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MB749667
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Bourbon Street Seafood Kitchen

22015 W INTERSTATE 10 STE 101, San Antonio, TX 78257 · TABC MB749667

Mixed Beverage San Antonio Market Enriched 2026-07-10
$270,924 Annual gross (L12M) ▲ 6.6% latest MoM Click for monthly detail
$22,577 Avg monthly ▲ 1.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $60,687/yr est. net Click for cost model
$152k–$212k Est. acquisition range 0.67× 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): $602,053 – $1,083,696/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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Bourbon Street Seafood Kitchen is a mixed-beverage licensed establishment at 22015 W INTERSTATE 10 STE 101, San Antonio, Texas (TABC MB749667). Over the most recent 12 months it reported $270,924 in gross alcohol sales, averaging $22,577/month with a best month of $26,288. Sales mix: ~46% liquor · 8% beer · 46% wine. The building at this address is owned by J&L REAL ESTATE HOLDINGS LLC (5,188 sqft, $4,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $60,687 (~22% margin). Acquisition value is estimated at $152k–$212k 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
$270,924
Avg monthly
$22,577
Best month
$26,288
Dec 2025
Sales mix
46% Liq
8% Beer · 46% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1207687
Property owner (landlord)J&L REAL ESTATE HOLDINGS LLC
Total building SF whole parcel — Bourbon Street Seafood Kitchen is in STE 1015,188
Bourbon Street Seafood Kitchen's footprint estimated — suite-level not on file 2,500 sf
Assessed value$4,000,000

Bourbon Street Seafood Kitchen's share

Est. base rent ~$1/sqft/yr · 2,500 sqft · Class A $174/mo
NNN CAM / insurance$26/mo
NNN property tax$3,694/mo
Personal property tax own fixtures · Prop 1274821 $170/mo
Total occupancy $4,064/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $270,924 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$270,924
COGS (24%)−$65,022
Labor (14%)−$37,929
Occupancy−$43,890
TX MB gross tax (6.7%)−$18,152
Utilities / ins / mktg (8%)−$21,674
Card surcharge net+$2,980
Net profit $87,238
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$270,924
COGS (27%)−$73,149
Labor (17%)−$46,057
Occupancy−$48,766
TX MB gross tax (6.7%)−$18,152
Utilities / ins / mktg (10%)−$27,092
Card surcharge net+$2,980
Net profit $60,687
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$270,924
COGS (30%)−$81,277
Labor (22%)−$59,603
Occupancy−$53,643
TX MB gross tax (6.7%)−$18,152
Utilities / ins / mktg (12%)−$32,511
Card surcharge net+$2,980
Net profit $28,718
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 L & M Seafood Kitchen LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $60,687/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 (~$60,687 net) estimated

Revenue multiple
$135k–$217k
0.5–0.8× gross
SDE multiple
$152k–$212k
2.5–3.5× earnings
Cap rate
$184k–$243k
25–33%
Suggested range
$152k–$212k
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 $602,053–$1,083,696/yr in total revenue (your liquor portion of $270,924 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
$602k–$1,084k
food + liquor + service
Estimated net (10–15%)
$60k–$163k
restaurant margin
Full-business value
$166k–$596k
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 2026-07-27

Lookup pending — check back tomorrow

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