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Financials

MB938146
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Hopdoddy Burger Bar

17623 LA CANTERA PKWY STE 101, San Antonio, TX 78257 · TABC MB938146

Mixed Beverage San Antonio Market Enriched 2026-07-12
$317,759 Annual gross (L12M) ▲ 13.1% latest MoM Click for monthly detail
$26,480 Avg monthly ▲ 0.4% latest vs avg Click for monthly detail
~21% Est. net margin (likely) $66,778/yr est. net Click for cost model
$167k–$234k Est. acquisition range 0.63× annual gross (blended) Click for valuation methods
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Executive Summary

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Hopdoddy Burger Bar is a mixed-beverage licensed establishment at 17623 LA CANTERA PKWY STE 101, San Antonio, Texas (TABC MB938146). Over the most recent 12 months it reported $317,759 in gross alcohol sales, averaging $26,480/month with a best month of $30,382. Sales mix: ~59% liquor · 39% beer · 2% wine. The building at this address is owned by BVA KIM RIM SPE LLC ET AL (196,272 sqft, $38,500,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $66,778 (~21% margin). Acquisition value is estimated at $167k–$234k 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
$317,759
Avg monthly
$26,480
Best month
$30,382
Jun 2025
Sales mix
59% Liq
39% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1224907
Property owner (landlord)BVA KIM RIM SPE LLC ET AL
Total building SF whole parcel — Hopdoddy Burger Bar is in STE 101196,272
Hopdoddy Burger Bar's footprint estimated — suite-level not on file 2,500 sf
Assessed value$38,500,000

Hopdoddy Burger Bar's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class B $2,758/mo
NNN CAM / insurance$414/mo
NNN property tax$940/mo
Personal property tax own fixtures · Prop 1274931 $655/mo
Total occupancy $4,766/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 $317,759 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$317,759
COGS (24%)−$76,262
Labor (14%)−$44,486
Occupancy−$51,477
TX MB gross tax (6.7%)−$21,290
Utilities / ins / mktg (8%)−$25,421
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$3,495
Net profit $97,918
Most Likely
Typical bar, light food program, full two-shift staffing
~21%
Revenue$317,759
COGS (27%)−$85,795
Labor (17%)−$54,019
Occupancy−$57,197
TX MB gross tax (6.7%)−$21,290
Utilities / ins / mktg (10%)−$31,776
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$3,495
Net profit $66,778
Stressed
Heavy food, larger crew, higher rent
~9%
Revenue$317,759
COGS (30%)−$95,328
Labor (22%)−$69,907
Occupancy−$62,916
TX MB gross tax (6.7%)−$21,290
Utilities / ins / mktg (12%)−$38,131
Music licensingASCAP + BMI + SESAC + GMR combined−$4,400
Card surcharge net+$3,495
Net profit $29,282
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 Hopdoddy San Antonio The Rim LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $66,778/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 (~$66,778 net) estimated

Revenue multiple
$159k–$254k
0.5–0.8× gross
SDE multiple
$167k–$234k
2.5–3.5× earnings
Cap rate
$202k–$267k
25–33%
Suggested range
$167k–$234k
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 2026-06-07

No federal lawsuits — past or pending