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Financials

MB1100857
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Phillips Event Center

1929 COUNTRY CLUB DR, Bryan, TX 77802 · TABC MB1100857

Mixed Beverage Bryan Market Enriched 2026-09-11
$469,452 Annual gross (L12M) ▲ 6.8% latest MoM Click for monthly detail
$39,121 Avg monthly ▼ 5.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $131,822/yr est. net Click for cost model
$330k–$461k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $469,452 – $521,613/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

Phillips Event Center is a mixed-beverage licensed establishment at 1929 COUNTRY CLUB DR, Bryan, Texas (TABC MB1100857). Over the most recent 12 months it reported $469,452 in gross alcohol sales, averaging $39,121/month with a best month of $50,805. Sales mix: ~49% liquor · 37% beer · 14% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $131,822 (~28% margin). Acquisition value is estimated at $330k–$461k 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
$469,452
Avg monthly
$39,121
Best month
$50,805
May 2026
Sales mix
49% Liq
37% Beer · 14% 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)$4,108/mo
NNN CAM / insurance$616/mo
Total occupancy$4,820/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 $469,452 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$469,452
COGS (24%)−$112,668
Labor (14%)−$65,723
Occupancy−$52,053
TX MB gross tax (6.7%)−$31,453
Utilities / ins / mktg (8%)−$37,556
Card surcharge net+$5,164
Net profit $175,162
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$469,452
COGS (27%)−$126,752
Labor (17%)−$79,807
Occupancy−$57,836
TX MB gross tax (6.7%)−$31,453
Utilities / ins / mktg (10%)−$46,945
Card surcharge net+$5,164
Net profit $131,822
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$469,452
COGS (30%)−$140,836
Labor (22%)−$103,279
Occupancy−$63,620
TX MB gross tax (6.7%)−$31,453
Utilities / ins / mktg (12%)−$56,334
Card surcharge net+$5,164
Net profit $79,093
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 City Of Bryan (3053286) looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $131,822/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 (~$131,822 net) estimated

Revenue multiple
$235k–$376k
0.5–0.8× gross
SDE multiple
$330k–$461k
2.5–3.5× earnings
Cap rate
$399k–$527k
25–33%
Suggested range
$330k–$461k
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 2026-06-30

Lookup pending — check back tomorrow

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