← Midtown Revue LLC /

Financials

MB200140658
Dashboard › Midtown Revue LLC › Financial Intelligence

Midtown Revue LLC

2014 E HOUSTON ST, San Antonio, TX 78202 · TABC MB200140658

Mixed Beverage San Antonio Market Enriched 2026-07-11
$597,206 Annual gross (L12M) ▲ 15.8% latest MoM Click for monthly detail
$49,767 Avg monthly ▲ 43.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $165,729/yr est. net Click for cost model
$414k–$580k 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): $628,638 – $702,595/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Midtown Revue LLC My bars

Executive Summary

Click to expand full narrative

Midtown Revue LLC is a mixed-beverage licensed establishment at 2014 E HOUSTON ST, San Antonio, Texas (TABC MB200140658). Over the most recent 12 months it reported $597,206 in gross alcohol sales, averaging $49,767/month with a best month of $71,198. Sales mix: ~86% liquor · 11% beer · 3% wine. The building at this address is owned by MONROE JOSEPH & GRADNEY TONY CHRISTOPHER & MOORE WALTER EARL (2,000 sqft, $304,320 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $165,729 (~28% margin). Acquisition value is estimated at $414k–$580k 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
$597,206
Avg monthly
$49,767
Best month
$71,198
May 2026
Sales mix
86% Liq
11% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID141170
Property owner (landlord)MONROE JOSEPH & GRADNEY TONY CHRISTOPHER & MOORE WALTER EARL
Total building SF2,000
Assessed value$304,320

Midtown Revue LLC's share

Est. base rent ~$17/sqft/yr · 3,500 sqft · Class B $4,882/mo
NNN CAM / insurance$732/mo
NNN property tax$292/mo
Personal property tax est — no BPP record $114/mo
Total occupancy $6,020/mo

Occupancy analysis

All-in occupancy cost is 12.1% 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 $597,206 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$597,206
COGS (24%)−$143,329
Labor (14%)−$83,609
Occupancy−$65,018
TX MB gross tax (6.7%)−$40,013
Utilities / ins / mktg (8%)−$47,776
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$6,569
Net profit $220,730
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$597,206
COGS (27%)−$161,246
Labor (17%)−$101,525
Occupancy−$72,242
TX MB gross tax (6.7%)−$40,013
Utilities / ins / mktg (10%)−$59,721
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$6,569
Net profit $165,729
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$597,206
COGS (30%)−$179,162
Labor (22%)−$131,385
Occupancy−$79,466
TX MB gross tax (6.7%)−$40,013
Utilities / ins / mktg (12%)−$71,665
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$6,569
Net profit $98,784
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 Midtown Revue LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $165,729/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 (~$165,729 net) estimated

Revenue multiple
$299k–$478k
0.5–0.8× gross
SDE multiple
$414k–$580k
2.5–3.5× earnings
Cap rate
$502k–$663k
25–33%
Suggested range
$414k–$580k
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 2026-07-09

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.