4025 S LOOP 289, Lubbock, TX 79423 · TABC MB249483
Click to expand full narrative
Applebee's Neighborhood Grill & Bar is a mixed-beverage licensed establishment at 4025 S LOOP 289, Lubbock, Texas (TABC MB249483). Over the most recent 12 months it reported $157,440 in gross alcohol sales, averaging $13,120/month with a best month of $16,771. Sales mix: ~69% liquor · 30% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $43,445 (~28% margin). Acquisition value is estimated at $109k–$152k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Estimated occupancy heuristic
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.
Texas bar cost model applied to $157,440 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$43,445 net) estimated
We estimate this restaurant / bar pulls $349,867–$629,760/yr in total revenue (your liquor portion of $157,440 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).
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.
3 cases on file · 1 currently open · public records
—