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Financials

MB200146190
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Saludos Cocina & Bar

398 E SAN ANTONIO ST, New Braunfels, TX 78130 · TABC MB200146190

Mixed Beverage New Braunfels Market Enriched 2026-07-09
$664,916 Annual gross (L12M) ▲ 20.6% latest MoM Click for monthly detail
$132,983 Avg monthly ▲ 21.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $187,008/yr est. net Click for cost model
$468k–$655k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,477,591 – $2,659,664/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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Saludos Cocina & Bar is a mixed-beverage licensed establishment at 398 E SAN ANTONIO ST, New Braunfels, Texas (TABC MB200146190). Over the most recent 12 months it reported $664,916 in gross alcohol sales, averaging $132,983/month with a best month of $180,858. Sales mix: ~83% liquor · 12% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $187,008 (~28% margin). Acquisition value is estimated at $468k–$655k 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
$664,916
Avg monthly
$132,983
Best month
$180,858
Mar 2026
Sales mix
83% Liq
12% Beer · 5% 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)$5,818/mo
NNN CAM / insurance$873/mo
Total occupancy$6,802/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 $664,916 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$664,916
COGS (24%)−$159,580
Labor (14%)−$93,088
Occupancy−$73,457
TX MB gross tax (6.7%)−$44,549
Utilities / ins / mktg (8%)−$53,193
Card surcharge net+$7,314
Net profit $248,363
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$664,916
COGS (27%)−$179,527
Labor (17%)−$113,036
Occupancy−$81,618
TX MB gross tax (6.7%)−$44,549
Utilities / ins / mktg (10%)−$66,492
Card surcharge net+$7,314
Net profit $187,008
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$664,916
COGS (30%)−$199,475
Labor (22%)−$146,282
Occupancy−$89,780
TX MB gross tax (6.7%)−$44,549
Utilities / ins / mktg (12%)−$79,790
Card surcharge net+$7,314
Net profit $112,354
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 Boomer Dad LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $187,008/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 (~$187,008 net) estimated

Revenue multiple
$332k–$532k
0.5–0.8× gross
SDE multiple
$468k–$655k
2.5–3.5× earnings
Cap rate
$567k–$748k
25–33%
Suggested range
$468k–$655k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $1,477,591–$2,659,664/yr in total revenue (your liquor portion of $664,916 is roughly 25–45% 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
$1,478k–$2,660k
food + liquor + service
Estimated net (10–15%)
$148k–$399k
restaurant margin
Full-business value
$406k–$1,463k
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 2026-07-08

Lookup pending — check back tomorrow

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