MS
Managing M Managing P 2 active

Massimiliano Sgarbi

Total portfolio revenue: $1.48M trailing 12 months across 2 venues

2 Texas venues across 2 cities · 2 counties · 2026 YTD: $613,331

As officer → As company →

Below No Tax Due threshold
Portfolio revenue · T12
$1.48M
across 2 venues
Total venues
2
2 active
Avg per venue
$741K
12-mo
Cities
2
Dallas, Rockwall
Violations · 24mo
0
across portfolio
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. This page covers a Texas owner / operator: venues owned by a single TABC permit holder or franchise officer, with portfolio sales, ownership chain, and entity-level signals.
Portfolio brief

Massimiliano Sgarbi: $1.48M trailing 12 months across 2 Texas venues.

The portfolio of 2 venues across 2 cities and 2 counties posted $1.48M in trailing-12-month receipts through September 2026. That averages $741K per venue. Largest venue is Wade'S Landing at $908K — about 61% of total receipts. Combined receipts moved -5.4% month-over-month and -50.6% year-over-year. Operates across 2 categories; Adult Entertainment leads. Clean TABC enforcement record across the portfolio.

Combined receipts · 12 months

13 mo

Per-venue contribution · lifetime

top 2
Wade'S Landing
$840K
66.1%
Felix Culpa
$431K
33.9%
Top venue drives 66% of portfolio revenue. Concentration risk.

Where the venues are

2 counties
2 venues
Rockwall
1 venue
$840K
Dallas
1 venue
$431K

All 2 venues

sorted by revenue
# Venue City · County Permit 12-mo gross 2026 YTD Filings Status
01
Wade'S Landing
308 N Fannin St
Rockwall · Rockwall Co.
 MB200119779 $839,649 $613,331 33 ● Active
02
Felix Culpa
3001 N Henderson Ave
Dallas · Dallas Co.
 MB105865000 $431,130 $0 91 ● Active

Compliance across portfolio

2 venues
Open violations · 24 months 0
2 clean

No TABC violations logged across this portfolio in the past 24 months.

Other officers

TX Comptroller
No co-officers found in the Texas Comptroller franchise database.
Officers cross-referenced from the Texas Comptroller franchise database. Click anyone to see all bars they're associated with.