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Financials

RM894126
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Mktrr 3 Beverage LLC

6615 SNIDER PLZ, University Park, TX 75205 · TABC RM894126

Mixed Beverage University Park Market Enriched 2026-08-19
$1,676,261 Annual gross (L12M) ▼ 25.6% latest MoM Click for monthly detail
$139,688 Avg monthly ▼ 4.2% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $498,218/yr est. net Click for cost model
$1,246k–$1,676k Est. acquisition range 0.87× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,764,485 – $1,972,072/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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Mktrr 3 Beverage LLC is a mixed-beverage licensed establishment at 6615 SNIDER PLZ, University Park, Texas (TABC RM894126). Over the most recent 12 months it reported $1,676,261 in gross alcohol sales, averaging $139,688/month with a best month of $179,827. Sales mix: ~79% liquor · 17% beer · 4% wine. The building at this address is owned by DIAMOND HILLCREST LLC (174,547 sqft, $37,550,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $498,218 (~30% margin). Acquisition value is estimated at $1,246k–$1,676k 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
$1,676,261
Avg monthly
$139,688
Best month
$179,827
May 2026
Sales mix
79% Liq
17% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID60C0950000OFFIC00
Property owner (landlord)DIAMOND HILLCREST LLC
Total building SF174,547
Assessed value$37,550,000

Mktrr 3 Beverage LLC's share

Est. base rent ~$26/sqft/yr · 5,000 sqft · Class A $10,756/mo
NNN CAM / insurance$1,613/mo
NNN property tax$2,151/mo
Personal property tax own fixtures · Prop 99070920260000000 $395/mo
Total occupancy $14,916/mo

Occupancy analysis

All-in occupancy cost is 10.7% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $1,676,261 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,676,261
COGS (24%)−$402,303
Labor (14%)−$234,677
Occupancy−$161,093
TX MB gross tax (6.7%)−$112,309
Utilities / ins / mktg (8%)−$134,101
Card surcharge net+$18,439
Net profit $650,218
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,676,261
COGS (27%)−$452,590
Labor (17%)−$284,964
Occupancy−$178,992
TX MB gross tax (6.7%)−$112,309
Utilities / ins / mktg (10%)−$167,626
Card surcharge net+$18,439
Net profit $498,218
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,676,261
COGS (30%)−$502,878
Labor (22%)−$368,777
Occupancy−$196,891
TX MB gross tax (6.7%)−$112,309
Utilities / ins / mktg (12%)−$201,151
Card surcharge net+$18,439
Net profit $312,692
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 Mktrr 3 Beverage LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $498,218/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 (~$498,218 net) estimated

Revenue multiple
$838k–$1.34M
0.5–0.8× gross
SDE multiple
$1.25M–$1.74M
2.5–3.5× earnings
Cap rate
$1.51M–$1.99M
25–33%
Suggested range
$1,246k–$1,676k
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 2026-06-05

Lookup pending — check back tomorrow

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