← Blacks Beverage CO /

Financials

MB1126861
Dashboard › Blacks Beverage CO › Financial Intelligence

Blacks Beverage CO

900 N COLORADO ST, Lockhart, TX 78644 · TABC MB1126861

Mixed Beverage Lockhart Market Enriched 2026-07-11
$145,171 Annual gross (L12M) ▼ 14.5% latest MoM Click for monthly detail
$12,098 Avg monthly ▲ 10.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $39,970/yr est. net Click for cost model
$100k–$140k 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): $152,812 – $170,789/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Blacks Beverage CO My bars

Executive Summary

Click to expand full narrative

Blacks Beverage CO is a mixed-beverage licensed establishment at 900 N COLORADO ST, Lockhart, Texas (TABC MB1126861). Over the most recent 12 months it reported $145,171 in gross alcohol sales, averaging $12,098/month with a best month of $15,619. Sales mix: ~21% liquor · 74% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $39,970 (~28% margin). Acquisition value is estimated at $100k–$140k 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
$145,171
Avg monthly
$12,098
Best month
$15,619
Apr 2026
Sales mix
21% Liq
74% Beer · 5% 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)$1,270/mo
NNN CAM / insurance$191/mo
Total occupancy$1,557/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 $145,171 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$145,171
COGS (24%)−$34,841
Labor (14%)−$20,324
Occupancy−$16,811
TX MB gross tax (6.7%)−$9,726
Utilities / ins / mktg (8%)−$11,614
Card surcharge net+$1,597
Net profit $53,451
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$145,171
COGS (27%)−$39,196
Labor (17%)−$24,679
Occupancy−$18,679
TX MB gross tax (6.7%)−$9,726
Utilities / ins / mktg (10%)−$14,517
Card surcharge net+$1,597
Net profit $39,970
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$145,171
COGS (30%)−$43,551
Labor (22%)−$31,938
Occupancy−$20,547
TX MB gross tax (6.7%)−$9,726
Utilities / ins / mktg (12%)−$17,421
Card surcharge net+$1,597
Net profit $23,585
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 Blacks Beverage CO LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $39,970/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 (~$39,970 net) estimated

Revenue multiple
$73k–$116k
0.5–0.8× gross
SDE multiple
$100k–$140k
2.5–3.5× earnings
Cap rate
$121k–$160k
25–33%
Suggested range
$100k–$140k
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 2026-05-25

Lookup pending — check back tomorrow

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