← THE LOUNGE MB1061059
Expired - Original Required RED · Restaurant (51%+ food) Since 2019 Entity forfeited

The Lounge

109C N 1ST ST, Carrizo Springs, TX 78834 · Dimmit County
Latest receipts
…
Click for monthly breakdown
Trailing 12
$176K
…
Click for YoY comparison
All-time peak
$41K
Aug 2019
Click for ranked months
Liquor split
…
Click for full breakdown
Per open day
…
est. 30 days
Click vs category avg

How they stack up

In Carrizo Springs
…
In ZIP 78834
…
In Dimmit County
…
Statewide
…
2019
License issued
Jul 2019
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 Lounge
City: Carrizo Springs, TX · Dimmit County
Address: 109c N 1st St, TX 78834
TABC permit number: MB1061059
Owner / operator: Juleem LLC
Trailing 12-month mixed beverage receipts: $175,693
Estimated business value: $153,167 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Lounge reported $0 in July 2020.

Trailing-12 receipts: $176K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Carrizo Springs. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$103K
2.25× EBITDA
Mid (14% margin)Likely
$153K
3.0× EBITDA
High (32% margin)
$280K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
Start free trial →

Based on trailing-12-month gross of $175,693, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

Unlock full analysis →

Sales history · monthly gross receipts

Monthly filings · last 12

Download JSON ↓
Month Total Liquor Beer Wine MoM
Loading monthly filings…

About this establishment

THE LOUNGE is a Mixed Beverage located in CARRIZO SPRINGS, Texas. Its average monthly sales over the last 8 months were $21,962. Its highest-grossing month in that period was August 2019 with $40,628 in sales. Sales have decreased by 67% compared to earlier in the period. Its sales mix is approximately 45% liquor, 55% beer, and 0% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 78834 performance

See full rankings →
Loading nearby bars…

Location

109C N 1ST ST
CARRIZO SPRINGS, TX 78834
Open in Maps

License

Permit typeMixed Beverage
NumberMB1061059
Status ● Expired - Original Required
First filing2019-07-31
Renewed2019-07-18
In business since 2019
Expires2021-07-17
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner Juleem LLC Company →
Officers Juan Hernandez, Letticia Cruz Member

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 4 months with $0 reported (avg baseline $17,569/mo)
Sales-tax cross-check
Sales-tax filings $164,028 vs gross $175,693 over 8 overlapping months — gap of 6.6% (expected ~0%).
View methodology →

Federal court history

Public records
Lookup pending — check back tomorrow
Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.

Peer comparison

Carrizo Springs
Loading peers…

Quick actions

View all Carrizo Springs bars View owner: Juleem LLC Compare this bar →

Location · THE LOUNGE

109C N 1ST ST, CARRIZO SPRINGS, TX 78834

Heatmap · ZIP 78834

Loading nearby receipts…

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

ZIP 78834 rankings

Loading…