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Financials

MB699581
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Margaritaville Lake Resort Lake Conroe

600 LA TORRETTA BLVD, Montgomery, TX 77356 · TABC MB699581

Mixed Beverage Montgomery Market Enriched 2026-05-24
$4,014,606 Annual gross (L12M) ▼ 34.6% latest MoM Click for monthly detail
$334,550 Avg monthly ▼ 39.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $1,131,637/yr est. net Click for cost model
$2,829k–$3,961k Est. acquisition range 0.85× 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): $4,460,673 – $5,735,151/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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Margaritaville Lake Resort Lake Conroe is a mixed-beverage licensed establishment at 600 LA TORRETTA BLVD, Montgomery, Texas (TABC MB699581). Over the most recent 12 months it reported $4,014,606 in gross alcohol sales, averaging $334,550/month with a best month of $548,638. Sales mix: ~68% liquor · 25% beer · 6% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,131,637 (~28% margin). Acquisition value is estimated at $2,829k–$3,961k 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
$4,014,606
Avg monthly
$334,550
Best month
$548,638
May 2025
Sales mix
68% Liq
25% Beer · 6% 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)$35,128/mo
NNN CAM / insurance$5,269/mo
Total occupancy$40,855/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 $4,014,606 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$4,014,606
COGS (24%)−$963,505
Labor (14%)−$562,045
Occupancy−$441,237
TX MB gross tax (6.7%)−$268,979
Utilities / ins / mktg (8%)−$321,168
Card surcharge net+$44,161
Net profit $1,501,832
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$4,014,606
COGS (27%)−$1,083,944
Labor (17%)−$682,483
Occupancy−$490,264
TX MB gross tax (6.7%)−$268,979
Utilities / ins / mktg (10%)−$401,461
Card surcharge net+$44,161
Net profit $1,131,637
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$4,014,606
COGS (30%)−$1,204,382
Labor (22%)−$883,213
Occupancy−$539,290
TX MB gross tax (6.7%)−$268,979
Utilities / ins / mktg (12%)−$481,753
Card surcharge net+$44,161
Net profit $681,150
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 La Torretta Beverages LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,131,637/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 (~$1,131,637 net) estimated

Revenue multiple
$2.01M–$3.21M
0.5–0.8× gross
SDE multiple
$2.83M–$3.96M
2.5–3.5× earnings
Cap rate
$3.43M–$4.53M
25–33%
Suggested range
$2,829k–$3,961k
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 2026-06-01

No federal lawsuits — past or pending