← Cooper's Ice House /

Financials

MB200156132
Dashboard › Cooper's Ice House › Financial Intelligence

Cooper's Ice House

8403 STATE HIGHWAY 151 STE 101, San Antonio, TX 78245 · TABC MB200156132

Mixed Beverage San Antonio Market Enriched 2026-09-13
$492,890 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$44,808 Avg monthly ▲ 20.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $110,407/yr est. net Click for cost model
$276k–$386k Est. acquisition range 0.67× 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 Icehouse, liquor is typically only 90–98% of total business revenue. Beer-led, minimal food. Estimated total revenue (rough): $502,949 – $547,656/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Cooper's Ice House My bars

Executive Summary

Click to expand full narrative

Cooper's Ice House is a mixed-beverage licensed establishment at 8403 STATE HIGHWAY 151 STE 101, San Antonio, Texas (TABC MB200156132). Over the most recent 12 months it reported $492,890 in gross alcohol sales, averaging $44,808/month with a best month of $53,974. Sales mix: ~43% liquor · 57% beer · 0% wine. The building at this address is owned by JAG-BCII LLC (18,584 sqft, $7,500,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $110,407 (~22% margin). Acquisition value is estimated at $276k–$386k 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
$492,890
Avg monthly
$44,808
Best month
$53,974
Mar 2026
Sales mix
43% Liq
57% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1263583
Property owner (landlord)JAG-BCII LLC
Total building SF whole parcel — Cooper's Ice House is in STE 10118,584
Cooper's Ice House's footprint estimated — suite-level not on file 2,500 sf
Assessed value$7,500,000

Cooper's Ice House's share

Est. base rent ~$21/sqft/yr · 2,500 sqft · Class A $4,325/mo
NNN CAM / insurance$649/mo
NNN property tax$1,934/mo
Personal property tax own fixtures · Prop 1273194 $486/mo
Total occupancy $7,393/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $492,890 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$492,890
COGS (24%)−$118,294
Labor (14%)−$69,005
Occupancy−$79,848
TX MB gross tax (6.7%)−$33,024
Utilities / ins / mktg (8%)−$39,431
Card surcharge net+$5,422
Net profit $158,711
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$492,890
COGS (27%)−$133,080
Labor (17%)−$83,791
Occupancy−$88,720
TX MB gross tax (6.7%)−$33,024
Utilities / ins / mktg (10%)−$49,289
Card surcharge net+$5,422
Net profit $110,407
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$492,890
COGS (30%)−$147,867
Labor (22%)−$108,436
Occupancy−$97,592
TX MB gross tax (6.7%)−$33,024
Utilities / ins / mktg (12%)−$59,147
Card surcharge net+$5,422
Net profit $52,246
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 151 Ice House LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $110,407/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 (~$110,407 net) estimated

Revenue multiple
$246k–$394k
0.5–0.8× gross
SDE multiple
$276k–$386k
2.5–3.5× earnings
Cap rate
$335k–$442k
25–33%
Suggested range
$276k–$386k
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 2026-06-14

Lookup pending — check back tomorrow

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