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MB200080070
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Jw's Steakhouse

122 S HAUPTSTRASSE ST, Carmine, TX 78932 · TABC MB200080070

Mixed Beverage Carmine Market Enriched 2026-09-10
$209,429 Annual gross (L12M) ▼ 2.0% latest MoM Click for monthly detail
$17,452 Avg monthly ▼ 11.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $58,171/yr est. net Click for cost model
$145k–$204k 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 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): $523,572 – $837,716/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

Jw's Steakhouse is a mixed-beverage licensed establishment at 122 S HAUPTSTRASSE ST, Carmine, Texas (TABC MB200080070). Over the most recent 12 months it reported $209,429 in gross alcohol sales, averaging $17,452/month with a best month of $27,185. Sales mix: ~30% liquor · 29% beer · 41% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $58,171 (~28% margin). Acquisition value is estimated at $145k–$204k 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
$209,429
Avg monthly
$17,452
Best month
$27,185
Mar 2026
Sales mix
30% Liq
29% Beer · 41% 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)$1,833/mo
NNN CAM / insurance$275/mo
Total occupancy$2,203/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 $209,429 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$209,429
COGS (24%)−$50,263
Labor (14%)−$29,320
Occupancy−$23,795
TX MB gross tax (6.7%)−$14,032
Utilities / ins / mktg (8%)−$16,754
Card surcharge net+$2,304
Net profit $77,569
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$209,429
COGS (27%)−$56,546
Labor (17%)−$35,603
Occupancy−$26,439
TX MB gross tax (6.7%)−$14,032
Utilities / ins / mktg (10%)−$20,943
Card surcharge net+$2,304
Net profit $58,171
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$209,429
COGS (30%)−$62,829
Labor (22%)−$46,074
Occupancy−$29,082
TX MB gross tax (6.7%)−$14,032
Utilities / ins / mktg (12%)−$25,131
Card surcharge net+$2,304
Net profit $34,584
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 Jw's Steakhouse LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $58,171/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 (~$58,171 net) estimated

Revenue multiple
$105k–$168k
0.5–0.8× gross
SDE multiple
$145k–$204k
2.5–3.5× earnings
Cap rate
$176k–$233k
25–33%
Suggested range
$145k–$204k
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 $523,572–$837,716/yr in total revenue (your liquor portion of $209,429 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
$524k–$838k
food + liquor + service
Estimated net (10–15%)
$52k–$126k
restaurant margin
Full-business value
$144k–$461k
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 2026-06-10

No federal lawsuits — past or pending