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Financials

MB809083
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Jimmy's On The Pier

9001 SEAWALL BLVD STE 2, Galveston, TX 77554 · TABC MB809083

Mixed Beverage Galveston Market Enriched 2026-07-10
$533,525 Annual gross (L12M) ▲ 28.4% latest MoM Click for monthly detail
$44,460 Avg monthly ▲ 20.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $149,894/yr est. net Click for cost model
$375k–$525k 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): $533,525 – $592,806/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

Jimmy's On The Pier is a mixed-beverage licensed establishment at 9001 SEAWALL BLVD STE 2, Galveston, Texas (TABC MB809083). Over the most recent 12 months it reported $533,525 in gross alcohol sales, averaging $44,460/month with a best month of $62,378. Sales mix: ~66% liquor · 30% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $149,894 (~28% margin). Acquisition value is estimated at $375k–$525k 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
$533,525
Avg monthly
$44,460
Best month
$62,378
Jul 2025
Sales mix
66% Liq
30% Beer · 4% 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)$4,668/mo
NNN CAM / insurance$700/mo
Total occupancy$5,471/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 $533,525 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$533,525
COGS (24%)−$128,046
Labor (14%)−$74,694
Occupancy−$59,085
TX MB gross tax (6.7%)−$35,746
Utilities / ins / mktg (8%)−$42,682
Card surcharge net+$5,869
Net profit $199,141
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$533,525
COGS (27%)−$144,052
Labor (17%)−$90,699
Occupancy−$65,650
TX MB gross tax (6.7%)−$35,746
Utilities / ins / mktg (10%)−$53,352
Card surcharge net+$5,869
Net profit $149,894
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$533,525
COGS (30%)−$160,058
Labor (22%)−$117,376
Occupancy−$72,215
TX MB gross tax (6.7%)−$35,746
Utilities / ins / mktg (12%)−$64,023
Card surcharge net+$5,869
Net profit $89,976
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 Valmire L.L.C looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $149,894/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 (~$149,894 net) estimated

Revenue multiple
$267k–$427k
0.5–0.8× gross
SDE multiple
$375k–$525k
2.5–3.5× earnings
Cap rate
$454k–$600k
25–33%
Suggested range
$375k–$525k
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 2026-07-17

Lookup pending — check back tomorrow

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