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Financials

MB852626
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Black Hawk Country Club

12610 FM 1464 RD, Richmond, TX 77407 · TABC MB852626

Mixed Beverage Richmond Market Enriched 2026-07-11
$583,922 Annual gross (L12M) ▲ 23.5% latest MoM Click for monthly detail
$48,660 Avg monthly ▲ 16.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $163,994/yr est. net Click for cost model
$410k–$574k 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $729,902 – $973,203/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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Black Hawk Country Club is a mixed-beverage licensed establishment at 12610 FM 1464 RD, Richmond, Texas (TABC MB852626). Over the most recent 12 months it reported $583,922 in gross alcohol sales, averaging $48,660/month with a best month of $59,585. Sales mix: ~54% liquor · 27% beer · 20% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $163,994 (~28% margin). Acquisition value is estimated at $410k–$574k 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
$583,922
Avg monthly
$48,660
Best month
$59,585
Mar 2026
Sales mix
54% Liq
27% Beer · 20% 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)$5,109/mo
NNN CAM / insurance$766/mo
Total occupancy$5,992/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 $583,922 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$583,922
COGS (24%)−$140,141
Labor (14%)−$81,749
Occupancy−$64,719
TX MB gross tax (6.7%)−$39,123
Utilities / ins / mktg (8%)−$46,714
Card surcharge net+$6,423
Net profit $217,899
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$583,922
COGS (27%)−$157,659
Labor (17%)−$99,267
Occupancy−$71,910
TX MB gross tax (6.7%)−$39,123
Utilities / ins / mktg (10%)−$58,392
Card surcharge net+$6,423
Net profit $163,994
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$583,922
COGS (30%)−$175,177
Labor (22%)−$128,463
Occupancy−$79,101
TX MB gross tax (6.7%)−$39,123
Utilities / ins / mktg (12%)−$70,071
Card surcharge net+$6,423
Net profit $98,411
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 Escalante Golf Beverage Company LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $163,994/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 (~$163,994 net) estimated

Revenue multiple
$292k–$467k
0.5–0.8× gross
SDE multiple
$410k–$574k
2.5–3.5× earnings
Cap rate
$497k–$656k
25–33%
Suggested range
$410k–$574k
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 2026-05-27

Lookup pending — check back tomorrow

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