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Financials

MB664989
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Big Sam's Grill & Bar

10514 LEOPARD ST, Corpus Christi, TX 78410 · TABC MB664989

Mixed Beverage Corpus Christi Market Enriched 2026-06-19
$812,585 Annual gross (L12M) ▼ 3.2% latest MoM Click for monthly detail
$67,715 Avg monthly ▼ 1.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $228,296/yr est. net Click for cost model
$571k–$799k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,805,744 – $3,250,340/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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Big Sam's Grill & Bar is a mixed-beverage licensed establishment at 10514 LEOPARD ST, Corpus Christi, Texas (TABC MB664989). Over the most recent 12 months it reported $812,585 in gross alcohol sales, averaging $67,715/month with a best month of $73,878. Sales mix: ~36% liquor · 64% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $228,296 (~28% margin). Acquisition value is estimated at $571k–$799k 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
$812,585
Avg monthly
$67,715
Best month
$73,878
Jan 2026
Sales mix
36% Liq
64% 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)$7,110/mo
NNN CAM / insurance$1,067/mo
Total occupancy$8,332/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 $812,585 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$812,585
COGS (24%)−$195,020
Labor (14%)−$113,762
Occupancy−$89,990
TX MB gross tax (6.7%)−$54,443
Utilities / ins / mktg (8%)−$65,007
Card surcharge net+$8,938
Net profit $303,301
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$812,585
COGS (27%)−$219,398
Labor (17%)−$138,139
Occupancy−$99,989
TX MB gross tax (6.7%)−$54,443
Utilities / ins / mktg (10%)−$81,258
Card surcharge net+$8,938
Net profit $228,296
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$812,585
COGS (30%)−$243,776
Labor (22%)−$178,769
Occupancy−$109,987
TX MB gross tax (6.7%)−$54,443
Utilities / ins / mktg (12%)−$97,510
Card surcharge net+$8,938
Net profit $137,038
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 Lmdx Enterprises LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $228,296/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 (~$228,296 net) estimated

Revenue multiple
$406k–$650k
0.5–0.8× gross
SDE multiple
$571k–$799k
2.5–3.5× earnings
Cap rate
$692k–$913k
25–33%
Suggested range
$571k–$799k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $1,805,744–$3,250,340/yr in total revenue (your liquor portion of $812,585 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).

Estimated total revenue
$1,806k–$3,250k
food + liquor + service
Estimated net (10–15%)
$181k–$488k
restaurant margin
Full-business value
$497k–$1,788k
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 2026-06-21

No federal lawsuits — past or pending