The Top is a mixed-beverage licensed establishment at 4174 W US HIGHWAY 290, Fredericksburg, Texas (TABC MB200139730). Over the most recent 12 months it reported $214,909 in gross alcohol sales, averaging $17,909/month with a best month of $21,980. Sales mix: ~59% liquor · 36% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $59,723 (~28% margin). Acquisition value is estimated at $149k–$209k 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.