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Financials

MB985810
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Dick's Last Resort

223 LOSOYA ST, San Antonio, TX 78205 · TABC MB985810

Mixed Beverage San Antonio Market Enriched 2026-07-10
$644,403 Annual gross (L12M) ▼ 12.0% latest MoM Click for monthly detail
$53,700 Avg monthly ▼ 12.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $142,146/yr est. net Click for cost model
$355k–$498k Est. acquisition range 0.66× 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $716,003 – $920,576/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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Dick's Last Resort is a mixed-beverage licensed establishment at 223 LOSOYA ST, San Antonio, Texas (TABC MB985810). Over the most recent 12 months it reported $644,403 in gross alcohol sales, averaging $53,700/month with a best month of $71,739. Sales mix: ~63% liquor · 36% beer · 1% wine. The building at this address is owned by LOSOYA STREET PROPERTIES LLC (31,076 sqft, $8,800,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $142,146 (~22% margin). Acquisition value is estimated at $355k–$498k 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
$644,403
Avg monthly
$53,700
Best month
$71,739
Mar 2026
Sales mix
63% Liq
36% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1191662
Property owner (landlord)LOSOYA STREET PROPERTIES LLC
Total building SF31,076
Assessed value$8,800,000

Dick's Last Resort's share

Est. base rent ~$22/sqft/yr · 3,500 sqft · Class A $6,426/mo
NNN CAM / insurance$964/mo
NNN property tax$1,900/mo
Personal property tax own fixtures · Prop 1279596 $377/mo
Total occupancy $9,666/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $644,403 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$644,403
COGS (24%)−$154,657
Labor (14%)−$90,216
Occupancy−$104,393
TX MB gross tax (6.7%)−$43,175
Utilities / ins / mktg (8%)−$51,552
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,088
Net profit $205,298
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$644,403
COGS (27%)−$173,989
Labor (17%)−$109,549
Occupancy−$115,993
TX MB gross tax (6.7%)−$43,175
Utilities / ins / mktg (10%)−$64,440
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,088
Net profit $142,146
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$644,403
COGS (30%)−$193,321
Labor (22%)−$141,769
Occupancy−$127,592
TX MB gross tax (6.7%)−$43,175
Utilities / ins / mktg (12%)−$77,328
Music licensingASCAP + BMI + SESAC + GMR combined−$2,200
Card surcharge net+$7,088
Net profit $66,107
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 Mcc Resort San Antonio LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $142,146/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 (~$142,146 net) estimated

Revenue multiple
$322k–$516k
0.5–0.8× gross
SDE multiple
$355k–$498k
2.5–3.5× earnings
Cap rate
$431k–$569k
25–33%
Suggested range
$355k–$498k
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 2026-07-13

No federal lawsuits — past or pending