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Financials

N 708596
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Buggy Wheel

810 HIGHWAY 84 BYP, Coleman, TX 76834 · TABC N 708596

Mixed Beverage Coleman Market Enriched 2026-08-08
$266,235 Annual gross (L12M) ▼ 6.7% latest MoM Click for monthly detail
$22,186 Avg monthly ▼ 16.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $74,261/yr est. net Click for cost model
$186k–$260k 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 Private Club, liquor is typically only 40–65% of total business revenue. Mixed — depends on dining vs bar focus. Estimated total revenue (rough): $409,592 – $665,588/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

Buggy Wheel is a mixed-beverage licensed establishment at 810 HIGHWAY 84 BYP, Coleman, Texas (TABC N 708596). Over the most recent 12 months it reported $266,235 in gross alcohol sales, averaging $22,186/month with a best month of $25,959. Sales mix: ~51% liquor · 49% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $74,261 (~28% margin). Acquisition value is estimated at $186k–$260k 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
$266,235
Avg monthly
$22,186
Best month
$25,959
Oct 2025
Sales mix
51% Liq
49% 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)$2,330/mo
NNN CAM / insurance$349/mo
Total occupancy$2,775/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 $266,235 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$266,235
COGS (24%)−$63,896
Labor (14%)−$37,273
Occupancy−$29,968
TX MB gross tax (6.7%)−$17,838
Utilities / ins / mktg (8%)−$21,299
Card surcharge net+$2,929
Net profit $98,890
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$266,235
COGS (27%)−$71,883
Labor (17%)−$45,260
Occupancy−$33,298
TX MB gross tax (6.7%)−$17,838
Utilities / ins / mktg (10%)−$26,624
Card surcharge net+$2,929
Net profit $74,261
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$266,235
COGS (30%)−$79,870
Labor (22%)−$58,572
Occupancy−$36,628
TX MB gross tax (6.7%)−$17,838
Utilities / ins / mktg (12%)−$31,948
Card surcharge net+$2,929
Net profit $44,308
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 Buggy Wheel Private Club INC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $74,261/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 (~$74,261 net) estimated

Revenue multiple
$133k–$213k
0.5–0.8× gross
SDE multiple
$186k–$260k
2.5–3.5× earnings
Cap rate
$225k–$297k
25–33%
Suggested range
$186k–$260k
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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