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Financials

MB710779
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The Sugar Shack

106 N FULTON BEACH RD, Fulton, TX 78358 · TABC MB710779

Mixed Beverage Fulton Market Enriched 2026-06-15
$1,206,288 Annual gross (L12M) ▼ 36.3% latest MoM Click for monthly detail
$100,524 Avg monthly ▼ 12.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $338,907/yr est. net Click for cost model
$847k–$1,186k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,269,777 – $1,507,860/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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The Sugar Shack is a mixed-beverage licensed establishment at 106 N FULTON BEACH RD, Fulton, Texas (TABC MB710779). Over the most recent 12 months it reported $1,206,288 in gross alcohol sales, averaging $100,524/month with a best month of $137,685. Sales mix: ~58% liquor · 41% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $338,907 (~28% margin). Acquisition value is estimated at $847k–$1,186k 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
$1,206,288
Avg monthly
$100,524
Best month
$137,685
Mar 2026
Sales mix
58% Liq
41% Beer · 1% 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)$10,555/mo
NNN CAM / insurance$1,583/mo
Total occupancy$12,369/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 $1,206,288 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,206,288
COGS (24%)−$289,509
Labor (14%)−$168,880
Occupancy−$133,590
TX MB gross tax (6.7%)−$80,821
Utilities / ins / mktg (8%)−$96,503
Card surcharge net+$13,269
Net profit $450,253
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,206,288
COGS (27%)−$325,698
Labor (17%)−$205,069
Occupancy−$148,434
TX MB gross tax (6.7%)−$80,821
Utilities / ins / mktg (10%)−$120,629
Card surcharge net+$13,269
Net profit $338,907
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,206,288
COGS (30%)−$361,886
Labor (22%)−$265,383
Occupancy−$163,277
TX MB gross tax (6.7%)−$80,821
Utilities / ins / mktg (12%)−$144,755
Card surcharge net+$13,269
Net profit $203,434
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 Rockport Entertainment LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $338,907/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 (~$338,907 net) estimated

Revenue multiple
$603k–$965k
0.5–0.8× gross
SDE multiple
$847k–$1.19M
2.5–3.5× earnings
Cap rate
$1.03M–$1.36M
25–33%
Suggested range
$847k–$1,186k
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 2026-06-16

Lookup pending — check back tomorrow

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