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Financials

MB872271
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Main Event

500 N JACKSON RD STE C, Pharr, TX 78577 · TABC MB872271

Mixed Beverage Pharr Market Enriched 2026-06-19
$867,637 Annual gross (L12M) ▼ 32.8% latest MoM Click for monthly detail
$72,303 Avg monthly ▼ 7.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $243,763/yr est. net Click for cost model
$609k–$853k 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,239,481 – $1,735,274/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

Main Event is a mixed-beverage licensed establishment at 500 N JACKSON RD STE C, Pharr, Texas (TABC MB872271). Over the most recent 12 months it reported $867,637 in gross alcohol sales, averaging $72,303/month with a best month of $118,901. Sales mix: ~46% liquor · 53% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $243,763 (~28% margin). Acquisition value is estimated at $609k–$853k 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
$867,637
Avg monthly
$72,303
Best month
$118,901
Dec 2025
Sales mix
46% Liq
53% Beer · 1% 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)$7,592/mo
NNN CAM / insurance$1,139/mo
Total occupancy$8,897/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 $867,637 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$867,637
COGS (24%)−$208,233
Labor (14%)−$121,469
Occupancy−$96,086
TX MB gross tax (6.7%)−$58,132
Utilities / ins / mktg (8%)−$69,411
Card surcharge net+$9,544
Net profit $323,850
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$867,637
COGS (27%)−$234,262
Labor (17%)−$147,498
Occupancy−$106,763
TX MB gross tax (6.7%)−$58,132
Utilities / ins / mktg (10%)−$86,764
Card surcharge net+$9,544
Net profit $243,763
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$867,637
COGS (30%)−$260,291
Labor (22%)−$190,880
Occupancy−$117,439
TX MB gross tax (6.7%)−$58,132
Utilities / ins / mktg (12%)−$104,116
Card surcharge net+$9,544
Net profit $146,323
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 Main Event Entertainment INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $243,763/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 (~$243,763 net) estimated

Revenue multiple
$434k–$694k
0.5–0.8× gross
SDE multiple
$609k–$853k
2.5–3.5× earnings
Cap rate
$739k–$975k
25–33%
Suggested range
$609k–$853k
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 2026-08-26

No federal lawsuits — past or pending