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MB200045991
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Tony And Luigis Mediterranean

1201 S CHURCH ST, Georgetown, TX 78626 · TABC MB200045991

Mixed Beverage Georgetown Market Enriched 2026-07-10
$370,591 Annual gross (L12M) ▲ 1.4% latest MoM Click for monthly detail
$30,883 Avg monthly ▲ 5.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $103,920/yr est. net Click for cost model
$260k–$364k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $823,536 – $1,482,364/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Tony And Luigis Mediterranean is a mixed-beverage licensed establishment at 1201 S CHURCH ST, Georgetown, Texas (TABC MB200045991). Over the most recent 12 months it reported $370,591 in gross alcohol sales, averaging $30,883/month with a best month of $39,487. Sales mix: ~38% liquor · 7% beer · 55% wine. The building at this address is owned by ZULCIC LLC $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $103,920 (~28% margin). Acquisition value is estimated at $260k–$364k 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
$370,591
Avg monthly
$30,883
Best month
$39,487
Dec 2025
Sales mix
38% Liq
7% Beer · 55% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record IDR041529
Property owner (landlord)ZULCIC LLC
Assessed value$0

Tony And Luigis Mediterranean's share

Est. base rent ~$16/sqft/yr · 2,500 sqft $3,243/mo
NNN CAM / insurance$486/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $88/mo
Total occupancy $3,817/mo

Occupancy analysis

All-in occupancy cost is 12.4% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $370,591 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$370,591
COGS (24%)−$88,942
Labor (14%)−$51,883
Occupancy−$41,219
TX MB gross tax (6.7%)−$24,830
Utilities / ins / mktg (8%)−$29,647
Card surcharge net+$4,077
Net profit $138,147
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$370,591
COGS (27%)−$100,060
Labor (17%)−$63,000
Occupancy−$45,799
TX MB gross tax (6.7%)−$24,830
Utilities / ins / mktg (10%)−$37,059
Card surcharge net+$4,077
Net profit $103,920
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$370,591
COGS (30%)−$111,177
Labor (22%)−$81,530
Occupancy−$50,379
TX MB gross tax (6.7%)−$24,830
Utilities / ins / mktg (12%)−$44,471
Card surcharge net+$4,077
Net profit $62,281
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 Rising Latkes LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $103,920/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 (~$103,920 net) estimated

Revenue multiple
$185k–$296k
0.5–0.8× gross
SDE multiple
$260k–$364k
2.5–3.5× earnings
Cap rate
$315k–$416k
25–33%
Suggested range
$260k–$364k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $823,536–$1,482,364/yr in total revenue (your liquor portion of $370,591 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$824k–$1,482k
food + liquor + service
Estimated net (10–15%)
$82k–$222k
restaurant margin
Full-business value
$226k–$815k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-07-09

No federal lawsuits — past or pending