Velvet Taco-Grandscape

5350 NEBRASKA FURNITURE MART DR, The Colony, TX 75056 · Denton County
Latest receipts
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Trailing 12
$233K
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All-time peak
$39K
May 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 The Colony
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In ZIP 75056
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In Denton County
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Statewide
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2025
License issued
Mar 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: Velvet Taco-Grandscape
City: The Colony, TX · Denton County
Address: 5350 Nebraska Furniture Mart Dr, TX 75056
TABC permit number: MB200088008
Owner / operator: Taco Libre Beverage Holding, LLC
Trailing 12-month mixed beverage receipts: $233,037
Estimated business value: $175,416 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Velvet Taco-Grandscape reports steady monthly sales in The Colony.

Velvet Taco-Grandscape posts monthly receipts of $20,260, just under its 12‑month average of $20,476, aligning closely with other Texas bars in The Colony. The establishment filed its latest financials in August 2026, indicating ongoing compliance and stable operations.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$109K
2.25× EBITDA
Mid (14% margin)Likely
$175K
3.0× EBITDA
High (32% margin)
$343K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $233,037, 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

VELVET TACO-GRANDSCAPE is a Mixed Beverage located in THE COLONY, Texas. In September 2026, it reported $18,336 in total mixed beverage sales. Its average monthly sales over the last 12 months were $19,420. Its highest-grossing month in that period was October 2025 with $29,542 in sales. Sales have decreased by 17% compared to earlier in the period. Its sales mix is approximately 91% liquor, 9% beer, and 0% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 75056 performance

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Location

5350 NEBRASKA FURNITURE MART DR
THE COLONY, TX 75056
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License

Permit typeMixed Beverage
NumberMB200088008
Status ● Active
First filing2023-03-31
Renewed2025-03-27
Expires2027-03-15
Footprint 42,206 sf · free-standing building
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameVelvet Taco - Grandscape (dba)
Officers Christopher Schultz Manager
Josh Goodell Manager

Operator portfolio

TX state retail-permit registry
Outlets statewide 36 across 22 cities
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 8 sample outlets
VELVET TACO · Dallas
NAICS 722511
VELVET TACO GALLERIA · Houston
NAICS 722511
VELVET TACO PEARL · San Antonio
NAICS 722511
VELVET TACO RICHARDSON · Richardson
NAICS 722511
VELVET TACO RIM · San Antonio
NAICS 722511
VELVET TACO RICE VILLAGE · Houston
NAICS 722511
VELVET TACO - LUBBOCK · Lubbock
NAICS 722511
VELVET TACO COLLEGE STATION · College Station
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 $206,292 vs gross $214,701 over 11 overlapping months — gap of 3.9% (expected ~0%).
1/11 months below 85% ratio.
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Texas state & county records

Public records
3 tax liens filed
Amount not available from this county's index
2021-03-12 — STATE TAX LIEN
2020-05-14 — MECHANICS LIEN AFFIDAVIT
2020-05-14 — MECHANICS LIEN AFFIDAVIT
2021-05-24 — RELEASE OF STATE TAX LIEN (released)
2021-03-19 — RELEASE OF LIEN CLAIMED (released)
Some sources limit how many records they return, so counts may be a minimum rather than a total.
Public records, last checked 2026-10-01 02:52

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

The Colony
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Location · VELVET TACO-GRANDSCAPE

5350 NEBRASKA FURNITURE MART DR, THE COLONY, TX 75056

Heatmap · ZIP 75056

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

ZIP 75056 rankings

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