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Financials

MB1070363
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Charlie's Bar & Grill

210 HWY 73 S, Winnie, TX 77665 · TABC MB1070363

Mixed Beverage Winnie Market Enriched 2026-07-11
$391,441 Annual gross (L12M) ▲ 13.5% latest MoM Click for monthly detail
$32,620 Avg monthly ▲ 0.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $109,726/yr est. net Click for cost model
$274k–$384k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $869,869 – $1,565,764/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

Charlie's Bar & Grill is a mixed-beverage licensed establishment at 210 HWY 73 S, Winnie, Texas (TABC MB1070363). Over the most recent 12 months it reported $391,441 in gross alcohol sales, averaging $32,620/month with a best month of $43,856. Sales mix: ~55% liquor · 45% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $109,726 (~28% margin). Acquisition value is estimated at $274k–$384k 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
$391,441
Avg monthly
$32,620
Best month
$43,856
Sep 2025
Sales mix
55% Liq
45% Beer · 1% 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)$3,425/mo
NNN CAM / insurance$514/mo
Total occupancy$4,035/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 $391,441 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$391,441
COGS (24%)−$93,946
Labor (14%)−$54,802
Occupancy−$43,575
TX MB gross tax (6.7%)−$26,227
Utilities / ins / mktg (8%)−$31,315
Card surcharge net+$4,306
Net profit $145,883
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$391,441
COGS (27%)−$105,689
Labor (17%)−$66,545
Occupancy−$48,417
TX MB gross tax (6.7%)−$26,227
Utilities / ins / mktg (10%)−$39,144
Card surcharge net+$4,306
Net profit $109,726
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$391,441
COGS (30%)−$117,432
Labor (22%)−$86,117
Occupancy−$53,258
TX MB gross tax (6.7%)−$26,227
Utilities / ins / mktg (12%)−$46,973
Card surcharge net+$4,306
Net profit $65,740
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 Monthom INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $109,726/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 (~$109,726 net) estimated

Revenue multiple
$196k–$313k
0.5–0.8× gross
SDE multiple
$274k–$384k
2.5–3.5× earnings
Cap rate
$333k–$439k
25–33%
Suggested range
$274k–$384k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $869,869–$1,565,764/yr in total revenue (your liquor portion of $391,441 is roughly 25–45% 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
$870k–$1,566k
food + liquor + service
Estimated net (10–15%)
$87k–$235k
restaurant margin
Full-business value
$239k–$861k
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 2026-07-09

No federal lawsuits — past or pending