← VELVET TACO MB1112227
Entity forfeited

Velvet Taco

2401 GLENNA GOODACRE BLVD, Lubbock, TX 79401 · Lubbock County
Latest receipts
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Trailing 12
$113K
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All-time peak
$27K
Apr 2021
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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 Lubbock
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In ZIP 79401
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In Lubbock 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
City: Lubbock, TX · Lubbock County
Address: 2401 Glenna Goodacre Blvd, TX 79401
TABC permit number: MB1112227
Owner / operator: Velvet Taco Overton Park Beverage Holding, LLC
Trailing 12-month mixed beverage receipts: $112,597
Latest health inspection score: 96 (Jul 30, 2026) · Lubbock inspection
Estimated business value: $128,687 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Velvet Taco reported $5.4K in December 2022.

Trailing-12 receipts: $113K (-20.0% YoY, +4.9% MoM). Clean compliance record. Located in Lubbock.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$97K
2.25× EBITDA
Mid (14% margin)Likely
$129K
3.0× EBITDA
High (32% margin)
$210K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $112,597, 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 is a Mixed Beverage located in LUBBOCK, Texas. In December 2022, it reported $5,370 in total mixed beverage sales. Its average monthly sales over the last 12 months were $9,383. Its highest-grossing month in that period was September 2022 with $12,913 in sales. Sales have decreased by 21% compared to earlier in the period. Its sales mix is approximately 83% liquor, 17% 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 79401 performance

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Location

2401 GLENNA GOODACRE BLVD
LUBBOCK, TX 79401
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License

Permit typeMixed Beverage
NumberMB1112227
Status ● Active
First filing2021-04-30
Renewed2025-03-10
In business since 2021
Expires2027-03-14
Health score 96 · Lubbock inspection · Jul 30, 2026 →
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameVelvet Taco - Lubbock
Owner Velvet Taco Overton Park Beverage Holding, LLC Company →
Officers Christopher Schultz Manager
Josh Goodell Secretary
Josh Goodell Manager

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $112,596 vs gross $112,597 over 12 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-08

Peer comparison

Lubbock
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Location · VELVET TACO

2401 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401

Heatmap · ZIP 79401

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

ZIP 79401 rankings

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