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Financials

MB620765
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El Paso Convention And Performing Art Center

1 CIVIC CENTER PLZ, El Paso, TX 79901 · TABC MB620765

Mixed Beverage El Paso Market Enriched 2026-06-17
$940,411 Annual gross (L12M) ▲ 280.6% latest MoM Click for monthly detail
$78,368 Avg monthly ▲ 103.5% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $377,571/yr est. net Click for cost model
$944k–$940k Est. acquisition range 1.00× 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 Theater, liquor is typically only 20–40% of total business revenue. Concessions liquor. Estimated total revenue (rough): $2,351,028 – $4,702,055/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 Paso Convention And Performing Art Center is a mixed-beverage licensed establishment at 1 CIVIC CENTER PLZ, El Paso, Texas (TABC MB620765). Over the most recent 12 months it reported $940,411 in gross alcohol sales, averaging $78,368/month with a best month of $159,503. Sales mix: ~49% liquor · 47% beer · 3% wine. The building at this address is owned by CITY OF EL PASO $50 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $377,571 (~40% margin). Acquisition value is estimated at $944k–$940k 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
$940,411
Avg monthly
$78,368
Best month
$159,503
Apr 2026
Sales mix
49% Liq
47% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID170360
Property owner (landlord)CITY OF EL PASO
Assessed value$50

El Paso Convention And Performing Art Center's share

Est. base rent ~$0/sqft/yr · 3,500 sqft · Class C $0/mo
NNN CAM / insurance$0/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $196/mo
Total occupancy $196/mo

Occupancy analysis

All-in occupancy cost is 0.3% 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 $940,411 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$940,411
COGS (24%)−$225,699
Labor (14%)−$131,658
Occupancy−$2,120
TX MB gross tax (6.7%)−$63,008
Utilities / ins / mktg (8%)−$75,233
Card surcharge net+$10,345
Net profit $453,039
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$940,411
COGS (27%)−$253,911
Labor (17%)−$159,870
Occupancy−$2,355
TX MB gross tax (6.7%)−$63,008
Utilities / ins / mktg (10%)−$94,041
Card surcharge net+$10,345
Net profit $377,571
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$940,411
COGS (30%)−$282,123
Labor (22%)−$206,890
Occupancy−$2,591
TX MB gross tax (6.7%)−$63,008
Utilities / ins / mktg (12%)−$112,849
Card surcharge net+$10,345
Net profit $283,294
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 Smg F&B Texas LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $377,571/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 (~$377,571 net) estimated

Revenue multiple
$470k–$752k
0.5–0.8× gross
SDE multiple
$944k–$1.32M
2.5–3.5× earnings
Cap rate
$1.14M–$1.51M
25–33%
Suggested range
$944k–$940k
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 · Theater

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

We estimate this theater pulls $2,351,028–$4,702,055/yr in total revenue (your liquor portion of $940,411 is roughly 20–40% 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
$2,351k–$4,702k
food + liquor + service
Estimated net (10–15%)
$235k–$705k
restaurant margin
Full-business value
$647k–$2,586k
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

No federal lawsuits — past or pending