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Financials

MB200167182
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Savage Tiki Lounge

1625 UNIVERSITY AVE, Lubbock, TX 79401 · TABC MB200167182

Mixed Beverage Lubbock Market Enriched 2026-07-12
$476,584 Annual gross (L12M) ▼ 1.7% latest MoM Click for monthly detail
$39,715 Avg monthly ▼ 16.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $133,842/yr est. net Click for cost model
$335k–$468k 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $529,538 – $635,445/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Savage Tiki Lounge is a mixed-beverage licensed establishment at 1625 UNIVERSITY AVE, Lubbock, Texas (TABC MB200167182). Over the most recent 12 months it reported $476,584 in gross alcohol sales, averaging $39,715/month with a best month of $47,656. Sales mix: ~74% liquor · 23% beer · 2% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $133,842 (~28% margin). Acquisition value is estimated at $335k–$468k 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
$476,584
Avg monthly
$39,715
Best month
$47,656
Oct 2025
Sales mix
74% Liq
23% Beer · 2% 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)$4,170/mo
NNN CAM / insurance$626/mo
Total occupancy$4,891/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 $476,584 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$476,584
COGS (24%)−$114,380
Labor (14%)−$66,722
Occupancy−$52,828
TX MB gross tax (6.7%)−$31,931
Utilities / ins / mktg (8%)−$38,127
Card surcharge net+$5,242
Net profit $177,839
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$476,584
COGS (27%)−$128,678
Labor (17%)−$81,019
Occupancy−$58,698
TX MB gross tax (6.7%)−$31,931
Utilities / ins / mktg (10%)−$47,658
Card surcharge net+$5,242
Net profit $133,842
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$476,584
COGS (30%)−$142,975
Labor (22%)−$104,848
Occupancy−$64,567
TX MB gross tax (6.7%)−$31,931
Utilities / ins / mktg (12%)−$57,190
Card surcharge net+$5,242
Net profit $80,314
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 Lbktiki LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $133,842/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 (~$133,842 net) estimated

Revenue multiple
$238k–$381k
0.5–0.8× gross
SDE multiple
$335k–$468k
2.5–3.5× earnings
Cap rate
$406k–$535k
25–33%
Suggested range
$335k–$468k
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

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