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MB1121177
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The Hidden Grove

539 MAIN ST, Schertz, TX 78154 · TABC MB1121177

Mixed Beverage Schertz Market Enriched 2026-08-31
$158,621 Annual gross (L12M) ▼ 13.8% latest MoM Click for monthly detail
$13,218 Avg monthly ▼ 19.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $43,779/yr est. net Click for cost model
$109k–$153k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $166,969 – $186,613/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

The Hidden Grove is a mixed-beverage licensed establishment at 539 MAIN ST, Schertz, Texas (TABC MB1121177). Over the most recent 12 months it reported $158,621 in gross alcohol sales, averaging $13,218/month with a best month of $16,401. Sales mix: ~68% liquor · 32% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $43,779 (~28% margin). Acquisition value is estimated at $109k–$153k 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
$158,621
Avg monthly
$13,218
Best month
$16,401
May 2026
Sales mix
68% Liq
32% 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)$1,388/mo
NNN CAM / insurance$208/mo
Total occupancy$1,692/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 $158,621 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$158,621
COGS (24%)−$38,069
Labor (14%)−$22,207
Occupancy−$18,273
TX MB gross tax (6.7%)−$10,628
Utilities / ins / mktg (8%)−$12,690
Card surcharge net+$1,745
Net profit $58,499
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$158,621
COGS (27%)−$42,828
Labor (17%)−$26,966
Occupancy−$20,303
TX MB gross tax (6.7%)−$10,628
Utilities / ins / mktg (10%)−$15,862
Card surcharge net+$1,745
Net profit $43,779
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$158,621
COGS (30%)−$47,586
Labor (22%)−$34,897
Occupancy−$22,334
TX MB gross tax (6.7%)−$10,628
Utilities / ins / mktg (12%)−$19,035
Card surcharge net+$1,745
Net profit $25,887
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 The Hidden Grove LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $43,779/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 (~$43,779 net) estimated

Revenue multiple
$79k–$127k
0.5–0.8× gross
SDE multiple
$109k–$153k
2.5–3.5× earnings
Cap rate
$133k–$175k
25–33%
Suggested range
$109k–$153k
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.