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Financials

MB486635
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Beach Waterpark

90 PADRE BLVD, South Padre Island, TX 78597 · TABC MB486635

Mixed Beverage South Padre Island Market Enriched 2026-07-10
$559,304 Annual gross (L12M) ▲ 598.8% latest MoM Click for monthly detail
$69,913 Avg monthly ▲ 55.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $157,136/yr est. net Click for cost model
$393k–$550k 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): $621,449 – $745,739/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

Beach Waterpark is a mixed-beverage licensed establishment at 90 PADRE BLVD, South Padre Island, Texas (TABC MB486635). Over the most recent 12 months it reported $559,304 in gross alcohol sales, averaging $69,913/month with a best month of $163,471. Sales mix: ~62% liquor · 38% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $157,136 (~28% margin). Acquisition value is estimated at $393k–$550k 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
$559,304
Avg monthly
$69,913
Best month
$163,471
Jul 2025
Sales mix
62% Liq
38% 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)$4,894/mo
NNN CAM / insurance$734/mo
Total occupancy$5,735/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 $559,304 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$559,304
COGS (24%)−$134,233
Labor (14%)−$78,303
Occupancy−$61,940
TX MB gross tax (6.7%)−$37,473
Utilities / ins / mktg (8%)−$44,744
Card surcharge net+$6,152
Net profit $208,763
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$559,304
COGS (27%)−$151,012
Labor (17%)−$95,082
Occupancy−$68,822
TX MB gross tax (6.7%)−$37,473
Utilities / ins / mktg (10%)−$55,930
Card surcharge net+$6,152
Net profit $157,136
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$559,304
COGS (30%)−$167,791
Labor (22%)−$123,047
Occupancy−$75,705
TX MB gross tax (6.7%)−$37,473
Utilities / ins / mktg (12%)−$67,116
Card surcharge net+$6,152
Net profit $94,324
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 Enterprize Management INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $157,136/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 (~$157,136 net) estimated

Revenue multiple
$280k–$447k
0.5–0.8× gross
SDE multiple
$393k–$550k
2.5–3.5× earnings
Cap rate
$476k–$629k
25–33%
Suggested range
$393k–$550k
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 2026-07-08

Lookup pending — check back tomorrow

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