Michelino's Lone Star Cafe Cafe Ole Agave Bar

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 Coffee Shop, liquor is typically only 10–25% of total business revenue. Mostly non-alcohol; small bar program. Estimated total revenue (rough): $10,072,996 – $25,182,490/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

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Michelino's Lone Star Cafe Cafe Ole Agave Bar is a mixed-beverage licensed establishment at 237 LOSOYA ST, San Antonio, Texas (TABC MB104177407). Over the most recent 12 months it reported $2,518,249 in gross alcohol sales, averaging $209,854/month with a best month of $284,037. Sales mix: ~72% liquor · 26% beer · 2% wine. The building at this address is owned by ALAMO QUARTERS LTD (30,084 sqft, $3,182,811 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $888,281 (~35% margin). Acquisition value is estimated at $2,221k–$2,518k 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

$2,518,249

Avg monthly

$209,854

Best month

$284,037

Mar 2026

Sales mix

72% Liq

26% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID101643

Property owner (landlord)ALAMO QUARTERS LTD

Total building SF30,084

Assessed value$3,182,811

Michelino's Lone Star Cafe Cafe Ole Agave Bar's share

Est. base rent ~$12/sqft/yr · 7,500 sqft · Class B $7,274/mo

NNN CAM / insurance$1,091/mo

NNN property tax$1,521/mo

Personal property tax own fixtures · Prop 1367791 $164/mo

Total occupancy $10,049/mo

Occupancy analysis

All-in occupancy cost is 4.8% 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 $2,518,249 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~44%

Revenue$2,518,249

COGS (24%)−$604,380

Labor (14%)−$352,555

Occupancy−$108,533

TX MB gross tax (6.7%)−$168,723

Utilities / ins / mktg (8%)−$201,460

Music licensingASCAP + BMI + SESAC + GMR combined−$8,500

Card surcharge net+$27,701

Net profit $1,101,800

Most Likely

Typical bar, light food program, full two-shift staffing

~35%

Revenue$2,518,249

COGS (27%)−$679,927

Labor (17%)−$428,102

Occupancy−$120,592

TX MB gross tax (6.7%)−$168,723

Utilities / ins / mktg (10%)−$251,825

Music licensingASCAP + BMI + SESAC + GMR combined−$8,500

Card surcharge net+$27,701

Net profit $888,281

Stressed

Heavy food, larger crew, higher rent

~25%

Revenue$2,518,249

COGS (30%)−$755,475

Labor (22%)−$554,015

Occupancy−$132,651

TX MB gross tax (6.7%)−$168,723

Utilities / ins / mktg (12%)−$302,190

Music licensingASCAP + BMI + SESAC + GMR combined−$8,500

Card surcharge net+$27,701

Net profit $624,397

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 River Restaurants LTD looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $888,281/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 (~$888,281 net) estimated

Revenue multiple

$1.26M–$2.01M

0.5–0.8× gross

SDE multiple

$2.22M–$3.11M

2.5–3.5× earnings

Cap rate

$2.69M–$3.55M

25–33%

Suggested range

$2,221k–$2,518k

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 · Coffee Shop

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

We estimate this coffee shop pulls $10,072,996–$25,182,490/yr in total revenue (your liquor portion of $2,518,249 is roughly 10–25% 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

$10,073k–$25,182k

food + liquor + service

Estimated net (10–15%)

$1,007k–$3,777k

restaurant margin

Full-business value

$2,770k–$13,850k

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 2026-05-28

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Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

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

Federal court history