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Financials

RM1011130
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T. Blanco's

1045 GARDINER MITCHELL PKWY, Longview, TX 75603 · TABC RM1011130

Mixed Beverage Longview Market Enriched 2026-07-10
$869,307 Annual gross (L12M) ▲ 31.2% latest MoM Click for monthly detail
$72,442 Avg monthly ▲ 35.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $244,232/yr est. net Click for cost model
$611k–$855k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $915,060 – $1,022,714/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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T. Blanco's is a mixed-beverage licensed establishment at 1045 GARDINER MITCHELL PKWY, Longview, Texas (TABC RM1011130). Over the most recent 12 months it reported $869,307 in gross alcohol sales, averaging $72,442/month with a best month of $98,368. Sales mix: ~81% liquor · 18% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $244,232 (~28% margin). Acquisition value is estimated at $611k–$855k 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
$869,307
Avg monthly
$72,442
Best month
$98,368
May 2026
Sales mix
81% Liq
18% 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)$7,606/mo
NNN CAM / insurance$1,141/mo
Total occupancy$8,914/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 $869,307 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$869,307
COGS (24%)−$208,634
Labor (14%)−$121,703
Occupancy−$96,271
TX MB gross tax (6.7%)−$58,244
Utilities / ins / mktg (8%)−$69,545
Card surcharge net+$9,562
Net profit $324,473
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$869,307
COGS (27%)−$234,713
Labor (17%)−$147,782
Occupancy−$106,968
TX MB gross tax (6.7%)−$58,244
Utilities / ins / mktg (10%)−$86,931
Card surcharge net+$9,562
Net profit $244,232
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$869,307
COGS (30%)−$260,792
Labor (22%)−$191,248
Occupancy−$117,665
TX MB gross tax (6.7%)−$58,244
Utilities / ins / mktg (12%)−$104,317
Card surcharge net+$9,562
Net profit $146,604
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 Rmi Management LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $244,232/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 (~$244,232 net) estimated

Revenue multiple
$435k–$695k
0.5–0.8× gross
SDE multiple
$611k–$855k
2.5–3.5× earnings
Cap rate
$740k–$977k
25–33%
Suggested range
$611k–$855k
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 2026-06-30

Lookup pending — check back tomorrow

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