← THE GIZMO MB851464
RED · Restaurant (51%+ food) Since 2013

The Gizmo

2102 26TH ST, Galveston, TX 77550 · Galveston County
Latest receipts
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Trailing 12
$441K
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All-time peak
$52K
Mar 2022
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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 Galveston
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In ZIP 77550
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In Galveston County
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Statewide
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2025
License issued
Aug 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: The Gizmo
City: Galveston, TX · Galveston County
Address: 2102 26th St, TX 77550
TABC permit number: MB851464
Owner / operator: Meghann Nash Degges
Trailing 12-month mixed beverage receipts: $440,554
Estimated business value: $255,931 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Gizmo posts strong monthly receipts in Galveston.

During August 2026 The Gizmo recorded $40,252 in receipts, surpassing its 12‑month average of $37,016. This revenue level positions it among the higher‑earning bar establishments in Galveston compared with typical local peers.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$131K
2.25× EBITDA
Mid (14% margin)Likely
$256K
3.0× EBITDA
High (32% margin)
$573K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $440,554, 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 GIZMO is a Mixed Beverage located in GALVESTON, Texas. In August 2026, it reported $40,252 in total mixed beverage sales. Its average monthly sales over the last 12 months were $36,713. Its highest-grossing month in that period was July 2026 with $43,264 in sales. Sales have increased by 18% compared to earlier in the period. Its sales mix is approximately 61% liquor, 38% 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 77550 performance

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Location

2102 26TH ST
GALVESTON, TX 77550
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License

Permit typeMixed Beverage
NumberMB851464
Status ● Active
First filing2013-10-31
Renewed2025-08-26
In business since 2013
Expires2027-09-11
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers Meghann Nash Degges Owner

Operator portfolio

TX state retail-permit registry
Outlets statewide 2 across 1 city
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 2 sample outlets
THE GIZMO · Galveston
NAICS 722515
COWBOY'S CAJUN KITCHEN · Galveston
NAICS 722511
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $440,554 vs gross $440,554 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 05:39

Peer comparison

Galveston
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Location · THE GIZMO

2102 26TH ST, GALVESTON, TX 77550

Heatmap · ZIP 77550

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

ZIP 77550 rankings

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