← WAKE POINT ROOFTOP BAR CMSI #3001 MB1119425
Surrendered BLUE · Bar

Wake Point Rooftop Bar Cmsi #3001

14757 W FM 1431 STE 200, Kingsland, TX 78639 · Burnet County
Latest receipts
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Trailing 12
$280K
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All-time peak
$69K
Jul 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 Kingsland
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In ZIP 78639
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In Burnet County
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Statewide
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2021
License issued
May 2021
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: Wake Point Rooftop Bar Cmsi #3001
City: Kingsland, TX · Burnet County
Address: 14757 W Fm 1431 Ste 200, TX 78639
TABC permit number: MB1119425
Owner / operator: Strasglobal, INC.
Trailing 12-month mixed beverage receipts: $279,576
Estimated business value: $193,473 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Wake Point Rooftop Bar Cmsi #3001 reported $0 in June 2022.

Trailing-12 receipts: $280K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Kingsland. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$114K
2.25× EBITDA
Mid (14% margin)Likely
$193K
3.0× EBITDA
High (32% margin)
$395K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $279,576, 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

WAKE POINT ROOFTOP BAR CMSI #3001 is a Mixed Beverage located in KINGSLAND, Texas. Its average monthly sales over the last 10 months were $27,958. Its highest-grossing month in that period was July 2021 with $68,892 in sales. Sales have decreased by 42% compared to earlier in the period. Its sales mix is approximately 54% liquor, 44% beer, and 2% 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 78639 performance

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Location

14757 W FM 1431 STE 200
KINGSLAND, TX 78639
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License

Permit typeMixed Beverage
NumberMB1119425
Status ● Surrendered
First filing2021-05-31
Renewed2021-05-19
In business since 2021
Expires2023-05-18
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Owner Strasglobal, INC. Company →
Officers Eva Strasburger President
Roy T Straburger President

Operator portfolio

TX state retail-permit registry
Outlets statewide 12 (1 active, 11 closed) across 11 cities
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 8 sample outlets
CMSI #401-MIDWAY TRUCK STOP · Ponder · closed Apr 2023
NAICS 453998
QUICK TRACK-CMSI #115 · Krum · closed Apr 2023
NAICS 453998
WAKE POINT CMSI 3001 · Kingsland · closed Apr 2023
NAICS 453998
CMSI 101 · Junction · closed Apr 2023
NAICS 453998
CMSI 1424 · Mercedes · closed Apr 2023
NAICS 453998
CMSI 1406 · Argyle · closed Apr 2023
NAICS 453998
CMSI 1430 · Red Oak · closed Apr 2023
NAICS 453998
CMSI 1440 · Montgomery · closed Apr 2023
NAICS 453998
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 2 months with $0 reported (avg baseline $27,958/mo)
Sales-tax cross-check
Sales-tax filings $279,586 vs gross $279,576 over 10 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Kingsland
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View all Kingsland bars View owner: Strasglobal, INC. Compare this bar →

Location · WAKE POINT ROOFTOP BAR CMSI #3001

14757 W FM 1431 STE 200, KINGSLAND, TX 78639

Heatmap · ZIP 78639

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

ZIP 78639 rankings

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