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Rikenjaks Brewing Company South Street

18635 IH 10 STE 1000, Vidor, TX 77662 · TABC RM983563

Mixed Beverage Vidor Market Enriched 2026-07-12
$610,542 Annual gross (L12M) ▼ 5.5% latest MoM Click for monthly detail
$50,878 Avg monthly ▼ 5.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $171,532/yr est. net Click for cost model
$429k–$600k 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 Brewery, liquor is typically only 80–95% of total business revenue. Beer-led; some food. Estimated total revenue (rough): $642,676 – $763,178/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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Rikenjaks Brewing Company South Street is a mixed-beverage licensed establishment at 18635 IH 10 STE 1000, Vidor, Texas (TABC RM983563). Over the most recent 12 months it reported $610,542 in gross alcohol sales, averaging $50,878/month with a best month of $59,891. Sales mix: ~49% liquor · 50% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $171,532 (~28% margin). Acquisition value is estimated at $429k–$600k 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
$610,542
Avg monthly
$50,878
Best month
$59,891
Mar 2026
Sales mix
49% Liq
50% Beer · 1% 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)$5,342/mo
NNN CAM / insurance$801/mo
Total occupancy$6,261/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 $610,542 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$610,542
COGS (24%)−$146,530
Labor (14%)−$85,476
Occupancy−$67,614
TX MB gross tax (6.7%)−$40,906
Utilities / ins / mktg (8%)−$48,843
Card surcharge net+$6,716
Net profit $227,888
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$610,542
COGS (27%)−$164,846
Labor (17%)−$103,792
Occupancy−$75,127
TX MB gross tax (6.7%)−$40,906
Utilities / ins / mktg (10%)−$61,054
Card surcharge net+$6,716
Net profit $171,532
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$610,542
COGS (30%)−$183,163
Labor (22%)−$134,319
Occupancy−$82,640
TX MB gross tax (6.7%)−$40,906
Utilities / ins / mktg (12%)−$73,265
Card surcharge net+$6,716
Net profit $102,965
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 Madison Goodfellas LP looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $171,532/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 (~$171,532 net) estimated

Revenue multiple
$305k–$488k
0.5–0.8× gross
SDE multiple
$429k–$600k
2.5–3.5× earnings
Cap rate
$520k–$686k
25–33%
Suggested range
$429k–$600k
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 2026-06-24

No federal lawsuits — past or pending