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Financials

MB986185
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Rib Hut

12302 MONTANA AVE STE 901, El Paso, TX 79938 · TABC MB986185

Mixed Beverage El Paso Market Enriched 2026-07-10
$138,976 Annual gross (L12M) ▲ 22.2% latest MoM Click for monthly detail
$11,581 Avg monthly ▲ 27.9% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $31,131/yr est. net Click for cost model
$78k–$109k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
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Executive Summary

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Rib Hut is a mixed-beverage licensed establishment at 12302 MONTANA AVE STE 901, El Paso, Texas (TABC MB986185). Over the most recent 12 months it reported $138,976 in gross alcohol sales, averaging $11,581/month with a best month of $14,808. Sales mix: ~25% liquor · 67% beer · 8% wine. The building at this address is owned by RIVER OAKS PROPERTIES LTD (24,090 sqft, $5,959,374 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $31,131 (~22% margin). Acquisition value is estimated at $78k–$109k 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
$138,976
Avg monthly
$11,581
Best month
$14,808
May 2026
Sales mix
25% Liq
67% Beer · 8% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID156909
Property owner (landlord)RIVER OAKS PROPERTIES LTD
Total building SF whole parcel — Rib Hut is in STE 90124,090
Rib Hut's footprint estimated — suite-level not on file 2,500 sf
Assessed value$5,959,374

Rib Hut's share

Est. base rent ~$3/sqft/yr · 2,500 sqft · Class A $602/mo
NNN CAM / insurance$90/mo
NNN property tax$1,288/mo
Personal property tax est — no BPP record $104/mo
Total occupancy $2,085/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 $138,976 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$138,976
COGS (24%)−$33,354
Labor (14%)−$19,457
Occupancy−$22,514
TX MB gross tax (6.7%)−$9,311
Utilities / ins / mktg (8%)−$11,118
Card surcharge net+$1,529
Net profit $44,750
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$138,976
COGS (27%)−$37,524
Labor (17%)−$23,626
Occupancy−$25,016
TX MB gross tax (6.7%)−$9,311
Utilities / ins / mktg (10%)−$13,898
Card surcharge net+$1,529
Net profit $31,131
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$138,976
COGS (30%)−$41,693
Labor (22%)−$30,575
Occupancy−$27,517
TX MB gross tax (6.7%)−$9,311
Utilities / ins / mktg (12%)−$16,677
Card surcharge net+$1,529
Net profit $14,731
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 Whayes-Bbq LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $31,131/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 (~$31,131 net) estimated

Revenue multiple
$69k–$111k
0.5–0.8× gross
SDE multiple
$78k–$109k
2.5–3.5× earnings
Cap rate
$94k–$125k
25–33%
Suggested range
$78k–$109k
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 2026-06-26

Lookup pending — check back tomorrow

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