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MB200078101
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Applebee's Neighborhood Grill And Bar

13780 HORIZON BLVD, Horizon, TX 79928 · TABC MB200078101

Mixed Beverage Horizon Market Enriched 2026-08-21
$142,368 Annual gross (L12M) ▼ 3.7% latest MoM Click for monthly detail
$11,864 Avg monthly ▲ 14.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $31,890/yr est. net Click for cost model
$80k–$112k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $316,373 – $569,472/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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Applebee's Neighborhood Grill And Bar is a mixed-beverage licensed establishment at 13780 HORIZON BLVD, Horizon, Texas (TABC MB200078101). Over the most recent 12 months it reported $142,368 in gross alcohol sales, averaging $11,864/month with a best month of $14,097. Sales mix: ~43% liquor · 56% beer · 1% wine. The building at this address is owned by CAMINO REAL INVESTMENT PROPERTIES LLC (9,222 sqft, $1,935,624 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $31,890 (~22% margin). Acquisition value is estimated at $80k–$112k 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
$142,368
Avg monthly
$11,864
Best month
$14,097
May 2026
Sales mix
43% Liq
56% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID713322
Property owner (landlord)CAMINO REAL INVESTMENT PROPERTIES LLC
Total building SF9,222
Assessed value$1,935,624

Applebee's Neighborhood Grill And Bar's share

Est. base rent ~$4/sqft/yr · 2,500 sqft · Class A $816/mo
NNN CAM / insurance$122/mo
NNN property tax$1,093/mo
Personal property tax est — no BPP record $104/mo
Total occupancy $2,136/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 $142,368 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$142,368
COGS (24%)−$34,168
Labor (14%)−$19,932
Occupancy−$23,064
TX MB gross tax (6.7%)−$9,539
Utilities / ins / mktg (8%)−$11,389
Card surcharge net+$1,566
Net profit $45,842
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$142,368
COGS (27%)−$38,439
Labor (17%)−$24,203
Occupancy−$25,626
TX MB gross tax (6.7%)−$9,539
Utilities / ins / mktg (10%)−$14,237
Card surcharge net+$1,566
Net profit $31,890
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$142,368
COGS (30%)−$42,710
Labor (22%)−$31,321
Occupancy−$28,189
TX MB gross tax (6.7%)−$9,539
Utilities / ins / mktg (12%)−$17,084
Card surcharge net+$1,566
Net profit $15,091
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 Lone Star Apple LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $31,890/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 (~$31,890 net) estimated

Revenue multiple
$71k–$114k
0.5–0.8× gross
SDE multiple
$80k–$112k
2.5–3.5× earnings
Cap rate
$97k–$128k
25–33%
Suggested range
$80k–$112k
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 · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $316,373–$569,472/yr in total revenue (your liquor portion of $142,368 is roughly 25–45% 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
$316k–$569k
food + liquor + service
Estimated net (10–15%)
$32k–$85k
restaurant margin
Full-business value
$87k–$313k
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 2026-05-22

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