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Financials

MB930238
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Pub 50

5001 AVENUE Q STE B, Lubbock, TX 79412 · TABC MB930238

Mixed Beverage Lubbock Market Enriched 2026-07-11
$338,033 Annual gross (L12M) ▼ 5.4% latest MoM Click for monthly detail
$28,169 Avg monthly ▲ 0.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $94,598/yr est. net Click for cost model
$236k–$331k 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $422,541 – $563,388/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

Pub 50 is a mixed-beverage licensed establishment at 5001 AVENUE Q STE B, Lubbock, Texas (TABC MB930238). Over the most recent 12 months it reported $338,033 in gross alcohol sales, averaging $28,169/month with a best month of $34,630. Sales mix: ~55% liquor · 41% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $94,598 (~28% margin). Acquisition value is estimated at $236k–$331k 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
$338,033
Avg monthly
$28,169
Best month
$34,630
Nov 2025
Sales mix
55% Liq
41% Beer · 4% 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)$2,958/mo
NNN CAM / insurance$444/mo
Total occupancy$3,497/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 $338,033 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$338,033
COGS (24%)−$81,128
Labor (14%)−$47,325
Occupancy−$37,771
TX MB gross tax (6.7%)−$22,648
Utilities / ins / mktg (8%)−$27,043
Card surcharge net+$3,718
Net profit $125,837
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$338,033
COGS (27%)−$91,269
Labor (17%)−$57,466
Occupancy−$41,967
TX MB gross tax (6.7%)−$22,648
Utilities / ins / mktg (10%)−$33,803
Card surcharge net+$3,718
Net profit $94,598
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$338,033
COGS (30%)−$101,410
Labor (22%)−$74,367
Occupancy−$46,164
TX MB gross tax (6.7%)−$22,648
Utilities / ins / mktg (12%)−$40,564
Card surcharge net+$3,718
Net profit $56,598
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 D & J Firewalkers LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $94,598/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 (~$94,598 net) estimated

Revenue multiple
$169k–$270k
0.5–0.8× gross
SDE multiple
$236k–$331k
2.5–3.5× earnings
Cap rate
$287k–$378k
25–33%
Suggested range
$236k–$331k
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 2026-06-12

No federal lawsuits — past or pending