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MB912160
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Harpers Brickoven/Veranda Rooftop Patio

139 E HOPKINS ST, San Marcos, TX 78666 · TABC MB912160

Mixed Beverage San Marcos Market Enriched 2026-09-03
$429,103 Annual gross (L12M) ▲ 9.7% latest MoM Click for monthly detail
$35,759 Avg monthly ▼ 15.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $120,493/yr est. net Click for cost model
$301k–$422k 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 Pizza Restaurant, liquor is typically only 10–25% of total business revenue. Pizza-forward; liquor a side program. Total revenue 4–10× this number. Estimated total revenue (rough): $1,716,412 – $4,291,030/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

Harpers Brickoven/Veranda Rooftop Patio is a mixed-beverage licensed establishment at 139 E HOPKINS ST, San Marcos, Texas (TABC MB912160). Over the most recent 12 months it reported $429,103 in gross alcohol sales, averaging $35,759/month with a best month of $51,274. Sales mix: ~84% liquor · 16% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $120,493 (~28% margin). Acquisition value is estimated at $301k–$422k 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
$429,103
Avg monthly
$35,759
Best month
$51,274
Oct 2025
Sales mix
84% Liq
16% 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)$3,755/mo
NNN CAM / insurance$563/mo
Total occupancy$4,405/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 $429,103 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$429,103
COGS (24%)−$102,985
Labor (14%)−$60,074
Occupancy−$47,578
TX MB gross tax (6.7%)−$28,750
Utilities / ins / mktg (8%)−$34,328
Card surcharge net+$4,720
Net profit $160,108
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$429,103
COGS (27%)−$115,858
Labor (17%)−$72,948
Occupancy−$52,864
TX MB gross tax (6.7%)−$28,750
Utilities / ins / mktg (10%)−$42,910
Card surcharge net+$4,720
Net profit $120,493
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$429,103
COGS (30%)−$128,731
Labor (22%)−$94,403
Occupancy−$58,151
TX MB gross tax (6.7%)−$28,750
Utilities / ins / mktg (12%)−$51,492
Card surcharge net+$4,720
Net profit $72,297
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 Sk Neal LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $120,493/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 (~$120,493 net) estimated

Revenue multiple
$215k–$343k
0.5–0.8× gross
SDE multiple
$301k–$422k
2.5–3.5× earnings
Cap rate
$365k–$482k
25–33%
Suggested range
$301k–$422k
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 · Pizza Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this pizza restaurant pulls $1,716,412–$4,291,030/yr in total revenue (your liquor portion of $429,103 is roughly 10–25% 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
$1,716k–$4,291k
food + liquor + service
Estimated net (10–15%)
$172k–$644k
restaurant margin
Full-business value
$472k–$2,360k
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 2026-07-08

Lookup pending — check back tomorrow

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