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Financials

MB993528
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Social Spot

930 BROADWAY ST, San Antonio, TX 78215 · TABC MB993528

Mixed Beverage San Antonio Market Enriched 2026-07-11
$690,803 Annual gross (L12M) ▲ 35.2% latest MoM Click for monthly detail
$57,567 Avg monthly ▲ 12.7% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $183,843/yr est. net Click for cost model
$460k–$643k Est. acquisition range 0.80× 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): $690,803 – $767,559/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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Social Spot is a mixed-beverage licensed establishment at 930 BROADWAY ST, San Antonio, Texas (TABC MB993528). Over the most recent 12 months it reported $690,803 in gross alcohol sales, averaging $57,567/month with a best month of $84,718. Sales mix: ~67% liquor · 33% beer · 0% wine. The building at this address is owned by PALM HOLDINGS LLC (9,893 sqft, $1,750,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $183,843 (~27% margin). Acquisition value is estimated at $460k–$643k 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
$690,803
Avg monthly
$57,567
Best month
$84,718
Jul 2025
Sales mix
67% Liq
33% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID104424
Property owner (landlord)PALM HOLDINGS LLC
Total building SF9,893
Assessed value$1,750,000

Social Spot's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class B $5,675/mo
NNN CAM / insurance$851/mo
NNN property tax$1,187/mo
Personal property tax own fixtures · Prop 1273321 $40/mo
Total occupancy $7,753/mo

Occupancy analysis

All-in occupancy cost is 13.5% 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 $690,803 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$690,803
COGS (24%)−$165,793
Labor (14%)−$96,712
Occupancy−$83,737
TX MB gross tax (6.7%)−$46,284
Utilities / ins / mktg (8%)−$55,264
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,599
Net profit $248,411
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$690,803
COGS (27%)−$186,517
Labor (17%)−$117,437
Occupancy−$93,041
TX MB gross tax (6.7%)−$46,284
Utilities / ins / mktg (10%)−$69,080
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,599
Net profit $183,843
Stressed
Heavy food, larger crew, higher rent
~15%
Revenue$690,803
COGS (30%)−$207,241
Labor (22%)−$151,977
Occupancy−$102,346
TX MB gross tax (6.7%)−$46,284
Utilities / ins / mktg (12%)−$82,896
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,599
Net profit $105,459
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 Jjsr Social Spot LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $183,843/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 (~$183,843 net) estimated

Revenue multiple
$345k–$553k
0.5–0.8× gross
SDE multiple
$460k–$643k
2.5–3.5× earnings
Cap rate
$557k–$735k
25–33%
Suggested range
$460k–$643k
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 2026-05-30

No federal lawsuits — past or pending