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MB105026413
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Carmike 20

3003 S EXPRESSWAY 281, Edinburg, TX 78542 · TABC MB105026413

Mixed Beverage Edinburg Market Enriched 2026-09-10
$167,384 Annual gross (L12M) ▲ 5.0% latest MoM Click for monthly detail
$13,949 Avg monthly ▲ 43.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $46,262/yr est. net Click for cost model
$116k–$162k Est. acquisition range 0.83× annual gross (blended) Click for valuation methods
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Executive Summary

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Carmike 20 is a mixed-beverage licensed establishment at 3003 S EXPRESSWAY 281, Edinburg, Texas (TABC MB105026413). Over the most recent 12 months it reported $167,384 in gross alcohol sales, averaging $13,949/month with a best month of $20,036. Sales mix: ~100% liquor · 0% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $46,262 (~28% margin). Acquisition value is estimated at $116k–$162k 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
$167,384
Avg monthly
$13,949
Best month
$20,036
Jul 2026
Sales mix
100% Liq
0% Beer · 0% 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)$1,465/mo
NNN CAM / insurance$220/mo
Total occupancy$1,780/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 $167,384 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$167,384
COGS (24%)−$40,172
Labor (14%)−$23,434
Occupancy−$19,225
TX MB gross tax (6.7%)−$11,215
Utilities / ins / mktg (8%)−$13,391
Card surcharge net+$1,841
Net profit $61,788
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$167,384
COGS (27%)−$45,194
Labor (17%)−$28,455
Occupancy−$21,362
TX MB gross tax (6.7%)−$11,215
Utilities / ins / mktg (10%)−$16,738
Card surcharge net+$1,841
Net profit $46,262
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$167,384
COGS (30%)−$50,215
Labor (22%)−$36,824
Occupancy−$23,498
TX MB gross tax (6.7%)−$11,215
Utilities / ins / mktg (12%)−$20,086
Card surcharge net+$1,841
Net profit $27,387
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 Amc Itd LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $46,262/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 (~$46,262 net) estimated

Revenue multiple
$84k–$134k
0.5–0.8× gross
SDE multiple
$116k–$162k
2.5–3.5× earnings
Cap rate
$140k–$185k
25–33%
Suggested range
$116k–$162k
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 2026-05-30

No federal lawsuits — past or pending