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Financials

MB200174663
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Santomar Botana Y Precopeo

418 W WADLEY AVE, Midland, TX 79705 · TABC MB200174663

Mixed Beverage Midland Market Enriched 2026-07-10
$760,763 Annual gross (L12M) ▲ 12.1% latest MoM Click for monthly detail
$95,095 Avg monthly ▲ 2.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $213,736/yr est. net Click for cost model
$534k–$748k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $760,763 – $845,292/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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Santomar Botana Y Precopeo is a mixed-beverage licensed establishment at 418 W WADLEY AVE, Midland, Texas (TABC MB200174663). Over the most recent 12 months it reported $760,763 in gross alcohol sales, averaging $95,095/month with a best month of $115,693. Sales mix: ~76% liquor · 16% beer · 9% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $213,736 (~28% margin). Acquisition value is estimated at $534k–$748k 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
$760,763
Avg monthly
$95,095
Best month
$115,693
Nov 2025
Sales mix
76% Liq
16% Beer · 9% 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)$6,657/mo
NNN CAM / insurance$999/mo
Total occupancy$7,801/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 $760,763 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$760,763
COGS (24%)−$182,583
Labor (14%)−$106,507
Occupancy−$84,251
TX MB gross tax (6.7%)−$50,971
Utilities / ins / mktg (8%)−$60,861
Card surcharge net+$8,368
Net profit $283,959
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$760,763
COGS (27%)−$205,406
Labor (17%)−$129,330
Occupancy−$93,612
TX MB gross tax (6.7%)−$50,971
Utilities / ins / mktg (10%)−$76,076
Card surcharge net+$8,368
Net profit $213,736
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$760,763
COGS (30%)−$228,229
Labor (22%)−$167,368
Occupancy−$102,973
TX MB gross tax (6.7%)−$50,971
Utilities / ins / mktg (12%)−$91,292
Card surcharge net+$8,368
Net profit $128,299
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 Cieloazul7 LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $213,736/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 (~$213,736 net) estimated

Revenue multiple
$380k–$609k
0.5–0.8× gross
SDE multiple
$534k–$748k
2.5–3.5× earnings
Cap rate
$648k–$855k
25–33%
Suggested range
$534k–$748k
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 2026-05-25

No federal lawsuits — past or pending