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MB200065956
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Hotel Settles Company LLC

200 E 3RD ST, Big Spring, TX 79720 · TABC MB200065956

Mixed Beverage Big Spring Market Enriched 2026-09-10
$585,708 Annual gross (L12M) ▼ 14.6% latest MoM Click for monthly detail
$48,809 Avg monthly ▼ 6.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $164,555/yr est. net Click for cost model
$411k–$576k 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $650,787 – $836,726/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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Hotel Settles Company LLC is a mixed-beverage licensed establishment at 200 E 3RD ST, Big Spring, Texas (TABC MB200065956). Over the most recent 12 months it reported $585,708 in gross alcohol sales, averaging $48,809/month with a best month of $56,188. Sales mix: ~68% liquor · 23% beer · 9% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $164,555 (~28% margin). Acquisition value is estimated at $411k–$576k 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
$585,708
Avg monthly
$48,809
Best month
$56,188
Dec 2025
Sales mix
68% Liq
23% Beer · 9% 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)$5,125/mo
NNN CAM / insurance$769/mo
Total occupancy$6,006/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 $585,708 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$585,708
COGS (24%)−$140,570
Labor (14%)−$81,999
Occupancy−$64,864
TX MB gross tax (6.7%)−$39,242
Utilities / ins / mktg (8%)−$46,857
Card surcharge net+$6,443
Net profit $218,618
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$585,708
COGS (27%)−$158,141
Labor (17%)−$99,570
Occupancy−$72,071
TX MB gross tax (6.7%)−$39,242
Utilities / ins / mktg (10%)−$58,571
Card surcharge net+$6,443
Net profit $164,555
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$585,708
COGS (30%)−$175,712
Labor (22%)−$128,856
Occupancy−$79,279
TX MB gross tax (6.7%)−$39,242
Utilities / ins / mktg (12%)−$70,285
Card surcharge net+$6,443
Net profit $98,777
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 Settles Hotel Company LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $164,555/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 (~$164,555 net) estimated

Revenue multiple
$293k–$469k
0.5–0.8× gross
SDE multiple
$411k–$576k
2.5–3.5× earnings
Cap rate
$499k–$658k
25–33%
Suggested range
$411k–$576k
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 2026-07-16

Lookup pending — check back tomorrow

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