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Financials

RM1070592
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Boo Ray's Of New Orleans

316 E MAIN ST, Crowley, TX 76036 · TABC RM1070592

Mixed Beverage Crowley Market Enriched 2026-09-02
$158,589 Annual gross (L12M) ▼ 12.7% latest MoM Click for monthly detail
$13,216 Avg monthly ▼ 23.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $35,524/yr est. net Click for cost model
$89k–$124k 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 Beer Bar, liquor is typically only 90–98% of total business revenue. Beer-only, minimal food. Estimated total revenue (rough): $161,826 – $176,210/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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Boo Ray's Of New Orleans is a mixed-beverage licensed establishment at 316 E MAIN ST, Crowley, Texas (TABC RM1070592). Over the most recent 12 months it reported $158,589 in gross alcohol sales, averaging $13,216/month with a best month of $16,927. Sales mix: ~76% liquor · 17% beer · 6% wine. The building at this address is owned by BR REAL ESTATE IV JV (9,464 sqft, $3,131,783 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $35,524 (~22% margin). Acquisition value is estimated at $89k–$124k 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
$158,589
Avg monthly
$13,216
Best month
$16,927
May 2026
Sales mix
76% Liq
17% Beer · 6% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID42446994
Property owner (landlord)BR REAL ESTATE IV JV
Total building SF9,464
Assessed value$3,131,783

Boo Ray's Of New Orleans's share

Est. base rent ~$3/sqft/yr · 2,500 sqft · Class A $543/mo
NNN CAM / insurance$81/mo
NNN property tax$1,655/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $2,379/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 $158,589 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$158,589
COGS (24%)−$38,061
Labor (14%)−$22,202
Occupancy−$25,691
TX MB gross tax (6.7%)−$10,625
Utilities / ins / mktg (8%)−$12,687
Card surcharge net+$1,744
Net profit $51,066
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$158,589
COGS (27%)−$42,819
Labor (17%)−$26,960
Occupancy−$28,546
TX MB gross tax (6.7%)−$10,625
Utilities / ins / mktg (10%)−$15,859
Card surcharge net+$1,744
Net profit $35,524
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$158,589
COGS (30%)−$47,577
Labor (22%)−$34,890
Occupancy−$31,401
TX MB gross tax (6.7%)−$10,625
Utilities / ins / mktg (12%)−$19,031
Card surcharge net+$1,744
Net profit $16,810
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 Booray INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $35,524/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 (~$35,524 net) estimated

Revenue multiple
$79k–$127k
0.5–0.8× gross
SDE multiple
$89k–$124k
2.5–3.5× earnings
Cap rate
$108k–$142k
25–33%
Suggested range
$89k–$124k
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 2026-06-29

Lookup pending — check back tomorrow

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