← Hangar Bar & Grill /

Financials

N 921132
Dashboard › Hangar Bar & Grill › Financial Intelligence

Hangar Bar & Grill

1215 INTERSTATE HIGHWAY 30, Greenville, TX 75402 · TABC N 921132

Mixed Beverage Greenville Market Enriched 2026-08-28
$143,745 Annual gross (L12M) ▲ 18.9% latest MoM Click for monthly detail
$11,979 Avg monthly ▼ 7.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $39,566/yr est. net Click for cost model
$99k–$138k Est. acquisition range 0.83× 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): $319,433 – $574,980/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Hangar Bar & Grill My bars

Executive Summary

Click to expand full narrative

Hangar Bar & Grill is a mixed-beverage licensed establishment at 1215 INTERSTATE HIGHWAY 30, Greenville, Texas (TABC N 921132). Over the most recent 12 months it reported $143,745 in gross alcohol sales, averaging $11,979/month with a best month of $16,252. Sales mix: ~63% liquor · 37% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $39,566 (~28% margin). Acquisition value is estimated at $99k–$138k 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
$143,745
Avg monthly
$11,979
Best month
$16,252
Apr 2026
Sales mix
63% Liq
37% 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)$1,258/mo
NNN CAM / insurance$189/mo
Total occupancy$1,542/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 $143,745 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$143,745
COGS (24%)−$34,499
Labor (14%)−$20,124
Occupancy−$16,656
TX MB gross tax (6.7%)−$9,631
Utilities / ins / mktg (8%)−$11,500
Card surcharge net+$1,581
Net profit $52,916
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$143,745
COGS (27%)−$38,811
Labor (17%)−$24,437
Occupancy−$18,507
TX MB gross tax (6.7%)−$9,631
Utilities / ins / mktg (10%)−$14,374
Card surcharge net+$1,581
Net profit $39,566
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$143,745
COGS (30%)−$43,124
Labor (22%)−$31,624
Occupancy−$20,358
TX MB gross tax (6.7%)−$9,631
Utilities / ins / mktg (12%)−$17,249
Card surcharge net+$1,581
Net profit $23,341
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 The Hangar Bar Private Club INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $39,566/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 (~$39,566 net) estimated

Revenue multiple
$72k–$115k
0.5–0.8× gross
SDE multiple
$99k–$138k
2.5–3.5× earnings
Cap rate
$120k–$158k
25–33%
Suggested range
$99k–$138k
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 $319,433–$574,980/yr in total revenue (your liquor portion of $143,745 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
$319k–$575k
food + liquor + service
Estimated net (10–15%)
$32k–$86k
restaurant margin
Full-business value
$88k–$316k
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 2026-08-04

No federal lawsuits — past or pending