← VELVET TACO MB200050628
Surrendered Entity forfeited

Velvet Taco

5350 NEBRASKA FURNITURE MART DR, The Colony, TX 75056 · Denton County
Latest receipts
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Trailing 12
$240K
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All-time peak
$40K
Jul 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 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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2022
License issued
Mar 2022
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: The Colony, TX · Denton County
Address: 5350 Nebraska Furniture Mart Dr, TX 75056
TABC permit number: MB200050628
Owner / operator: Velvet Taco Grandscape Beverage Holding, LLC
Trailing 12-month mixed beverage receipts: $239,622
Estimated business value: $177,971 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Velvet Taco reported $0 in March 2023.

Trailing-12 receipts: $240K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in The Colony.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$110K
2.25× EBITDA
Mid (14% margin)Likely
$178K
3.0× EBITDA
High (32% margin)
$351K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $239,622, 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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Active filings under a newer permit

TABC has been receiving sales filings for this location under a different permit number (most recent: Sep 2026). The legacy permit on this page stopped filing — full history lives on the active permit's page.

View active permit · MB200088008 →

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 THE COLONY, Texas. Its average monthly sales over the last 9 months were $26,625. Its highest-grossing month in that period was July 2022 with $39,594 in sales. Sales have decreased by 10% compared to earlier in the period. Its sales mix is approximately 84% liquor, 16% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

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
NumberMB200050628
Status ● Surrendered
First filing2022-04-30
Renewed2022-03-30
Expires2024-03-29
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameVelvet Taco
Owner Velvet Taco Grandscape Beverage Holding, LLC Company →
Officers Clayton Dover Ceo
Lee Evans Secretary
Sibling entities
6 other venues share an officer
Velvet Taco Montrose · Houston
via Lee Evans (Secretary)
Velvet Taco Uptown · Dallas
via Lee Evans (Secretary)
Velvet Taco · Houston
via Lee Evans (Secretary)
Velvet Taco · Grapevine
via Lee Evans (Secretary)
Velvet Taco · Dallas
via Lee Evans (Secretary)
Velvet Taco · Houston
via Lee Evans (Secretary)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

M
MEDIUM
1 factor flagged
  • $0 filed in a month with avg baseline $27,073/mo
Sales-tax cross-check
Sales-tax filings $239,620 vs gross $239,622 over 9 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

The Colony
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Location · VELVET TACO

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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