← THE EVENT CENTER MB843556
Expired - Original Required RED · Restaurant (51%+ food) Since 2013 Entity forfeited

The Event Center

119 S CHADBOURNE ST, San Angelo, TX 76903 · Tom Green County
Latest receipts
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Trailing 12
$433K
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All-time peak
$61K
May 2019
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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 San Angelo
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In ZIP 76903
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In Tom Green County
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Statewide
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2019
License issued
Jul 2019
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 Event Center
City: San Angelo, TX · Tom Green County
Address: 119 S Chadbourne St, TX 76903
TABC permit number: MB843556
Permit type: BAR (Bar)
Owner / operator: Wise Guys Nightlife, LLC
Trailing 12-month mixed beverage receipts: $432,606
Estimated business value: $252,847 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Event Center reported $0 in July 2019.

Trailing-12 receipts: $433K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in San Angelo. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$130K
2.25× EBITDA
Mid (14% margin)Likely
$253K
3.0× EBITDA
High (32% margin)
$565K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $432,606, 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 EVENT CENTER is a Mixed Beverage located in SAN ANGELO, Texas. Its average monthly sales over the last 10 months were $43,261. Its highest-grossing month in that period was May 2019 with $61,468 in sales. Sales have increased by 41% compared to earlier in the period. Its sales mix is approximately 12% liquor, 88% beer, and 0% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 76903 performance

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Location

119 S CHADBOURNE ST
SAN ANGELO, TX 76903
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License

Permit typeMixed Beverage
NumberMB843556
Status ● Expired - Original Required
First filing2013-06-30
Renewed2019-07-25
In business since 2013
Expires2021-06-16
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner Wise Guys Nightlife, LLC Company →
Officers Henry Ramos Owner
Henry Ramos Manager
Henry Ramos Director

Audit risk

H
HIGH
3 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent beer reporting pattern
  • 2 months with $0 reported (avg baseline $43,261/mo)
Sales-tax cross-check
Sales-tax filings $444,980 vs gross $432,606 over 10 overlapping months — sales filings exceed gross by 2.9%.
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-25

Peer comparison

San Angelo
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Location · THE EVENT CENTER

119 S CHADBOURNE ST, SAN ANGELO, TX 76903

Heatmap · ZIP 76903

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

ZIP 76903 rankings

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