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MB896474
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La Bodega Mexican Restaurant

2700 N BIG SPRING ST, Midland, TX 79705 · TABC MB896474

Mixed Beverage Midland Market Enriched 2026-08-19
$198,066 Annual gross (L12M) ▼ 23.9% latest MoM Click for monthly detail
$16,506 Avg monthly ▼ 22.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $54,952/yr est. net Click for cost model
$137k–$192k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $565,903 – $990,330/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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La Bodega Mexican Restaurant is a mixed-beverage licensed establishment at 2700 N BIG SPRING ST, Midland, Texas (TABC MB896474). Over the most recent 12 months it reported $198,066 in gross alcohol sales, averaging $16,506/month with a best month of $19,070. Sales mix: ~65% liquor · 32% beer · 3% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $54,952 (~28% margin). Acquisition value is estimated at $137k–$192k 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
$198,066
Avg monthly
$16,506
Best month
$19,070
Aug 2025
Sales mix
65% Liq
32% Beer · 3% 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)$1,733/mo
NNN CAM / insurance$260/mo
Total occupancy$2,089/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 $198,066 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$198,066
COGS (24%)−$47,536
Labor (14%)−$27,729
Occupancy−$22,560
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (8%)−$15,845
Card surcharge net+$2,179
Net profit $73,304
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$198,066
COGS (27%)−$53,478
Labor (17%)−$33,671
Occupancy−$25,066
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (10%)−$19,807
Card surcharge net+$2,179
Net profit $54,952
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$198,066
COGS (30%)−$59,420
Labor (22%)−$43,575
Occupancy−$27,573
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (12%)−$23,768
Card surcharge net+$2,179
Net profit $32,639
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 Margarita La Bodega INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $54,952/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 (~$54,952 net) estimated

Revenue multiple
$99k–$158k
0.5–0.8× gross
SDE multiple
$137k–$192k
2.5–3.5× earnings
Cap rate
$167k–$220k
25–33%
Suggested range
$137k–$192k
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 · Mexican Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this mexican restaurant pulls $565,903–$990,330/yr in total revenue (your liquor portion of $198,066 is roughly 20–35% 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
$566k–$990k
food + liquor + service
Estimated net (10–15%)
$57k–$149k
restaurant margin
Full-business value
$156k–$545k
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 2026-08-20

Lookup pending — check back tomorrow

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