← Heb True Texas Bbq (Lubbock) /

Financials

MB1095620
Dashboard › Heb True Texas Bbq (Lubbock) › Financial Intelligence

Heb True Texas Bbq (Lubbock)

4405 114TH ST, Lubbock, TX 79424 · TABC MB1095620

Mixed Beverage Lubbock Market Enriched 2026-07-10
$191,580 Annual gross (L12M) ▼ 3.6% latest MoM Click for monthly detail
$15,965 Avg monthly ▲ 7.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $53,115/yr est. net Click for cost model
$133k–$186k Est. acquisition range 0.83× annual gross (blended) Click for valuation methods
← Back to Heb True Texas Bbq (Lubbock) My bars

Executive Summary

Click to expand full narrative

Heb True Texas Bbq (Lubbock) is a mixed-beverage licensed establishment at 4405 114TH ST, Lubbock, Texas (TABC MB1095620). Over the most recent 12 months it reported $191,580 in gross alcohol sales, averaging $15,965/month with a best month of $18,061. Sales mix: ~38% liquor · 59% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $53,115 (~28% margin). Acquisition value is estimated at $133k–$186k 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
$191,580
Avg monthly
$15,965
Best month
$18,061
Mar 2026
Sales mix
38% Liq
59% Beer · 4% 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)$1,676/mo
NNN CAM / insurance$251/mo
Total occupancy$2,024/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 $191,580 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$191,580
COGS (24%)−$45,979
Labor (14%)−$26,821
Occupancy−$21,855
TX MB gross tax (6.7%)−$12,836
Utilities / ins / mktg (8%)−$15,326
Card surcharge net+$2,107
Net profit $70,870
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$191,580
COGS (27%)−$51,727
Labor (17%)−$32,569
Occupancy−$24,283
TX MB gross tax (6.7%)−$12,836
Utilities / ins / mktg (10%)−$19,158
Card surcharge net+$2,107
Net profit $53,115
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$191,580
COGS (30%)−$57,474
Labor (22%)−$42,148
Occupancy−$26,712
TX MB gross tax (6.7%)−$12,836
Utilities / ins / mktg (12%)−$22,990
Card surcharge net+$2,107
Net profit $31,529
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 Heb Beverage Company LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $53,115/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 (~$53,115 net) estimated

Revenue multiple
$96k–$153k
0.5–0.8× gross
SDE multiple
$133k–$186k
2.5–3.5× earnings
Cap rate
$161k–$212k
25–33%
Suggested range
$133k–$186k
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 2026-07-07

Lookup pending — check back tomorrow

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