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Financials

MB200115944
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Happy Hour

719 HIGHWAY 183 STE C-320, Liberty Hill, TX 78642 · TABC MB200115944

Mixed Beverage Liberty Hill Market Enriched 2026-08-21
$419,361 Annual gross (L12M) ▼ 12.8% latest MoM Click for monthly detail
$34,947 Avg monthly ▼ 0.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $117,734/yr est. net Click for cost model
$294k–$412k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $419,361 – $465,957/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

Happy Hour is a mixed-beverage licensed establishment at 719 HIGHWAY 183 STE C-320, Liberty Hill, Texas (TABC MB200115944). Over the most recent 12 months it reported $419,361 in gross alcohol sales, averaging $34,947/month with a best month of $42,997. Sales mix: ~48% liquor · 50% beer · 2% wine. The building at this address is owned by MBS FAMILY LP $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $117,734 (~28% margin). Acquisition value is estimated at $294k–$412k 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
$419,361
Avg monthly
$34,947
Best month
$42,997
Jan 2026
Sales mix
48% Liq
50% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record IDR415105
Property owner (landlord)MBS FAMILY LP
Happy Hour's footprint estimated — suite-level not on file 2,500 sf
Assessed value$0

Happy Hour's share

Est. base rent ~$18/sqft/yr · 2,500 sqft $3,669/mo
NNN CAM / insurance$550/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $88/mo
Total occupancy $4,307/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $419,361 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$419,361
COGS (24%)−$100,647
Labor (14%)−$58,711
Occupancy−$46,519
TX MB gross tax (6.7%)−$28,097
Utilities / ins / mktg (8%)−$33,549
Card surcharge net+$4,613
Net profit $156,452
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$419,361
COGS (27%)−$113,227
Labor (17%)−$71,291
Occupancy−$51,688
TX MB gross tax (6.7%)−$28,097
Utilities / ins / mktg (10%)−$41,936
Card surcharge net+$4,613
Net profit $117,734
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$419,361
COGS (30%)−$125,808
Labor (22%)−$92,259
Occupancy−$56,857
TX MB gross tax (6.7%)−$28,097
Utilities / ins / mktg (12%)−$50,323
Card surcharge net+$4,613
Net profit $70,629
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 Hill Country Bar LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $117,734/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 (~$117,734 net) estimated

Revenue multiple
$210k–$335k
0.5–0.8× gross
SDE multiple
$294k–$412k
2.5–3.5× earnings
Cap rate
$357k–$471k
25–33%
Suggested range
$294k–$412k
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 2026-07-03

No federal lawsuits — past or pending