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MB200051557
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Cheddar's Scratch Kitchen #2211

31 NE LOOP 410, San Antonio, TX 78216 · TABC MB200051557

Mixed Beverage San Antonio Market Enriched 2026-07-12
$349,759 Annual gross (L12M) ▲ 29.6% latest MoM Click for monthly detail
$29,147 Avg monthly ▲ 11.4% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $140,151/yr est. net Click for cost model
$350k–$350k Est. acquisition range 1.00× 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $437,199 – $582,932/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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Cheddar's Scratch Kitchen #2211 is a mixed-beverage licensed establishment at 31 NE LOOP 410, San Antonio, Texas (TABC MB200051557). Over the most recent 12 months it reported $349,759 in gross alcohol sales, averaging $29,147/month with a best month of $37,286. Sales mix: ~76% liquor · 19% beer · 5% wine. The building at this address is owned by STATE OF TEXAS $20 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $140,151 (~40% margin). Acquisition value is estimated at $350k–$350k 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
$349,759
Avg monthly
$29,147
Best month
$37,286
Jun 2025
Sales mix
76% Liq
19% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID518428
Property owner (landlord)STATE OF TEXAS
Assessed value$20

Cheddar's Scratch Kitchen #2211's share

Est. base rent ~$0/sqft/yr · 2,500 sqft · Class C $0/mo
NNN CAM / insurance$0/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $96/mo
Total occupancy $96/mo

Occupancy analysis

All-in occupancy cost is 0.3% 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 $349,759 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$349,759
COGS (24%)−$83,942
Labor (14%)−$48,966
Occupancy−$1,036
TX MB gross tax (6.7%)−$23,434
Utilities / ins / mktg (8%)−$27,981
Card surcharge net+$3,847
Net profit $168,247
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$349,759
COGS (27%)−$94,435
Labor (17%)−$59,459
Occupancy−$1,151
TX MB gross tax (6.7%)−$23,434
Utilities / ins / mktg (10%)−$34,976
Card surcharge net+$3,847
Net profit $140,151
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$349,759
COGS (30%)−$104,928
Labor (22%)−$76,947
Occupancy−$1,266
TX MB gross tax (6.7%)−$23,434
Utilities / ins / mktg (12%)−$41,971
Card surcharge net+$3,847
Net profit $105,060
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 Cheddar's Casual Cafe INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $140,151/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 (~$140,151 net) estimated

Revenue multiple
$175k–$280k
0.5–0.8× gross
SDE multiple
$350k–$491k
2.5–3.5× earnings
Cap rate
$425k–$561k
25–33%
Suggested range
$350k–$350k
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 2026-05-22

Lookup pending — check back tomorrow

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