Watering Hole is a mixed-beverage licensed establishment at 5883 FM 2853, Palacios, Texas (TABC MB200101053). Over the most recent 12 months it reported $210,692 in gross alcohol sales, averaging $17,558/month with a best month of $22,013. Sales mix: ~50% liquor · 49% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $58,529 (~28% margin). Acquisition value is estimated at $146k–$205k 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.