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Financials

RM1092183
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Rancho Pizzeria/Black Cur

414 S COMMERCIAL AVE, Coleman, TX 76834 · TABC RM1092183

Mixed Beverage Coleman Market Enriched 2026-07-12
$297,137 Annual gross (L12M) ▲ 8.9% latest MoM Click for monthly detail
$24,761 Avg monthly ▲ 3.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $83,014/yr est. net Click for cost model
$208k–$291k 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 Pizza Restaurant, liquor is typically only 10–25% of total business revenue. Pizza-forward; liquor a side program. Total revenue 4–10× this number. Estimated total revenue (rough): $1,188,548 – $2,971,370/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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Rancho Pizzeria/Black Cur is a mixed-beverage licensed establishment at 414 S COMMERCIAL AVE, Coleman, Texas (TABC RM1092183). Over the most recent 12 months it reported $297,137 in gross alcohol sales, averaging $24,761/month with a best month of $28,652. Sales mix: ~46% liquor · 20% beer · 33% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $83,014 (~28% margin). Acquisition value is estimated at $208k–$291k 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
$297,137
Avg monthly
$24,761
Best month
$28,652
Jan 2026
Sales mix
46% Liq
20% Beer · 33% 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)$2,600/mo
NNN CAM / insurance$390/mo
Total occupancy$3,086/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 $297,137 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$297,137
COGS (24%)−$71,313
Labor (14%)−$41,599
Occupancy−$33,326
TX MB gross tax (6.7%)−$19,908
Utilities / ins / mktg (8%)−$23,771
Card surcharge net+$3,269
Net profit $110,488
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$297,137
COGS (27%)−$80,227
Labor (17%)−$50,513
Occupancy−$37,029
TX MB gross tax (6.7%)−$19,908
Utilities / ins / mktg (10%)−$29,714
Card surcharge net+$3,269
Net profit $83,014
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$297,137
COGS (30%)−$89,141
Labor (22%)−$65,370
Occupancy−$40,732
TX MB gross tax (6.7%)−$19,908
Utilities / ins / mktg (12%)−$35,656
Card surcharge net+$3,269
Net profit $49,597
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 Rancho Centro LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $83,014/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 (~$83,014 net) estimated

Revenue multiple
$149k–$238k
0.5–0.8× gross
SDE multiple
$208k–$291k
2.5–3.5× earnings
Cap rate
$252k–$332k
25–33%
Suggested range
$208k–$291k
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 · Pizza Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this pizza restaurant pulls $1,188,548–$2,971,370/yr in total revenue (your liquor portion of $297,137 is roughly 10–25% 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
$1,189k–$2,971k
food + liquor + service
Estimated net (10–15%)
$119k–$446k
restaurant margin
Full-business value
$327k–$1,634k
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 2026-07-05

No federal lawsuits — past or pending