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Financials

MB1068328
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Sir's Martini Lounge

309 W VAN BUREN AVE, Harlingen, TX 78550 · TABC MB1068328

Mixed Beverage Harlingen Market Enriched 2026-07-12
$152,244 Annual gross (L12M) ▲ 156.0% latest MoM Click for monthly detail
$12,687 Avg monthly ▲ 18.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $41,973/yr est. net Click for cost model
$105k–$147k Est. acquisition range 0.83× 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $169,160 – $202,992/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Sir's Martini Lounge is a mixed-beverage licensed establishment at 309 W VAN BUREN AVE, Harlingen, Texas (TABC MB1068328). Over the most recent 12 months it reported $152,244 in gross alcohol sales, averaging $12,687/month with a best month of $16,752. Sales mix: ~76% liquor · 23% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $41,973 (~28% margin). Acquisition value is estimated at $105k–$147k 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
$152,244
Avg monthly
$12,687
Best month
$16,752
Nov 2025
Sales mix
76% Liq
23% Beer · 1% 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)$1,332/mo
NNN CAM / insurance$200/mo
Total occupancy$1,628/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 $152,244 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$152,244
COGS (24%)−$36,539
Labor (14%)−$21,314
Occupancy−$17,580
TX MB gross tax (6.7%)−$10,200
Utilities / ins / mktg (8%)−$12,180
Card surcharge net+$1,675
Net profit $56,106
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$152,244
COGS (27%)−$41,106
Labor (17%)−$25,881
Occupancy−$19,533
TX MB gross tax (6.7%)−$10,200
Utilities / ins / mktg (10%)−$15,224
Card surcharge net+$1,675
Net profit $41,973
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$152,244
COGS (30%)−$45,673
Labor (22%)−$33,494
Occupancy−$21,487
TX MB gross tax (6.7%)−$10,200
Utilities / ins / mktg (12%)−$18,269
Card surcharge net+$1,675
Net profit $24,795
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 Sir's Martini Lounge LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $41,973/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 (~$41,973 net) estimated

Revenue multiple
$76k–$122k
0.5–0.8× gross
SDE multiple
$105k–$147k
2.5–3.5× earnings
Cap rate
$127k–$168k
25–33%
Suggested range
$105k–$147k
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 2026-07-12

Lookup pending — check back tomorrow

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