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Financials

MB200136992
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La Sirena Cocktails

113 E CONCHO AVE STE 160, San Angelo, TX 76903 · TABC MB200136992

Mixed Beverage San Angelo Market Enriched 2026-07-11
$490,994 Annual gross (L12M) ▲ 18.5% latest MoM Click for monthly detail
$40,916 Avg monthly ▼ 0.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $137,924/yr est. net Click for cost model
$345k–$483k 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): $490,994 – $545,549/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

La Sirena Cocktails is a mixed-beverage licensed establishment at 113 E CONCHO AVE STE 160, San Angelo, Texas (TABC MB200136992). Over the most recent 12 months it reported $490,994 in gross alcohol sales, averaging $40,916/month with a best month of $54,637. Sales mix: ~92% liquor · 7% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $137,924 (~28% margin). Acquisition value is estimated at $345k–$483k 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
$490,994
Avg monthly
$40,916
Best month
$54,637
Dec 2025
Sales mix
92% Liq
7% 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)$4,296/mo
NNN CAM / insurance$644/mo
Total occupancy$5,036/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 $490,994 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$490,994
COGS (24%)−$117,839
Labor (14%)−$68,739
Occupancy−$54,394
TX MB gross tax (6.7%)−$32,897
Utilities / ins / mktg (8%)−$39,280
Card surcharge net+$5,401
Net profit $183,247
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$490,994
COGS (27%)−$132,568
Labor (17%)−$83,469
Occupancy−$60,438
TX MB gross tax (6.7%)−$32,897
Utilities / ins / mktg (10%)−$49,099
Card surcharge net+$5,401
Net profit $137,924
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$490,994
COGS (30%)−$147,298
Labor (22%)−$108,019
Occupancy−$66,481
TX MB gross tax (6.7%)−$32,897
Utilities / ins / mktg (12%)−$58,919
Card surcharge net+$5,401
Net profit $82,781
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 La Sirena Cocktails LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $137,924/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 (~$137,924 net) estimated

Revenue multiple
$245k–$393k
0.5–0.8× gross
SDE multiple
$345k–$483k
2.5–3.5× earnings
Cap rate
$418k–$552k
25–33%
Suggested range
$345k–$483k
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.