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Financials

MB200042914
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Mesquite Pit

3915 HIGHWAY 180 E, Mineral Wells, TX 76067 · TABC MB200042914

Mixed Beverage Mineral Wells Market Enriched 2026-07-12
$288,799 Annual gross (L12M) ▲ 66.8% latest MoM Click for monthly detail
$24,067 Avg monthly ▲ 43.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $80,652/yr est. net Click for cost model
$202k–$282k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $303,999 – $360,999/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

Mesquite Pit is a mixed-beverage licensed establishment at 3915 HIGHWAY 180 E, Mineral Wells, Texas (TABC MB200042914). Over the most recent 12 months it reported $288,799 in gross alcohol sales, averaging $24,067/month with a best month of $34,513. Sales mix: ~65% liquor · 32% beer · 3% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $80,652 (~28% margin). Acquisition value is estimated at $202k–$282k 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
$288,799
Avg monthly
$24,067
Best month
$34,513
May 2026
Sales mix
65% Liq
32% Beer · 3% 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)$2,527/mo
NNN CAM / insurance$379/mo
Total occupancy$3,002/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 $288,799 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$288,799
COGS (24%)−$69,312
Labor (14%)−$40,432
Occupancy−$32,420
TX MB gross tax (6.7%)−$19,350
Utilities / ins / mktg (8%)−$23,104
Card surcharge net+$3,177
Net profit $107,358
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$288,799
COGS (27%)−$77,976
Labor (17%)−$49,096
Occupancy−$36,022
TX MB gross tax (6.7%)−$19,350
Utilities / ins / mktg (10%)−$28,880
Card surcharge net+$3,177
Net profit $80,652
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$288,799
COGS (30%)−$86,640
Labor (22%)−$63,536
Occupancy−$39,625
TX MB gross tax (6.7%)−$19,350
Utilities / ins / mktg (12%)−$34,656
Card surcharge net+$3,177
Net profit $48,170
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 Maynard's Good Stuff LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $80,652/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 (~$80,652 net) estimated

Revenue multiple
$144k–$231k
0.5–0.8× gross
SDE multiple
$202k–$282k
2.5–3.5× earnings
Cap rate
$244k–$323k
25–33%
Suggested range
$202k–$282k
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 2026-07-09

Lookup pending — check back tomorrow

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