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MB200123250
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Teshica

6119 EDLOE ST, West University Place, TX 77005 · TABC MB200123250

Mixed Beverage West University Place Market Enriched 2026-08-31
$584,280 Annual gross (L12M) ▲ 11.2% latest MoM Click for monthly detail
$48,690 Avg monthly ▲ 32.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $160,727/yr est. net Click for cost model
$402k–$563k Est. acquisition range 0.83× 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): $615,032 – $687,388/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

Teshica is a mixed-beverage licensed establishment at 6119 EDLOE ST, West University Place, Texas (TABC MB200123250). Over the most recent 12 months it reported $584,280 in gross alcohol sales, averaging $48,690/month with a best month of $71,570. Sales mix: ~70% liquor · 5% beer · 25% wine. The building at this address is owned by CARTER JANET E (2,500 sqft, $427,281 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $160,727 (~28% margin). Acquisition value is estimated at $402k–$563k 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
$584,280
Avg monthly
$48,690
Best month
$71,570
May 2026
Sales mix
70% Liq
5% Beer · 25% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0410170030040
Property owner (landlord)CARTER JANET E
Total building SF2,500
Assessed value$427,281

Teshica's share

Est. base rent ~$17/sqft/yr · 3,500 sqft · Class B $4,985/mo
NNN CAM / insurance$748/mo
NNN property tax$427/mo
Personal property tax est — no BPP record $117/mo
Total occupancy $6,277/mo

Occupancy analysis

All-in occupancy cost is 12.9% 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 $584,280 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$584,280
COGS (24%)−$140,227
Labor (14%)−$81,799
Occupancy−$67,790
TX MB gross tax (6.7%)−$39,147
Utilities / ins / mktg (8%)−$46,742
Card surcharge net+$6,427
Net profit $215,002
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$584,280
COGS (27%)−$157,756
Labor (17%)−$99,328
Occupancy−$75,322
TX MB gross tax (6.7%)−$39,147
Utilities / ins / mktg (10%)−$58,428
Card surcharge net+$6,427
Net profit $160,727
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$584,280
COGS (30%)−$175,284
Labor (22%)−$128,542
Occupancy−$82,854
TX MB gross tax (6.7%)−$39,147
Utilities / ins / mktg (12%)−$70,114
Card surcharge net+$6,427
Net profit $94,767
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 Teshica LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $160,727/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 (~$160,727 net) estimated

Revenue multiple
$292k–$467k
0.5–0.8× gross
SDE multiple
$402k–$563k
2.5–3.5× earnings
Cap rate
$487k–$643k
25–33%
Suggested range
$402k–$563k
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 2026-08-01

Lookup pending — check back tomorrow

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