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Financials

MB686318
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Cancun Mexican Restaurant

7905 UNIVERSITY AVE, Lubbock, TX 79423 · TABC MB686318

Mixed Beverage Lubbock Market Enriched 2026-08-21
$457,013 Annual gross (L12M) ▼ 11.1% latest MoM Click for monthly detail
$38,084 Avg monthly ▼ 3.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $128,299/yr est. net Click for cost model
$321k–$449k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $1,305,751 – $2,285,065/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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Cancun Mexican Restaurant is a mixed-beverage licensed establishment at 7905 UNIVERSITY AVE, Lubbock, Texas (TABC MB686318). Over the most recent 12 months it reported $457,013 in gross alcohol sales, averaging $38,084/month with a best month of $44,044. Sales mix: ~53% liquor · 47% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $128,299 (~28% margin). Acquisition value is estimated at $321k–$449k 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
$457,013
Avg monthly
$38,084
Best month
$44,044
Aug 2025
Sales mix
53% Liq
47% 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)$3,999/mo
NNN CAM / insurance$600/mo
Total occupancy$4,695/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 $457,013 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$457,013
COGS (24%)−$109,683
Labor (14%)−$63,982
Occupancy−$50,701
TX MB gross tax (6.7%)−$30,620
Utilities / ins / mktg (8%)−$36,561
Card surcharge net+$5,027
Net profit $170,493
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$457,013
COGS (27%)−$123,394
Labor (17%)−$77,692
Occupancy−$56,334
TX MB gross tax (6.7%)−$30,620
Utilities / ins / mktg (10%)−$45,701
Card surcharge net+$5,027
Net profit $128,299
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$457,013
COGS (30%)−$137,104
Labor (22%)−$100,543
Occupancy−$61,968
TX MB gross tax (6.7%)−$30,620
Utilities / ins / mktg (12%)−$54,842
Card surcharge net+$5,027
Net profit $76,964
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 Tierra Colorado INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $128,299/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 (~$128,299 net) estimated

Revenue multiple
$229k–$366k
0.5–0.8× gross
SDE multiple
$321k–$449k
2.5–3.5× earnings
Cap rate
$389k–$513k
25–33%
Suggested range
$321k–$449k
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 · Mexican Restaurant

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

We estimate this mexican restaurant pulls $1,305,751–$2,285,065/yr in total revenue (your liquor portion of $457,013 is roughly 20–35% 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
$1,306k–$2,285k
food + liquor + service
Estimated net (10–15%)
$131k–$343k
restaurant margin
Full-business value
$359k–$1,257k
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 2026-08-20

Lookup pending — check back tomorrow

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