NAICS 722410
HOME2 SUITES · Houston
NAICS 721110
RESIDENCE INN BY MARRIOTT · Corpus Christi
NAICS 722410
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

L
LOW
1 factor flagged
  • 1 month with identical/near-identical totals
Sales-tax cross-check
Sales-tax filings $34,631 vs gross $34,631 over 11 overlapping months — filings match (gap 0.0%).
View methodology →

Texas state & county records

Public records
No state or county cases — and no tax liens on record
Some sources limit how many records they return, so counts may be a minimum rather than a total.
Public records, last checked 2026-10-16 04:55

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

Corpus Christi
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Location · THE DOLPHIN LOUNGE

5549 LEOPARD ST, CORPUS CHRISTI, TX 78408

Heatmap · ZIP 78408

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

ZIP 78408 rankings

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