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by Vitticeps
Wed Jun 24, 2015 3:57 am
Forum: General Texas CHL Discussion
Topic: Gas Monkey Bar & Grill
Replies: 26
Views: 7691

Re: Gas Monkey Bar & Grill

I didn't realize that ticket and merchandise sales factored in. That's good to know.
by Vitticeps
Tue Jun 23, 2015 1:34 am
Forum: General Texas CHL Discussion
Topic: Gas Monkey Bar & Grill
Replies: 26
Views: 7691

Re: Gas Monkey Bar & Grill

TABC records show for last month that Gas Monkey paid $20,813.75 in mixed beverage taxes. The mixed beverage tax is 6.7% so that means they took in $310,652.98 in alcohol sales. For them not to be 51%, they would have to have sold more than $310,000 in food in May. As a restaurant manager myself, I don't see any way possible that they could sell that much food in one month. Since they are a live music venue, I assume most of that revenue is from alcohol sales during concerts.

For May 2015, they were 89th in liquor sales in the state out of 15,255 establishments. I doubt any of the top 100 are 'blue' establishments.

The blue status on the TABC website will almost certainly be upped to red when they renew. They haven't been open a full 2 years yet so this is their first renewal and first time the blue/red status is being determined by actual sales data.

But, I hope I'm wrong as I'd like to go there sometime.

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