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Financials

MB1089247
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Hitchin' Post

105 S LLANO ST, Fredericksburg, TX 78624 · TABC MB1089247

Mixed Beverage Fredericksburg Market Enriched 2026-07-12
$489,653 Annual gross (L12M) ▲ 3.1% latest MoM Click for monthly detail
$40,804 Avg monthly ▲ 8.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $137,544/yr est. net Click for cost model
$344k–$481k Est. acquisition range 0.84× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $489,653 – $544,059/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Hitchin' Post is a mixed-beverage licensed establishment at 105 S LLANO ST, Fredericksburg, Texas (TABC MB1089247). Over the most recent 12 months it reported $489,653 in gross alcohol sales, averaging $40,804/month with a best month of $47,691. Sales mix: ~54% liquor · 31% beer · 15% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $137,544 (~28% margin). Acquisition value is estimated at $344k–$481k 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
$489,653
Avg monthly
$40,804
Best month
$47,691
Mar 2026
Sales mix
54% Liq
31% Beer · 15% 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)$4,284/mo
NNN CAM / insurance$643/mo
Total occupancy$5,023/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 $489,653 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$489,653
COGS (24%)−$117,517
Labor (14%)−$68,551
Occupancy−$54,248
TX MB gross tax (6.7%)−$32,807
Utilities / ins / mktg (8%)−$39,172
Card surcharge net+$5,386
Net profit $182,744
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$489,653
COGS (27%)−$132,206
Labor (17%)−$83,241
Occupancy−$60,276
TX MB gross tax (6.7%)−$32,807
Utilities / ins / mktg (10%)−$48,965
Card surcharge net+$5,386
Net profit $137,544
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$489,653
COGS (30%)−$146,896
Labor (22%)−$107,724
Occupancy−$66,303
TX MB gross tax (6.7%)−$32,807
Utilities / ins / mktg (12%)−$58,758
Card surcharge net+$5,386
Net profit $82,551
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 Hitchin' Post Of Fredericksburg LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $137,544/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 (~$137,544 net) estimated

Revenue multiple
$245k–$392k
0.5–0.8× gross
SDE multiple
$344k–$481k
2.5–3.5× earnings
Cap rate
$417k–$550k
25–33%
Suggested range
$344k–$481k
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 2026-08-26

Lookup pending — check back tomorrow

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