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Financials

MB200121568
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Blue Bonnet Palace

17630 LOOKOUT RD, Selma, TX 78154 · TABC MB200121568

Mixed Beverage Selma Market Enriched 2026-06-15
$1,011,013 Annual gross (L12M) ▼ 18.5% latest MoM Click for monthly detail
$84,251 Avg monthly ▼ 39.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $284,347/yr est. net Click for cost model
$711k–$995k 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,444,304 – $2,022,026/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

Blue Bonnet Palace is a mixed-beverage licensed establishment at 17630 LOOKOUT RD, Selma, Texas (TABC MB200121568). Over the most recent 12 months it reported $1,011,013 in gross alcohol sales, averaging $84,251/month with a best month of $108,727. Sales mix: ~64% liquor · 34% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $284,347 (~28% margin). Acquisition value is estimated at $711k–$995k 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
$1,011,013
Avg monthly
$84,251
Best month
$108,727
Aug 2025
Sales mix
64% Liq
34% Beer · 1% 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)$8,846/mo
NNN CAM / insurance$1,327/mo
Total occupancy$10,342/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 $1,011,013 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,011,013
COGS (24%)−$242,643
Labor (14%)−$141,542
Occupancy−$111,692
TX MB gross tax (6.7%)−$67,738
Utilities / ins / mktg (8%)−$80,881
Card surcharge net+$11,121
Net profit $377,639
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,011,013
COGS (27%)−$272,974
Labor (17%)−$171,872
Occupancy−$124,102
TX MB gross tax (6.7%)−$67,738
Utilities / ins / mktg (10%)−$101,101
Card surcharge net+$11,121
Net profit $284,347
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,011,013
COGS (30%)−$303,304
Labor (22%)−$222,423
Occupancy−$136,512
TX MB gross tax (6.7%)−$67,738
Utilities / ins / mktg (12%)−$121,322
Card surcharge net+$11,121
Net profit $170,836
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 Bbp Operations LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $284,347/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 (~$284,347 net) estimated

Revenue multiple
$506k–$809k
0.5–0.8× gross
SDE multiple
$711k–$995k
2.5–3.5× earnings
Cap rate
$862k–$1.14M
25–33%
Suggested range
$711k–$995k
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 2026-06-23

Lookup pending — check back tomorrow

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