Grimaldi's Pizzeria/ Coal Brick Oven Pizzeria

22810 US HIGHWAY 281 N STE 105-107, San Antonio, TX 78258 · TABC MB991069

Mixed Beverage San Antonio Market Enriched 2026-08-08
$433,252 Annual gross (L12M) ▼ 22.3% latest MoM Click for monthly detail
$36,104 Avg monthly ▼ 11.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $97,048/yr est. net Click for cost model
$243k–$340k Est. acquisition range 0.67× 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): $1,733,008 – $4,332,520/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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Grimaldi's Pizzeria/ Coal Brick Oven Pizzeria is a mixed-beverage licensed establishment at 22810 US HIGHWAY 281 N STE 105-107, San Antonio, Texas (TABC MB991069). Over the most recent 12 months it reported $433,252 in gross alcohol sales, averaging $36,104/month with a best month of $41,569. Sales mix: ~23% liquor · 21% beer · 56% wine. The building at this address is owned by SVAP IV STONE OAK LLC (225,820 sqft, $57,500,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $97,048 (~22% margin). Acquisition value is estimated at $243k–$340k 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
$433,252
Avg monthly
$36,104
Best month
$41,569
Dec 2025
Sales mix
23% Liq
21% Beer · 56% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1405057
Property owner (landlord)SVAP IV STONE OAK LLC
Total building SF whole parcel — Grimaldi's Pizzeria/ Coal Brick Oven Pizzeria is in STE 105-107225,820
Grimaldi's Pizzeria/ Coal Brick Oven Pizzeria's footprint estimated — suite-level not on file 2,500 sf
Assessed value$57,500,000

Grimaldi's Pizzeria/ Coal Brick Oven Pizzeria's share

Est. base rent ~$20/sqft/yr · 2,500 sqft · Class A $4,081/mo
NNN CAM / insurance$612/mo
NNN property tax$1,220/mo
Personal property tax own fixtures · Prop 1257668 $585/mo
Total occupancy $6,499/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 $433,252 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$433,252
COGS (24%)−$103,980
Labor (14%)−$60,655
Occupancy−$70,187
TX MB gross tax (6.7%)−$29,028
Utilities / ins / mktg (8%)−$34,660
Card surcharge net+$4,766
Net profit $139,507
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$433,252
COGS (27%)−$116,978
Labor (17%)−$73,653
Occupancy−$77,985
TX MB gross tax (6.7%)−$29,028
Utilities / ins / mktg (10%)−$43,325
Card surcharge net+$4,766
Net profit $97,048
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$433,252
COGS (30%)−$129,976
Labor (22%)−$95,315
Occupancy−$85,784
TX MB gross tax (6.7%)−$29,028
Utilities / ins / mktg (12%)−$51,990
Card surcharge net+$4,766
Net profit $45,925
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 West Oaks Pizzeria INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $97,048/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 (~$97,048 net) estimated

Revenue multiple
$217k–$347k
0.5–0.8× gross
SDE multiple
$243k–$340k
2.5–3.5× earnings
Cap rate
$294k–$388k
25–33%
Suggested range
$243k–$340k
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 $1,733,008–$4,332,520/yr in total revenue (your liquor portion of $433,252 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
$1,733k–$4,333k
food + liquor + service
Estimated net (10–15%)
$173k–$650k
restaurant margin
Full-business value
$477k–$2,383k
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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