← THE MODERN STABLE, LLC MB200102504
Surrendered

The Modern Stable, Llc

607 W GIBBS ST, Del Rio, TX 78840 · Val Verde County
Latest receipts
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Trailing 12
$184K
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All-time peak
$42K
Oct 2023
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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 Del Rio
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In ZIP 78840
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In Val Verde County
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Statewide
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2023
License issued
Aug 2023
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 Modern Stable, Llc
City: Del Rio, TX · Val Verde County
Address: 607 W Gibbs St, TX 78840
TABC permit number: MB200102504
Owner / operator: The Modern Stable, LLC
Trailing 12-month mixed beverage receipts: $184,180
Estimated business value: $156,460 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Modern Stable, Llc reported $0 in May 2024.

Trailing-12 receipts: $184K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Del Rio. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$104K
2.25× EBITDA
Mid (14% margin)Likely
$156K
3.0× EBITDA
High (32% margin)
$289K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $184,180, 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 MODERN STABLE, LLC is a Mixed Beverage located in DEL RIO, Texas. Its average monthly sales over the last 9 months were $20,464. Its highest-grossing month in that period was October 2023 with $41,838 in sales. Sales have decreased by 62% compared to earlier in the period. Its sales mix is approximately 51% liquor, 49% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 78840 performance

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Location

607 W GIBBS ST
DEL RIO, TX 78840
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License

Permit typeMixed Beverage
NumberMB200102504
Status ● Surrendered
First filing2023-08-31
Renewed2023-08-23
Expires2025-08-22
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameThe Modern Stable LLC
Owner The Modern Stable, LLC Company →
Officers Alejandro Castillo Governing
Diego Cardona Governing

Audit risk

H
HIGH
2 factors flagged
  • $0 filed in a month with avg baseline $21,891/mo
  • Sales-tax filings ~55% below gross mixed-beverage filings (9/9 months flagged) — TX Comptroller cross-check anomaly
Sales-tax cross-check · flagged
Sales-tax filings $82,827 vs gross $184,180 over 9 overlapping months — gap of 55.0% (expected ~0%).
9/9 months below 85% ratio.
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-13

Peer comparison

Del Rio
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Location · THE MODERN STABLE, LLC

607 W GIBBS ST, DEL RIO, TX 78840

Heatmap · ZIP 78840

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

ZIP 78840 rankings

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