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MB976189
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The Point

115 E HARRISON AVE, Harlingen, TX 78550 · TABC MB976189

Mixed Beverage Harlingen Market Enriched 2026-07-12
$458,757 Annual gross (L12M) ▲ 52.1% latest MoM Click for monthly detail
$38,230 Avg monthly ▲ 55.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $128,793/yr est. net Click for cost model
$322k–$451k 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): $458,757 – $509,730/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

The Point is a mixed-beverage licensed establishment at 115 E HARRISON AVE, Harlingen, Texas (TABC MB976189). Over the most recent 12 months it reported $458,757 in gross alcohol sales, averaging $38,230/month with a best month of $59,275. Sales mix: ~52% liquor · 48% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $128,793 (~28% margin). Acquisition value is estimated at $322k–$451k 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
$458,757
Avg monthly
$38,230
Best month
$59,275
May 2026
Sales mix
52% Liq
48% 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)$4,014/mo
NNN CAM / insurance$602/mo
Total occupancy$4,712/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 $458,757 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$458,757
COGS (24%)−$110,102
Labor (14%)−$64,226
Occupancy−$50,890
TX MB gross tax (6.7%)−$30,737
Utilities / ins / mktg (8%)−$36,701
Card surcharge net+$5,046
Net profit $171,148
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$458,757
COGS (27%)−$123,864
Labor (17%)−$77,989
Occupancy−$56,545
TX MB gross tax (6.7%)−$30,737
Utilities / ins / mktg (10%)−$45,876
Card surcharge net+$5,046
Net profit $128,793
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$458,757
COGS (30%)−$137,627
Labor (22%)−$100,927
Occupancy−$62,199
TX MB gross tax (6.7%)−$30,737
Utilities / ins / mktg (12%)−$55,051
Card surcharge net+$5,046
Net profit $77,263
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 Baloos Bar LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $128,793/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 (~$128,793 net) estimated

Revenue multiple
$229k–$367k
0.5–0.8× gross
SDE multiple
$322k–$451k
2.5–3.5× earnings
Cap rate
$390k–$515k
25–33%
Suggested range
$322k–$451k
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 2026-07-07

Lookup pending — check back tomorrow

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