← Garden Bistro /

Financials

MB106106982
Dashboard › Garden Bistro › Financial Intelligence

Garden Bistro

18360 BLANCO RD STE 100, San Antonio, TX 78258 · TABC MB106106982

Mixed Beverage San Antonio Market Enriched 2026-07-11
$513,590 Annual gross (L12M) Click for monthly detail
$51,359 Avg monthly ▼ 44.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $110,644/yr est. net Click for cost model
$277k–$387k Est. acquisition range 0.65× 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): $1,141,311 – $2,054,360/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Garden Bistro My bars

Executive Summary

Click to expand full narrative

Garden Bistro is a mixed-beverage licensed establishment at 18360 BLANCO RD STE 100, San Antonio, Texas (TABC MB106106982). Over the most recent 12 months it reported $513,590 in gross alcohol sales, averaging $51,359/month with a best month of $85,752. Sales mix: ~73% liquor · 26% beer · 1% wine. The building at this address is owned by VINEYARD SHOPPING CNTR II LP (45,010 sqft, $26,485,590 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $110,644 (~22% margin). Acquisition value is estimated at $277k–$387k 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
$513,590
Avg monthly
$51,359
Best month
$85,752
Oct 2025
Sales mix
73% Liq
26% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID993432
Property owner (landlord)VINEYARD SHOPPING CNTR II LP
Total building SF whole parcel — Garden Bistro is in STE 10045,010
Garden Bistro's footprint estimated — suite-level not on file 3,500 sf
Assessed value$26,485,590

Garden Bistro's share

Est. base rent ~$11/sqft/yr · 3,500 sqft · Class A $3,203/mo
NNN CAM / insurance$480/mo
NNN property tax$3,947/mo
Personal property tax own fixtures · Prop 1184862 $73/mo
Total occupancy $7,704/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 $513,590 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$513,590
COGS (24%)−$123,262
Labor (14%)−$71,903
Occupancy−$83,202
TX MB gross tax (6.7%)−$34,411
Utilities / ins / mktg (8%)−$41,087
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$5,649
Net profit $160,976
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$513,590
COGS (27%)−$138,669
Labor (17%)−$87,310
Occupancy−$92,446
TX MB gross tax (6.7%)−$34,411
Utilities / ins / mktg (10%)−$51,359
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$5,649
Net profit $110,644
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$513,590
COGS (30%)−$154,077
Labor (22%)−$112,990
Occupancy−$101,691
TX MB gross tax (6.7%)−$34,411
Utilities / ins / mktg (12%)−$61,631
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$5,649
Net profit $50,041
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 Speakeasy Operations LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $110,644/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 (~$110,644 net) estimated

Revenue multiple
$257k–$411k
0.5–0.8× gross
SDE multiple
$277k–$387k
2.5–3.5× earnings
Cap rate
$335k–$443k
25–33%
Suggested range
$277k–$387k
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 $1,141,311–$2,054,360/yr in total revenue (your liquor portion of $513,590 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
$1,141k–$2,054k
food + liquor + service
Estimated net (10–15%)
$114k–$308k
restaurant margin
Full-business value
$314k–$1,130k
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 2026-07-03

Lookup pending — check back tomorrow

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