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Financials

MB540852
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Saltgrass Steakhouse #8

11745 W INTERSTATE 10, San Antonio, TX 78230 · TABC MB540852

Mixed Beverage San Antonio Market Enriched 2026-07-10
$594,632 Annual gross (L12M) ▲ 4.3% latest MoM Click for monthly detail
$49,553 Avg monthly ▲ 3.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $133,198/yr est. net Click for cost model
$333k–$466k Est. acquisition range 0.67× 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $1,486,580 – $2,378,528/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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Saltgrass Steakhouse #8 is a mixed-beverage licensed establishment at 11745 W INTERSTATE 10, San Antonio, Texas (TABC MB540852). Over the most recent 12 months it reported $594,632 in gross alcohol sales, averaging $49,553/month with a best month of $60,903. Sales mix: ~60% liquor · 21% beer · 18% wine. The building at this address is owned by KRG SAN ANTONIO HUEBNER OAKS LLC (8,207 sqft, $2,975,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $133,198 (~22% margin). Acquisition value is estimated at $333k–$466k 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
$594,632
Avg monthly
$49,553
Best month
$60,903
Dec 2025
Sales mix
60% Liq
21% Beer · 18% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID630306
Property owner (landlord)KRG SAN ANTONIO HUEBNER OAKS LLC
Total building SF8,207
Assessed value$2,975,000

Saltgrass Steakhouse #8's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class A $5,542/mo
NNN CAM / insurance$831/mo
NNN property tax$2,432/mo
Personal property tax est — no BPP record $114/mo
Total occupancy $8,919/mo

Occupancy analysis

All-in occupancy cost is 18.0% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $594,632 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$594,632
COGS (24%)−$142,712
Labor (14%)−$83,248
Occupancy−$96,330
TX MB gross tax (6.7%)−$39,840
Utilities / ins / mktg (8%)−$47,571
Card surcharge net+$6,541
Net profit $191,472
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$594,632
COGS (27%)−$160,551
Labor (17%)−$101,087
Occupancy−$107,034
TX MB gross tax (6.7%)−$39,840
Utilities / ins / mktg (10%)−$59,463
Card surcharge net+$6,541
Net profit $133,198
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$594,632
COGS (30%)−$178,390
Labor (22%)−$130,819
Occupancy−$117,737
TX MB gross tax (6.7%)−$39,840
Utilities / ins / mktg (12%)−$71,356
Card surcharge net+$6,541
Net profit $63,031
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 Saltgrass INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $133,198/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 (~$133,198 net) estimated

Revenue multiple
$297k–$476k
0.5–0.8× gross
SDE multiple
$333k–$466k
2.5–3.5× earnings
Cap rate
$404k–$533k
25–33%
Suggested range
$333k–$466k
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 · Steakhouse

If you're buying the whole restaurant, not just the bar program

We estimate this steakhouse pulls $1,486,580–$2,378,528/yr in total revenue (your liquor portion of $594,632 is roughly 25–40% 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
$1,487k–$2,379k
food + liquor + service
Estimated net (10–15%)
$149k–$357k
restaurant margin
Full-business value
$409k–$1,308k
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 2026-05-22

Lookup pending — check back tomorrow

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