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Financials

MB791188
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Silver Fox

24802 IMA RUTH PKWY, San Antonio, TX 78257 · TABC MB791188

Mixed Beverage San Antonio Market Enriched 2026-05-26
$1,516,370 Annual gross (L12M) ▲ 13.6% latest MoM Click for monthly detail
$126,364 Avg monthly ▲ 10.8% latest vs avg Click for monthly detail
~34% Est. net margin (likely) $514,765/yr est. net Click for cost model
$1,287k–$1,516k Est. acquisition range 0.92× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,596,179 – $1,895,462/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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Silver Fox is a mixed-beverage licensed establishment at 24802 IMA RUTH PKWY, San Antonio, Texas (TABC MB791188). Over the most recent 12 months it reported $1,516,370 in gross alcohol sales, averaging $126,364/month with a best month of $151,062. Sales mix: ~60% liquor · 39% beer · 1% wine. The building at this address is owned by IMARUTH LLC (2,937 sqft, $415,950 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $514,765 (~34% margin). Acquisition value is estimated at $1,287k–$1,516k 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
$1,516,370
Avg monthly
$126,364
Best month
$151,062
Dec 2025
Sales mix
60% Liq
39% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID256486
Property owner (landlord)IMARUTH LLC
Total building SF2,937
Assessed value$415,950

Silver Fox's share

Est. base rent ~$16/sqft/yr · 5,000 sqft · Class B $6,491/mo
NNN CAM / insurance$974/mo
NNN property tax$399/mo
Personal property tax est — no BPP record $291/mo
Total occupancy $8,154/mo

Occupancy analysis

All-in occupancy cost is 6.5% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $1,516,370 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~43%
Revenue$1,516,370
COGS (24%)−$363,929
Labor (14%)−$212,292
Occupancy−$88,063
TX MB gross tax (6.7%)−$101,597
Utilities / ins / mktg (8%)−$121,310
Card surcharge net+$16,680
Net profit $645,860
Most Likely
Typical bar, light food program, full two-shift staffing
~34%
Revenue$1,516,370
COGS (27%)−$409,420
Labor (17%)−$257,783
Occupancy−$97,848
TX MB gross tax (6.7%)−$101,597
Utilities / ins / mktg (10%)−$151,637
Card surcharge net+$16,680
Net profit $514,765
Stressed
Heavy food, larger crew, higher rent
~23%
Revenue$1,516,370
COGS (30%)−$454,911
Labor (22%)−$333,601
Occupancy−$107,633
TX MB gross tax (6.7%)−$101,597
Utilities / ins / mktg (12%)−$181,964
Card surcharge net+$16,680
Net profit $353,343
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 Hardshoe Bars LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $514,765/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 (~$514,765 net) estimated

Revenue multiple
$758k–$1.21M
0.5–0.8× gross
SDE multiple
$1.29M–$1.80M
2.5–3.5× earnings
Cap rate
$1.56M–$2.06M
25–33%
Suggested range
$1,287k–$1,516k
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 2026-06-08

Lookup pending — check back tomorrow

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