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Financials

MB103326649
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Longhorn Steakhouse #5465

106 BASS PRO DR, Harlingen, TX 78552 · TABC MB103326649

Mixed Beverage Harlingen Market Enriched 2026-07-12
$471,637 Annual gross (L12M) ▲ 26.6% latest MoM Click for monthly detail
$39,303 Avg monthly ▲ 17.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $132,441/yr est. net Click for cost model
$331k–$464k 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 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): $1,179,092 – $1,886,548/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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Longhorn Steakhouse #5465 is a mixed-beverage licensed establishment at 106 BASS PRO DR, Harlingen, Texas (TABC MB103326649). Over the most recent 12 months it reported $471,637 in gross alcohol sales, averaging $39,303/month with a best month of $50,276. Sales mix: ~54% liquor · 34% beer · 12% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $132,441 (~28% margin). Acquisition value is estimated at $331k–$464k 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
$471,637
Avg monthly
$39,303
Best month
$50,276
Mar 2026
Sales mix
54% Liq
34% Beer · 12% 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)$4,127/mo
NNN CAM / insurance$619/mo
Total occupancy$4,842/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 $471,637 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$471,637
COGS (24%)−$113,193
Labor (14%)−$66,029
Occupancy−$52,290
TX MB gross tax (6.7%)−$31,600
Utilities / ins / mktg (8%)−$37,731
Card surcharge net+$5,188
Net profit $175,982
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$471,637
COGS (27%)−$127,342
Labor (17%)−$80,178
Occupancy−$58,100
TX MB gross tax (6.7%)−$31,600
Utilities / ins / mktg (10%)−$47,164
Card surcharge net+$5,188
Net profit $132,441
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$471,637
COGS (30%)−$141,491
Labor (22%)−$103,760
Occupancy−$63,910
TX MB gross tax (6.7%)−$31,600
Utilities / ins / mktg (12%)−$56,596
Card surcharge net+$5,188
Net profit $79,467
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 Rare Hospitality International INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $132,441/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 (~$132,441 net) estimated

Revenue multiple
$236k–$377k
0.5–0.8× gross
SDE multiple
$331k–$464k
2.5–3.5× earnings
Cap rate
$401k–$530k
25–33%
Suggested range
$331k–$464k
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 $1,179,092–$1,886,548/yr in total revenue (your liquor portion of $471,637 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
$1,179k–$1,887k
food + liquor + service
Estimated net (10–15%)
$118k–$283k
restaurant margin
Full-business value
$324k–$1,038k
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 2026-05-22

Lookup pending — check back tomorrow

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