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Financials

MB200121703
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Sip Yard

123 W COTTER AVE, Port Aransas, TX 78373 · TABC MB200121703

Mixed Beverage Port Aransas Market Enriched 2026-05-24
$1,805,192 Annual gross (L12M) ▲ 7.2% latest MoM Click for monthly detail
$164,108 Avg monthly ▼ 28.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $507,169/yr est. net Click for cost model
$1,268k–$1,775k 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): $1,805,192 – $2,005,769/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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Sip Yard is a mixed-beverage licensed establishment at 123 W COTTER AVE, Port Aransas, Texas (TABC MB200121703). Over the most recent 12 months it reported $1,805,192 in gross alcohol sales, averaging $164,108/month with a best month of $354,151. Sales mix: ~57% liquor · 41% beer · 2% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $507,169 (~28% margin). Acquisition value is estimated at $1,268k–$1,775k 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
$1,805,192
Avg monthly
$164,108
Best month
$354,151
Jul 2025
Sales mix
57% Liq
41% Beer · 2% 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)$15,795/mo
NNN CAM / insurance$2,369/mo
Total occupancy$18,511/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 $1,805,192 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,805,192
COGS (24%)−$433,246
Labor (14%)−$252,727
Occupancy−$199,916
TX MB gross tax (6.7%)−$120,948
Utilities / ins / mktg (8%)−$144,415
Card surcharge net+$19,857
Net profit $673,797
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,805,192
COGS (27%)−$487,402
Labor (17%)−$306,883
Occupancy−$222,129
TX MB gross tax (6.7%)−$120,948
Utilities / ins / mktg (10%)−$180,519
Card surcharge net+$19,857
Net profit $507,169
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,805,192
COGS (30%)−$541,558
Labor (22%)−$397,142
Occupancy−$244,342
TX MB gross tax (6.7%)−$120,948
Utilities / ins / mktg (12%)−$216,623
Card surcharge net+$19,857
Net profit $304,437
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 Sip Yard LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $507,169/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 (~$507,169 net) estimated

Revenue multiple
$903k–$1.44M
0.5–0.8× gross
SDE multiple
$1.27M–$1.78M
2.5–3.5× earnings
Cap rate
$1.54M–$2.03M
25–33%
Suggested range
$1,268k–$1,775k
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 2026-06-04

Lookup pending — check back tomorrow

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