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Financials

MB1075857
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Logies On Overton

2323 MAC DAVIS LN, Lubbock, TX 79401 · TABC MB1075857

Mixed Beverage Lubbock Market Enriched 2026-05-24
$2,912,747 Annual gross (L12M) ▲ 47.8% latest MoM Click for monthly detail
$242,729 Avg monthly ▲ 31.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $819,286/yr est. net Click for cost model
$2,048k–$2,867k 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): $2,912,747 – $3,236,386/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

Logies On Overton is a mixed-beverage licensed establishment at 2323 MAC DAVIS LN, Lubbock, Texas (TABC MB1075857). Over the most recent 12 months it reported $2,912,747 in gross alcohol sales, averaging $242,729/month with a best month of $318,322. Sales mix: ~70% liquor · 29% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $819,286 (~28% margin). Acquisition value is estimated at $2,048k–$2,867k 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
$2,912,747
Avg monthly
$242,729
Best month
$318,322
Apr 2026
Sales mix
70% Liq
29% Beer · 0% 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)$25,487/mo
NNN CAM / insurance$3,823/mo
Total occupancy$29,789/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 $2,912,747 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$2,912,747
COGS (24%)−$699,059
Labor (14%)−$407,785
Occupancy−$321,718
TX MB gross tax (6.7%)−$195,154
Utilities / ins / mktg (8%)−$233,020
Card surcharge net+$32,040
Net profit $1,088,052
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$2,912,747
COGS (27%)−$786,442
Labor (17%)−$495,167
Occupancy−$357,464
TX MB gross tax (6.7%)−$195,154
Utilities / ins / mktg (10%)−$291,275
Card surcharge net+$32,040
Net profit $819,286
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$2,912,747
COGS (30%)−$873,824
Labor (22%)−$640,804
Occupancy−$393,211
TX MB gross tax (6.7%)−$195,154
Utilities / ins / mktg (12%)−$349,530
Card surcharge net+$32,040
Net profit $492,264
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 Logies Lubbock LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $819,286/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 (~$819,286 net) estimated

Revenue multiple
$1.46M–$2.33M
0.5–0.8× gross
SDE multiple
$2.05M–$2.87M
2.5–3.5× earnings
Cap rate
$2.48M–$3.28M
25–33%
Suggested range
$2,048k–$2,867k
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 2026-05-27

Lookup pending — check back tomorrow

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