← Faust Tavern /

Financials

MB103520553
Dashboard › Faust Tavern › Financial Intelligence

Faust Tavern

517 E WOODLAWN AVE, San Antonio, TX 78212 · TABC MB103520553

Mixed Beverage San Antonio Market Enriched 2026-07-09
$277,340 Annual gross (L12M) ▲ 1.6% latest MoM Click for monthly detail
$23,112 Avg monthly ▼ 0.9% latest vs avg Click for monthly detail
~21% Est. net margin (likely) $58,824/yr est. net Click for cost model
$147k–$206k Est. acquisition range 0.64× 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $346,675 – $462,233/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Faust Tavern My bars

Executive Summary

Click to expand full narrative

Faust Tavern is a mixed-beverage licensed establishment at 517 E WOODLAWN AVE, San Antonio, Texas (TABC MB103520553). Over the most recent 12 months it reported $277,340 in gross alcohol sales, averaging $23,112/month with a best month of $28,308. Sales mix: ~55% liquor · 44% beer · 0% wine. The building at this address is owned by KING BROTHERS LLC (1,368 sqft, $335,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $58,824 (~21% margin). Acquisition value is estimated at $147k–$206k 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
$277,340
Avg monthly
$23,112
Best month
$28,308
Jul 2025
Sales mix
55% Liq
44% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID109818
Property owner (landlord)KING BROTHERS LLC
Total building SF1,368
Assessed value$335,000

Faust Tavern's share

Est. base rent ~$16/sqft/yr · 2,500 sqft · Class A $3,255/mo
NNN CAM / insurance$488/mo
NNN property tax$321/mo
Personal property tax est — no BPP record $96/mo
Total occupancy $4,160/mo

Occupancy analysis

All-in occupancy cost is 18.0% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $277,340 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$277,340
COGS (24%)−$66,562
Labor (14%)−$38,828
Occupancy−$44,929
TX MB gross tax (6.7%)−$18,582
Utilities / ins / mktg (8%)−$22,187
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$3,051
Net profit $86,003
Most Likely
Typical bar, light food program, full two-shift staffing
~21%
Revenue$277,340
COGS (27%)−$74,882
Labor (17%)−$47,148
Occupancy−$49,921
TX MB gross tax (6.7%)−$18,582
Utilities / ins / mktg (10%)−$27,734
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$3,051
Net profit $58,824
Stressed
Heavy food, larger crew, higher rent
~9%
Revenue$277,340
COGS (30%)−$83,202
Labor (22%)−$61,015
Occupancy−$54,913
TX MB gross tax (6.7%)−$18,582
Utilities / ins / mktg (12%)−$33,281
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$3,051
Net profit $26,098
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 Thunderkiss LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $58,824/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 (~$58,824 net) estimated

Revenue multiple
$139k–$222k
0.5–0.8× gross
SDE multiple
$147k–$206k
2.5–3.5× earnings
Cap rate
$178k–$235k
25–33%
Suggested range
$147k–$206k
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.

Federal court history

Public records · last checked 2026-06-26

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.