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MB200143057
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Silverhorn Golf Club

1100 W BITTERS RD, San Antonio, TX 78216 · TABC MB200143057

Mixed Beverage San Antonio Market Enriched 2026-07-11
$578,472 Annual gross (L12M) ▲ 8.9% latest MoM Click for monthly detail
$48,206 Avg monthly ▲ 50.8% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $232,288/yr est. net Click for cost model
$581k–$578k Est. acquisition range 1.00× 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 Private Club, liquor is typically only 40–65% of total business revenue. Mixed — depends on dining vs bar focus. Estimated total revenue (rough): $889,957 – $1,446,180/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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Silverhorn Golf Club is a mixed-beverage licensed establishment at 1100 W BITTERS RD, San Antonio, Texas (TABC MB200143057). Over the most recent 12 months it reported $578,472 in gross alcohol sales, averaging $48,206/month with a best month of $72,678. Sales mix: ~46% liquor · 53% beer · 1% wine. The building at this address is owned by SSB SILVERHORN I LLC $1,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $232,288 (~40% margin). Acquisition value is estimated at $581k–$578k 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
$578,472
Avg monthly
$48,206
Best month
$72,678
May 2026
Sales mix
46% Liq
53% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID637605
Property owner (landlord)SSB SILVERHORN I LLC
Assessed value$1,000

Silverhorn Golf Club's share

Est. base rent ~$0/sqft/yr · 3,500 sqft · Class C $5/mo
NNN CAM / insurance$1/mo
NNN property tax$1/mo
Personal property tax est — no BPP record $111/mo
Total occupancy $118/mo

Occupancy analysis

All-in occupancy cost is 0.2% 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 $578,472 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$578,472
COGS (24%)−$138,833
Labor (14%)−$80,986
Occupancy−$1,273
TX MB gross tax (6.7%)−$38,758
Utilities / ins / mktg (8%)−$46,278
Card surcharge net+$6,363
Net profit $278,707
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$578,472
COGS (27%)−$156,187
Labor (17%)−$98,340
Occupancy−$1,414
TX MB gross tax (6.7%)−$38,758
Utilities / ins / mktg (10%)−$57,847
Card surcharge net+$6,363
Net profit $232,288
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$578,472
COGS (30%)−$173,542
Labor (22%)−$127,264
Occupancy−$1,556
TX MB gross tax (6.7%)−$38,758
Utilities / ins / mktg (12%)−$69,417
Card surcharge net+$6,363
Net profit $174,300
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 Ssb Beverage LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $232,288/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 (~$232,288 net) estimated

Revenue multiple
$289k–$463k
0.5–0.8× gross
SDE multiple
$581k–$813k
2.5–3.5× earnings
Cap rate
$704k–$929k
25–33%
Suggested range
$581k–$578k
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 2026-07-05

No federal lawsuits — past or pending