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Financials

MB200075770
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Cork & Pig Tavern

2467 N JUDGE ELY BLVD, Abilene, TX 79601 · TABC MB200075770

Mixed Beverage Abilene Market Enriched 2026-06-15
$1,326,685 Annual gross (L12M) ▼ 11.6% latest MoM Click for monthly detail
$110,557 Avg monthly ▲ 10.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $372,732/yr est. net Click for cost model
$932k–$1,305k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,396,511 – $1,560,806/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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Cork & Pig Tavern is a mixed-beverage licensed establishment at 2467 N JUDGE ELY BLVD, Abilene, Texas (TABC MB200075770). Over the most recent 12 months it reported $1,326,685 in gross alcohol sales, averaging $110,557/month with a best month of $138,178. Sales mix: ~60% liquor · 18% beer · 22% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $372,732 (~28% margin). Acquisition value is estimated at $932k–$1,305k 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
$1,326,685
Avg monthly
$110,557
Best month
$138,178
Mar 2026
Sales mix
60% Liq
18% Beer · 22% 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)$11,608/mo
NNN CAM / insurance$1,741/mo
Total occupancy$13,604/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 $1,326,685 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,326,685
COGS (24%)−$318,404
Labor (14%)−$185,736
Occupancy−$146,924
TX MB gross tax (6.7%)−$88,888
Utilities / ins / mktg (8%)−$106,135
Card surcharge net+$14,594
Net profit $495,192
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,326,685
COGS (27%)−$358,205
Labor (17%)−$225,536
Occupancy−$163,249
TX MB gross tax (6.7%)−$88,888
Utilities / ins / mktg (10%)−$132,668
Card surcharge net+$14,594
Net profit $372,732
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,326,685
COGS (30%)−$398,006
Labor (22%)−$291,871
Occupancy−$179,573
TX MB gross tax (6.7%)−$88,888
Utilities / ins / mktg (12%)−$159,202
Card surcharge net+$14,594
Net profit $223,739
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 Cork & Pig Tavern - Allen Ridge LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $372,732/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 (~$372,732 net) estimated

Revenue multiple
$663k–$1.06M
0.5–0.8× gross
SDE multiple
$932k–$1.30M
2.5–3.5× earnings
Cap rate
$1.13M–$1.49M
25–33%
Suggested range
$932k–$1,305k
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 2026-06-08

Lookup pending — check back tomorrow

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