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Financials

MB234989
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Broken Spoke

3101 SW 6TH AVE, Amarillo, TX 79106 · TABC MB234989

Mixed Beverage Amarillo Market Enriched 2026-07-09
$623,855 Annual gross (L12M) ▲ 8.6% latest MoM Click for monthly detail
$51,988 Avg monthly ▲ 7.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $175,272/yr est. net Click for cost model
$438k–$613k 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $693,172 – $831,807/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Broken Spoke is a mixed-beverage licensed establishment at 3101 SW 6TH AVE, Amarillo, Texas (TABC MB234989). Over the most recent 12 months it reported $623,855 in gross alcohol sales, averaging $51,988/month with a best month of $56,883. Sales mix: ~59% liquor · 41% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $175,272 (~28% margin). Acquisition value is estimated at $438k–$613k 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
$623,855
Avg monthly
$51,988
Best month
$56,883
Mar 2026
Sales mix
59% Liq
41% Beer · 0% 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)$5,459/mo
NNN CAM / insurance$819/mo
Total occupancy$6,397/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 $623,855 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$623,855
COGS (24%)−$149,725
Labor (14%)−$87,340
Occupancy−$69,089
TX MB gross tax (6.7%)−$41,798
Utilities / ins / mktg (8%)−$49,908
Card surcharge net+$6,862
Net profit $232,857
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$623,855
COGS (27%)−$168,441
Labor (17%)−$106,055
Occupancy−$76,765
TX MB gross tax (6.7%)−$41,798
Utilities / ins / mktg (10%)−$62,386
Card surcharge net+$6,862
Net profit $175,272
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$623,855
COGS (30%)−$187,156
Labor (22%)−$137,248
Occupancy−$84,442
TX MB gross tax (6.7%)−$41,798
Utilities / ins / mktg (12%)−$74,863
Card surcharge net+$6,862
Net profit $105,210
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 Iltb Enterprises LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $175,272/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 (~$175,272 net) estimated

Revenue multiple
$312k–$499k
0.5–0.8× gross
SDE multiple
$438k–$613k
2.5–3.5× earnings
Cap rate
$531k–$701k
25–33%
Suggested range
$438k–$613k
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 2026-07-08

Lookup pending — check back tomorrow

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