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Financials

MB408627
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Courtyard By Marriott

101 WASHINGTON AVE, Waco, TX 76701 · TABC MB408627

Mixed Beverage Waco Market Enriched 2026-09-26
$103,369 Annual gross (L12M) ▲ 36.4% latest MoM Click for monthly detail
$8,614 Avg monthly ▲ 44.1% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $28,129/yr est. net Click for cost model
$70k–$98k 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $114,854 – $147,670/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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Courtyard By Marriott is a mixed-beverage licensed establishment at 101 WASHINGTON AVE, Waco, Texas (TABC MB408627). Over the most recent 12 months it reported $103,369 in gross alcohol sales, averaging $8,614/month with a best month of $12,415. Sales mix: ~35% liquor · 47% beer · 18% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $28,129 (~27% margin). Acquisition value is estimated at $70k–$98k 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
$103,369
Avg monthly
$8,614
Best month
$12,415
Aug 2026
Sales mix
35% Liq
47% Beer · 18% 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)$904/mo
NNN CAM / insurance$136/mo
Total occupancy$1,136/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 $103,369 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$103,369
COGS (24%)−$24,809
Labor (14%)−$14,472
Occupancy−$12,269
TX MB gross tax (6.7%)−$6,926
Utilities / ins / mktg (8%)−$8,270
Card surcharge net+$1,137
Net profit $37,762
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$103,369
COGS (27%)−$27,910
Labor (17%)−$17,573
Occupancy−$13,632
TX MB gross tax (6.7%)−$6,926
Utilities / ins / mktg (10%)−$10,337
Card surcharge net+$1,137
Net profit $28,129
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$103,369
COGS (30%)−$31,011
Labor (22%)−$22,741
Occupancy−$14,995
TX MB gross tax (6.7%)−$6,926
Utilities / ins / mktg (12%)−$12,404
Card surcharge net+$1,137
Net profit $16,429
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 Johnnie Waco II INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $28,129/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 (~$28,129 net) estimated

Revenue multiple
$52k–$83k
0.5–0.8× gross
SDE multiple
$70k–$98k
2.5–3.5× earnings
Cap rate
$85k–$113k
25–33%
Suggested range
$70k–$98k
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 2026-06-03

Lookup pending — check back tomorrow

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