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Financials

MB200165793
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Skip Jack's Bar & Grill

101 RAINLILY CIR, Port Aransas, TX 78373 · TABC MB200165793

Mixed Beverage Port Aransas Market Enriched 2026-06-17
$934,468 Annual gross (L12M) ▼ 37.5% latest MoM Click for monthly detail
$77,872 Avg monthly ▼ 23.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $262,539/yr est. net Click for cost model
$656k–$919k Est. acquisition range 0.84× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,076,596 – $3,737,872/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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Skip Jack's Bar & Grill is a mixed-beverage licensed establishment at 101 RAINLILY CIR, Port Aransas, Texas (TABC MB200165793). Over the most recent 12 months it reported $934,468 in gross alcohol sales, averaging $77,872/month with a best month of $186,113. Sales mix: ~71% liquor · 27% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $262,539 (~28% margin). Acquisition value is estimated at $656k–$919k 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
$934,468
Avg monthly
$77,872
Best month
$186,113
Jul 2025
Sales mix
71% Liq
27% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$8,177/mo
NNN CAM / insurance$1,226/mo
Total occupancy$9,582/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $934,468 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$934,468
COGS (24%)−$224,272
Labor (14%)−$130,826
Occupancy−$103,488
TX MB gross tax (6.7%)−$62,609
Utilities / ins / mktg (8%)−$74,757
Card surcharge net+$10,279
Net profit $348,795
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$934,468
COGS (27%)−$252,306
Labor (17%)−$158,860
Occupancy−$114,986
TX MB gross tax (6.7%)−$62,609
Utilities / ins / mktg (10%)−$93,447
Card surcharge net+$10,279
Net profit $262,539
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$934,468
COGS (30%)−$280,340
Labor (22%)−$205,583
Occupancy−$126,485
TX MB gross tax (6.7%)−$62,609
Utilities / ins / mktg (12%)−$112,136
Card surcharge net+$10,279
Net profit $157,593
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 L & H Beach LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $262,539/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 (~$262,539 net) estimated

Revenue multiple
$467k–$748k
0.5–0.8× gross
SDE multiple
$656k–$919k
2.5–3.5× earnings
Cap rate
$796k–$1.05M
25–33%
Suggested range
$656k–$919k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $2,076,596–$3,737,872/yr in total revenue (your liquor portion of $934,468 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$2,077k–$3,738k
food + liquor + service
Estimated net (10–15%)
$208k–$561k
restaurant margin
Full-business value
$571k–$2,056k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-03

Lookup pending — check back tomorrow

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