← Great American Steakhouse /

Financials

MB200077291
Dashboard › Great American Steakhouse › Financial Intelligence

Great American Steakhouse

1300 AIRWAY BLVD, El Paso, TX 79925 · TABC MB200077291

Mixed Beverage El Paso Market Enriched 2026-07-10
$425,192 Annual gross (L12M) ▲ 26.0% latest MoM Click for monthly detail
$35,433 Avg monthly ▲ 24.2% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $108,097/yr est. net Click for cost model
$270k–$378k Est. acquisition range 0.76× 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $1,062,980 – $1,700,768/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Great American Steakhouse My bars

Executive Summary

Click to expand full narrative

Great American Steakhouse is a mixed-beverage licensed establishment at 1300 AIRWAY BLVD, El Paso, Texas (TABC MB200077291). Over the most recent 12 months it reported $425,192 in gross alcohol sales, averaging $35,433/month with a best month of $56,738. Sales mix: ~55% liquor · 32% beer · 14% wine. The building at this address is owned by LANDSTAR HOTELS I LLC (55,964 sqft, $9,982,524 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $108,097 (~25% margin). Acquisition value is estimated at $270k–$378k 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
$425,192
Avg monthly
$35,433
Best month
$56,738
Dec 2025
Sales mix
55% Liq
32% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID676948
Property owner (landlord)LANDSTAR HOTELS I LLC
Total building SF55,964
Assessed value$9,982,524

Great American Steakhouse's share

Est. base rent ~$18/sqft/yr · 2,500 sqft · Class B $3,716/mo
NNN CAM / insurance$557/mo
NNN property tax$929/mo
Personal property tax est — no BPP record $104/mo
Total occupancy $5,307/mo

Occupancy analysis

All-in occupancy cost is 15.0% 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 $425,192 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$425,192
COGS (24%)−$102,046
Labor (14%)−$59,527
Occupancy−$57,313
TX MB gross tax (6.7%)−$28,488
Utilities / ins / mktg (8%)−$34,015
Card surcharge net+$4,677
Net profit $148,480
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$425,192
COGS (27%)−$114,802
Labor (17%)−$72,283
Occupancy−$63,681
TX MB gross tax (6.7%)−$28,488
Utilities / ins / mktg (10%)−$42,519
Card surcharge net+$4,677
Net profit $108,097
Stressed
Heavy food, larger crew, higher rent
~14%
Revenue$425,192
COGS (30%)−$127,558
Labor (22%)−$93,542
Occupancy−$70,049
TX MB gross tax (6.7%)−$28,488
Utilities / ins / mktg (12%)−$51,023
Card surcharge net+$4,677
Net profit $59,209
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 Ga Airway LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $108,097/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 (~$108,097 net) estimated

Revenue multiple
$213k–$340k
0.5–0.8× gross
SDE multiple
$270k–$378k
2.5–3.5× earnings
Cap rate
$328k–$432k
25–33%
Suggested range
$270k–$378k
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 · Steakhouse

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

We estimate this steakhouse pulls $1,062,980–$1,700,768/yr in total revenue (your liquor portion of $425,192 is roughly 25–40% 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
$1,063k–$1,701k
food + liquor + service
Estimated net (10–15%)
$106k–$255k
restaurant margin
Full-business value
$292k–$935k
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 2026-07-14

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.