← Manditos /

Financials

MB105569142
Dashboard › Manditos › Financial Intelligence

Manditos

102 S WASHINGTON ST, Round Top, TX 78954 · TABC MB105569142

Mixed Beverage Round Top Market Enriched 2026-09-02
$184,418 Annual gross (L12M) ▲ 61.5% latest MoM Click for monthly detail
$15,368 Avg monthly ▼ 32.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $51,086/yr est. net Click for cost model
$128k–$179k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $184,418 – $204,909/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Manditos My bars

Executive Summary

Click to expand full narrative

Manditos is a mixed-beverage licensed establishment at 102 S WASHINGTON ST, Round Top, Texas (TABC MB105569142). Over the most recent 12 months it reported $184,418 in gross alcohol sales, averaging $15,368/month with a best month of $51,073. Sales mix: ~82% liquor · 16% beer · 2% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $51,086 (~28% margin). Acquisition value is estimated at $128k–$179k 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
$184,418
Avg monthly
$15,368
Best month
$51,073
Oct 2025
Sales mix
82% Liq
16% Beer · 2% 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)$1,614/mo
NNN CAM / insurance$242/mo
Total occupancy$1,952/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 $184,418 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$184,418
COGS (24%)−$44,260
Labor (14%)−$25,819
Occupancy−$21,077
TX MB gross tax (6.7%)−$12,356
Utilities / ins / mktg (8%)−$14,753
Card surcharge net+$2,029
Net profit $68,182
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$184,418
COGS (27%)−$49,793
Labor (17%)−$31,351
Occupancy−$23,418
TX MB gross tax (6.7%)−$12,356
Utilities / ins / mktg (10%)−$18,442
Card surcharge net+$2,029
Net profit $51,086
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$184,418
COGS (30%)−$55,325
Labor (22%)−$40,572
Occupancy−$25,760
TX MB gross tax (6.7%)−$12,356
Utilities / ins / mktg (12%)−$22,130
Card surcharge net+$2,029
Net profit $30,303
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 102 Washington LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $51,086/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 (~$51,086 net) estimated

Revenue multiple
$92k–$148k
0.5–0.8× gross
SDE multiple
$128k–$179k
2.5–3.5× earnings
Cap rate
$155k–$204k
25–33%
Suggested range
$128k–$179k
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 2026-07-10

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.