Scarborough Renaissance Festival Scarborough's Hollow

2511 FM 66, Waxahachie, TX 75167 · TABC RM863242

Mixed Beverage Waxahachie Market Enriched 2026-07-10
$1,920,536 Annual gross (L12M) ▲ 40.1% latest MoM Click for monthly detail
$384,107 Avg monthly ▲ 152.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $539,575/yr est. net Click for cost model
$1,349k–$1,889k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $2,021,617 – $2,400,670/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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Scarborough Renaissance Festival Scarborough's Hollow is a mixed-beverage licensed establishment at 2511 FM 66, Waxahachie, Texas (TABC RM863242). Over the most recent 12 months it reported $1,920,536 in gross alcohol sales, averaging $384,107/month with a best month of $970,399. Sales mix: ~29% liquor · 43% beer · 28% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $539,575 (~28% margin). Acquisition value is estimated at $1,349k–$1,889k 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
$1,920,536
Avg monthly
$384,107
Best month
$970,399
May 2026
Sales mix
29% Liq
43% Beer · 28% 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)$16,805/mo
NNN CAM / insurance$2,521/mo
Total occupancy$19,693/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 $1,920,536 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,920,536
COGS (24%)−$460,929
Labor (14%)−$268,875
Occupancy−$212,690
TX MB gross tax (6.7%)−$128,676
Utilities / ins / mktg (8%)−$153,643
Card surcharge net+$21,126
Net profit $716,850
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,920,536
COGS (27%)−$518,545
Labor (17%)−$326,491
Occupancy−$236,322
TX MB gross tax (6.7%)−$128,676
Utilities / ins / mktg (10%)−$192,054
Card surcharge net+$21,126
Net profit $539,575
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,920,536
COGS (30%)−$576,161
Labor (22%)−$422,518
Occupancy−$259,954
TX MB gross tax (6.7%)−$128,676
Utilities / ins / mktg (12%)−$230,464
Card surcharge net+$21,126
Net profit $323,889
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 Southwest Festivals INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $539,575/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 (~$539,575 net) estimated

Revenue multiple
$960k–$1.54M
0.5–0.8× gross
SDE multiple
$1.35M–$1.89M
2.5–3.5× earnings
Cap rate
$1.64M–$2.16M
25–33%
Suggested range
$1,349k–$1,889k
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 2026-06-04

Lookup pending — check back tomorrow

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