Facility Concession Services @ Whitewater is a mixed-beverage licensed establishment at 11860 FM 306, New Braunfels, Texas (TABC MB200158381). Over the most recent 12 months it reported $1,055,790 in gross alcohol sales, averaging $211,158/month with a best month of $704,080. Sales mix: ~51% liquor · 49% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $296,941 (~28% margin). Acquisition value is estimated at $742k–$1,039k 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.