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Financials

MB923222
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Robbin's Nest

5202 MARSHA SHARP FWY, Lubbock, TX 79407 · TABC MB923222

Mixed Beverage Lubbock Market Enriched 2026-09-13
$543,235 Annual gross (L12M) ▼ 38.2% latest MoM Click for monthly detail
$45,270 Avg monthly ▼ 41.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $152,622/yr est. net Click for cost model
$382k–$534k 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 Dive Bar, liquor is typically only 85–98% of total business revenue. Almost entirely liquor. Estimated total revenue (rough): $554,321 – $639,100/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

Robbin's Nest is a mixed-beverage licensed establishment at 5202 MARSHA SHARP FWY, Lubbock, Texas (TABC MB923222). Over the most recent 12 months it reported $543,235 in gross alcohol sales, averaging $45,270/month with a best month of $50,693. Sales mix: ~58% liquor · 42% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $152,622 (~28% margin). Acquisition value is estimated at $382k–$534k 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
$543,235
Avg monthly
$45,270
Best month
$50,693
Mar 2025
Sales mix
58% Liq
42% Beer · 0% 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)$4,753/mo
NNN CAM / insurance$713/mo
Total occupancy$5,570/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 $543,235 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$543,235
COGS (24%)−$130,376
Labor (14%)−$76,053
Occupancy−$60,161
TX MB gross tax (6.7%)−$36,397
Utilities / ins / mktg (8%)−$43,459
Card surcharge net+$5,976
Net profit $202,765
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$543,235
COGS (27%)−$146,673
Labor (17%)−$92,350
Occupancy−$66,845
TX MB gross tax (6.7%)−$36,397
Utilities / ins / mktg (10%)−$54,324
Card surcharge net+$5,976
Net profit $152,622
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$543,235
COGS (30%)−$162,970
Labor (22%)−$119,512
Occupancy−$73,530
TX MB gross tax (6.7%)−$36,397
Utilities / ins / mktg (12%)−$65,188
Card surcharge net+$5,976
Net profit $91,614
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 To LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $152,622/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 (~$152,622 net) estimated

Revenue multiple
$272k–$435k
0.5–0.8× gross
SDE multiple
$382k–$534k
2.5–3.5× earnings
Cap rate
$462k–$610k
25–33%
Suggested range
$382k–$534k
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 2026-07-08

Lookup pending — check back tomorrow

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