← Nueces Whiskey Library /

Financials

MB200066665
Dashboard › Nueces Whiskey Library › Financial Intelligence

Nueces Whiskey Library

3827 S ALAMEDA ST, Corpus Christi, TX 78411 · TABC MB200066665

Mixed Beverage Corpus Christi Market Enriched 2026-07-12
$369,658 Annual gross (L12M) ▼ 5.7% latest MoM Click for monthly detail
$30,805 Avg monthly ▼ 9.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $103,556/yr est. net Click for cost model
$259k–$362k 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): $369,658 – $410,731/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Nueces Whiskey Library My bars

Executive Summary

Click to expand full narrative

Nueces Whiskey Library is a mixed-beverage licensed establishment at 3827 S ALAMEDA ST, Corpus Christi, Texas (TABC MB200066665). Over the most recent 12 months it reported $369,658 in gross alcohol sales, averaging $30,805/month with a best month of $36,524. Sales mix: ~87% liquor · 2% beer · 11% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $103,556 (~28% margin). Acquisition value is estimated at $259k–$362k 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
$369,658
Avg monthly
$30,805
Best month
$36,524
Dec 2025
Sales mix
87% Liq
2% Beer · 11% 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)$3,235/mo
NNN CAM / insurance$485/mo
Total occupancy$3,816/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 $369,658 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$369,658
COGS (24%)−$88,718
Labor (14%)−$51,752
Occupancy−$41,208
TX MB gross tax (6.7%)−$24,767
Utilities / ins / mktg (8%)−$29,573
Card surcharge net+$4,066
Net profit $137,707
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$369,658
COGS (27%)−$99,808
Labor (17%)−$62,842
Occupancy−$45,786
TX MB gross tax (6.7%)−$24,767
Utilities / ins / mktg (10%)−$36,966
Card surcharge net+$4,066
Net profit $103,556
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$369,658
COGS (30%)−$110,897
Labor (22%)−$81,325
Occupancy−$50,365
TX MB gross tax (6.7%)−$24,767
Utilities / ins / mktg (12%)−$44,359
Card surcharge net+$4,066
Net profit $62,011
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 Nwl Restaurant LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $103,556/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 (~$103,556 net) estimated

Revenue multiple
$185k–$296k
0.5–0.8× gross
SDE multiple
$259k–$362k
2.5–3.5× earnings
Cap rate
$314k–$414k
25–33%
Suggested range
$259k–$362k
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 2026-07-11

No federal lawsuits — past or pending