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N 242334
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Kathy's

3425 SW WILSHIRE BLVD STE C, Joshua, TX 76058 · TABC N 242334

Mixed Beverage Joshua Market Enriched 2026-07-12
$184,377 Annual gross (L12M) ▲ 8.7% latest MoM Click for monthly detail
$15,365 Avg monthly ▼ 2.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $51,075/yr est. net Click for cost model
$128k–$179k Est. acquisition range 0.83× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $194,081 – $230,471/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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Kathy's is a mixed-beverage licensed establishment at 3425 SW WILSHIRE BLVD STE C, Joshua, Texas (TABC N 242334). Over the most recent 12 months it reported $184,377 in gross alcohol sales, averaging $15,365/month with a best month of $19,330. Sales mix: ~53% liquor · 47% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $51,075 (~28% margin). Acquisition value is estimated at $128k–$179k 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
$184,377
Avg monthly
$15,365
Best month
$19,330
Mar 2026
Sales mix
53% Liq
47% 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)$1,613/mo
NNN CAM / insurance$242/mo
Total occupancy$1,951/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 $184,377 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$184,377
COGS (24%)−$44,250
Labor (14%)−$25,813
Occupancy−$21,072
TX MB gross tax (6.7%)−$12,353
Utilities / ins / mktg (8%)−$14,750
Card surcharge net+$2,028
Net profit $68,166
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$184,377
COGS (27%)−$49,782
Labor (17%)−$31,344
Occupancy−$23,414
TX MB gross tax (6.7%)−$12,353
Utilities / ins / mktg (10%)−$18,438
Card surcharge net+$2,028
Net profit $51,075
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$184,377
COGS (30%)−$55,313
Labor (22%)−$40,563
Occupancy−$25,755
TX MB gross tax (6.7%)−$12,353
Utilities / ins / mktg (12%)−$22,125
Card surcharge net+$2,028
Net profit $30,296
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 Kathy's looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $51,075/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 (~$51,075 net) estimated

Revenue multiple
$92k–$148k
0.5–0.8× gross
SDE multiple
$128k–$179k
2.5–3.5× earnings
Cap rate
$155k–$204k
25–33%
Suggested range
$128k–$179k
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 2026-08-20

Lookup pending — check back tomorrow

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