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Financials

MB905485
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Later Later

109 N COLDWELL ST, El Paso, TX 79901 · TABC MB905485

Mixed Beverage El Paso Market Enriched 2026-05-24
$1,775,715 Annual gross (L12M) ▲ 29.1% latest MoM Click for monthly detail
$147,976 Avg monthly ▼ 4.8% latest vs avg Click for monthly detail
~38% Est. net margin (likely) $667,971/yr est. net Click for cost model
$1,670k–$1,776k Est. acquisition range 0.97× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,869,174 – $2,089,076/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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Later Later is a mixed-beverage licensed establishment at 109 N COLDWELL ST, El Paso, Texas (TABC MB905485). Over the most recent 12 months it reported $1,775,715 in gross alcohol sales, averaging $147,976/month with a best month of $252,131. Sales mix: ~82% liquor · 17% beer · 0% wine. The building at this address is owned by FRANKLIN COLDWELL LLC (2,500 sqft, $204,915 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $667,971 (~38% margin). Acquisition value is estimated at $1,670k–$1,776k 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
$1,775,715
Avg monthly
$147,976
Best month
$252,131
Aug 2025
Sales mix
82% Liq
17% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID321803
Property owner (landlord)FRANKLIN COLDWELL LLC
Total building SF2,500
Assessed value$204,915

Later Later's share

Est. base rent ~$7/sqft/yr · 5,000 sqft · Class C $3,074/mo
NNN CAM / insurance$461/mo
NNN property tax$213/mo
Personal property tax est — no BPP record $370/mo
Total occupancy $4,118/mo

Occupancy analysis

All-in occupancy cost is 2.8% 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 $1,775,715 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~46%
Revenue$1,775,715
COGS (24%)−$426,172
Labor (14%)−$248,600
Occupancy−$44,476
TX MB gross tax (6.7%)−$118,973
Utilities / ins / mktg (8%)−$142,057
Card surcharge net+$19,533
Net profit $814,970
Most Likely
Typical bar, light food program, full two-shift staffing
~38%
Revenue$1,775,715
COGS (27%)−$479,443
Labor (17%)−$301,872
Occupancy−$49,418
TX MB gross tax (6.7%)−$118,973
Utilities / ins / mktg (10%)−$177,572
Card surcharge net+$19,533
Net profit $667,971
Stressed
Heavy food, larger crew, higher rent
~27%
Revenue$1,775,715
COGS (30%)−$532,714
Labor (22%)−$390,657
Occupancy−$54,360
TX MB gross tax (6.7%)−$118,973
Utilities / ins / mktg (12%)−$213,086
Card surcharge net+$19,533
Net profit $485,457
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 A&W Ep LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $667,971/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 (~$667,971 net) estimated

Revenue multiple
$888k–$1.42M
0.5–0.8× gross
SDE multiple
$1.67M–$2.34M
2.5–3.5× earnings
Cap rate
$2.02M–$2.67M
25–33%
Suggested range
$1,670k–$1,776k
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 2026-06-04

Lookup pending — check back tomorrow

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