120 S MAIN ST STE 50, GRAPEVINE, TX 76051 — Tarrant County
TABC permit number: MB200106194 (type: Bar/restaurant serving distilled spirits, wine, and beer for on-premise consumption) — Category: Lounge
Owner / operator: Teatro Bistro LLC
Trade name: Karmma & Kocktails lounge
License status: Active (expires 2027-09-27)
License first issued: 2025-09-24
Karmma & Kocktails Lounge posts $276K in trailing‑12‑month revenue, aligning with Grapevine bar averages
For the most recent twelve months, the lounge generated approximately $276,000 in receipts. This revenue level sits near the median of comparable Texas‑based taverns in Grapevine, reflecting typical market performance for similarly sized venues.
Peak monthly receipts: $0 ().
Based on trailing receipts and Texas hospitality industry multiples.
Source: Texas Comptroller franchise tax records.
Computed audit risk: LOW.
Permit-level public data assembled by BoozeReports from Texas Comptroller mixed beverage receipts, TABC license registry, local health inspection feeds, and federal court records. View full interactive bar profile.