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Financials

MB966480
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1916 Bar & Bistro

301 N AUSTIN ST, Seguin, TX 78155 · TABC MB966480

Mixed Beverage Seguin Market Enriched 2026-07-10
$395,146 Annual gross (L12M) ▲ 3.7% latest MoM Click for monthly detail
$32,929 Avg monthly ▼ 13.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $110,775/yr est. net Click for cost model
$277k–$388k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $878,102 – $1,580,584/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

1916 Bar & Bistro is a mixed-beverage licensed establishment at 301 N AUSTIN ST, Seguin, Texas (TABC MB966480). Over the most recent 12 months it reported $395,146 in gross alcohol sales, averaging $32,929/month with a best month of $42,329. Sales mix: ~39% liquor · 50% beer · 11% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $110,775 (~28% margin). Acquisition value is estimated at $277k–$388k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$395,146
Avg monthly
$32,929
Best month
$42,329
Oct 2025
Sales mix
39% Liq
50% Beer · 11% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$3,458/mo
NNN CAM / insurance$519/mo
Total occupancy$4,072/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $395,146 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$395,146
COGS (24%)−$94,835
Labor (14%)−$55,320
Occupancy−$43,977
TX MB gross tax (6.7%)−$26,475
Utilities / ins / mktg (8%)−$31,612
Card surcharge net+$4,347
Net profit $147,273
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$395,146
COGS (27%)−$106,689
Labor (17%)−$67,175
Occupancy−$48,864
TX MB gross tax (6.7%)−$26,475
Utilities / ins / mktg (10%)−$39,515
Card surcharge net+$4,347
Net profit $110,775
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$395,146
COGS (30%)−$118,544
Labor (22%)−$86,932
Occupancy−$53,750
TX MB gross tax (6.7%)−$26,475
Utilities / ins / mktg (12%)−$47,418
Card surcharge net+$4,347
Net profit $66,374
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee The Common Saloon A Texas Limited Liability Company looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $110,775/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$110,775 net) estimated

Revenue multiple
$198k–$316k
0.5–0.8× gross
SDE multiple
$277k–$388k
2.5–3.5× earnings
Cap rate
$336k–$443k
25–33%
Suggested range
$277k–$388k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $878,102–$1,580,584/yr in total revenue (your liquor portion of $395,146 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$878k–$1,581k
food + liquor + service
Estimated net (10–15%)
$88k–$237k
restaurant margin
Full-business value
$241k–$869k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-05-27

No federal lawsuits — past or pending