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Financials

MB699853
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Jake's

5025 50TH ST UNIT A, Lubbock, TX 79414 · TABC MB699853

Mixed Beverage Lubbock Market Enriched 2026-07-11
$735,541 Annual gross (L12M) ▼ 2.0% latest MoM Click for monthly detail
$61,295 Avg monthly ▼ 3.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $206,650/yr est. net Click for cost model
$517k–$723k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $735,541 – $817,268/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

Jake's is a mixed-beverage licensed establishment at 5025 50TH ST UNIT A, Lubbock, Texas (TABC MB699853). Over the most recent 12 months it reported $735,541 in gross alcohol sales, averaging $61,295/month with a best month of $72,049. Sales mix: ~55% liquor · 45% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $206,650 (~28% margin). Acquisition value is estimated at $517k–$723k 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
$735,541
Avg monthly
$61,295
Best month
$72,049
Aug 2025
Sales mix
55% Liq
45% 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)$6,436/mo
NNN CAM / insurance$965/mo
Total occupancy$7,542/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 $735,541 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$735,541
COGS (24%)−$176,530
Labor (14%)−$102,976
Occupancy−$81,457
TX MB gross tax (6.7%)−$49,281
Utilities / ins / mktg (8%)−$58,843
Card surcharge net+$8,091
Net profit $274,544
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$735,541
COGS (27%)−$198,596
Labor (17%)−$125,042
Occupancy−$90,508
TX MB gross tax (6.7%)−$49,281
Utilities / ins / mktg (10%)−$73,554
Card surcharge net+$8,091
Net profit $206,650
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$735,541
COGS (30%)−$220,662
Labor (22%)−$161,819
Occupancy−$99,559
TX MB gross tax (6.7%)−$49,281
Utilities / ins / mktg (12%)−$88,265
Card surcharge net+$8,091
Net profit $124,045
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 J.M. Stephenson Entertainment INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $206,650/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 (~$206,650 net) estimated

Revenue multiple
$368k–$588k
0.5–0.8× gross
SDE multiple
$517k–$723k
2.5–3.5× earnings
Cap rate
$626k–$827k
25–33%
Suggested range
$517k–$723k
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 2026-07-04

Lookup pending — check back tomorrow

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