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Financials

MB1129213
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Mcnarrow Bar

1500 BROADWAY STE 102, Lubbock, TX 79401 · TABC MB1129213

Mixed Beverage Lubbock Market Enriched 2026-08-18
$222,639 Annual gross (L12M) ▼ 21.1% latest MoM Click for monthly detail
$18,553 Avg monthly ▼ 26.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $61,912/yr est. net Click for cost model
$155k–$217k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $222,639 – $247,377/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

Mcnarrow Bar is a mixed-beverage licensed establishment at 1500 BROADWAY STE 102, Lubbock, Texas (TABC MB1129213). Over the most recent 12 months it reported $222,639 in gross alcohol sales, averaging $18,553/month with a best month of $23,711. Sales mix: ~86% liquor · 10% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $61,912 (~28% margin). Acquisition value is estimated at $155k–$217k 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
$222,639
Avg monthly
$18,553
Best month
$23,711
Aug 2025
Sales mix
86% Liq
10% Beer · 4% 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)$1,948/mo
NNN CAM / insurance$292/mo
Total occupancy$2,336/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 $222,639 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$222,639
COGS (24%)−$53,433
Labor (14%)−$31,169
Occupancy−$25,230
TX MB gross tax (6.7%)−$14,917
Utilities / ins / mktg (8%)−$17,811
Card surcharge net+$2,449
Net profit $82,527
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$222,639
COGS (27%)−$60,113
Labor (17%)−$37,849
Occupancy−$28,034
TX MB gross tax (6.7%)−$14,917
Utilities / ins / mktg (10%)−$22,264
Card surcharge net+$2,449
Net profit $61,912
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$222,639
COGS (30%)−$66,792
Labor (22%)−$48,981
Occupancy−$30,837
TX MB gross tax (6.7%)−$14,917
Utilities / ins / mktg (12%)−$26,717
Card surcharge net+$2,449
Net profit $36,845
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 Mcnarrow Bar LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $61,912/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 (~$61,912 net) estimated

Revenue multiple
$111k–$178k
0.5–0.8× gross
SDE multiple
$155k–$217k
2.5–3.5× earnings
Cap rate
$188k–$248k
25–33%
Suggested range
$155k–$217k
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 2026-06-14

No federal lawsuits — past or pending