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Financials

MB105537915
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Joe's Crab Shack

444 N SHORELINE BLVD, Corpus Christi, TX 78401 · TABC MB105537915

Mixed Beverage Corpus Christi Market Enriched 2026-09-02
$342,649 Annual gross (L12M) ▲ 14.2% latest MoM Click for monthly detail
$28,554 Avg monthly ▲ 52.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $95,905/yr est. net Click for cost model
$240k–$336k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $360,683 – $403,116/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Joe's Crab Shack is a mixed-beverage licensed establishment at 444 N SHORELINE BLVD, Corpus Christi, Texas (TABC MB105537915). Over the most recent 12 months it reported $342,649 in gross alcohol sales, averaging $28,554/month with a best month of $43,660. Sales mix: ~62% liquor · 34% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $95,905 (~28% margin). Acquisition value is estimated at $240k–$336k 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
$342,649
Avg monthly
$28,554
Best month
$43,660
Jul 2026
Sales mix
62% Liq
34% Beer · 4% 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)$2,998/mo
NNN CAM / insurance$450/mo
Total occupancy$3,544/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 $342,649 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$342,649
COGS (24%)−$82,236
Labor (14%)−$47,971
Occupancy−$38,272
TX MB gross tax (6.7%)−$22,957
Utilities / ins / mktg (8%)−$27,412
Card surcharge net+$3,769
Net profit $127,570
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$342,649
COGS (27%)−$92,515
Labor (17%)−$58,250
Occupancy−$42,525
TX MB gross tax (6.7%)−$22,957
Utilities / ins / mktg (10%)−$34,265
Card surcharge net+$3,769
Net profit $95,905
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$342,649
COGS (30%)−$102,795
Labor (22%)−$75,383
Occupancy−$46,777
TX MB gross tax (6.7%)−$22,957
Utilities / ins / mktg (12%)−$41,118
Card surcharge net+$3,769
Net profit $57,388
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 Jcs Acquistion INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $95,905/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 (~$95,905 net) estimated

Revenue multiple
$171k–$274k
0.5–0.8× gross
SDE multiple
$240k–$336k
2.5–3.5× earnings
Cap rate
$291k–$384k
25–33%
Suggested range
$240k–$336k
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 2026-06-21

No federal lawsuits — past or pending