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MB200175609
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El Sinaloense Mariscos & Bar

103 S A ST, Midland, TX 79701 · TABC MB200175609

Mixed Beverage Midland Market Enriched 2026-08-29
$136,166 Annual gross (L12M) ▼ 0.1% latest MoM Click for monthly detail
$34,042 Avg monthly ▲ 5.9% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $37,419/yr est. net Click for cost model
$94k–$131k Est. acquisition range 0.82× 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): $302,591 – $544,664/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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El Sinaloense Mariscos & Bar is a mixed-beverage licensed establishment at 103 S A ST, Midland, Texas (TABC MB200175609). Over the most recent 12 months it reported $136,166 in gross alcohol sales, averaging $34,042/month with a best month of $38,734. Sales mix: ~55% liquor · 45% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $37,419 (~27% margin). Acquisition value is estimated at $94k–$131k 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
$136,166
Avg monthly
$34,042
Best month
$38,734
May 2026
Sales mix
55% Liq
45% Beer · 0% 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)$1,191/mo
NNN CAM / insurance$179/mo
Total occupancy$1,466/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 $136,166 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$136,166
COGS (24%)−$32,680
Labor (14%)−$19,063
Occupancy−$15,833
TX MB gross tax (6.7%)−$9,123
Utilities / ins / mktg (8%)−$10,893
Card surcharge net+$1,498
Net profit $50,072
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$136,166
COGS (27%)−$36,765
Labor (17%)−$23,148
Occupancy−$17,592
TX MB gross tax (6.7%)−$9,123
Utilities / ins / mktg (10%)−$13,617
Card surcharge net+$1,498
Net profit $37,419
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$136,166
COGS (30%)−$40,850
Labor (22%)−$29,957
Occupancy−$19,351
TX MB gross tax (6.7%)−$9,123
Utilities / ins / mktg (12%)−$16,340
Card surcharge net+$1,498
Net profit $22,043
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 El Sinaloense Mariscos & Bar LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $37,419/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 (~$37,419 net) estimated

Revenue multiple
$68k–$109k
0.5–0.8× gross
SDE multiple
$94k–$131k
2.5–3.5× earnings
Cap rate
$113k–$150k
25–33%
Suggested range
$94k–$131k
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 $302,591–$544,664/yr in total revenue (your liquor portion of $136,166 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
$303k–$545k
food + liquor + service
Estimated net (10–15%)
$30k–$82k
restaurant margin
Full-business value
$83k–$300k
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 2026-07-08

Lookup pending — check back tomorrow

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