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Financials

MB200117530
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Tap 'N Pour & Hub City & Lone Star Landing & South Plains Crossing

5401 N MARTIN LUTHER KING BLVD, Lubbock, TX 79403 · TABC MB200117530

Mixed Beverage Lubbock Market Enriched 2026-06-17
$953,257 Annual gross (L12M) ▼ 19.9% latest MoM Click for monthly detail
$79,438 Avg monthly ▼ 9.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $267,818/yr est. net Click for cost model
$670k–$937k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $953,257 – $1,059,174/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

Tap 'N Pour & Hub City & Lone Star Landing & South Plains Crossing is a mixed-beverage licensed establishment at 5401 N MARTIN LUTHER KING BLVD, Lubbock, Texas (TABC MB200117530). Over the most recent 12 months it reported $953,257 in gross alcohol sales, averaging $79,438/month with a best month of $118,802. Sales mix: ~46% liquor · 41% beer · 13% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $267,818 (~28% margin). Acquisition value is estimated at $670k–$937k 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
$953,257
Avg monthly
$79,438
Best month
$118,802
Sep 2025
Sales mix
46% Liq
41% Beer · 13% 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)$8,341/mo
NNN CAM / insurance$1,251/mo
Total occupancy$9,775/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 $953,257 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$953,257
COGS (24%)−$228,782
Labor (14%)−$133,456
Occupancy−$105,568
TX MB gross tax (6.7%)−$63,868
Utilities / ins / mktg (8%)−$76,261
Card surcharge net+$10,486
Net profit $355,808
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$953,257
COGS (27%)−$257,379
Labor (17%)−$162,054
Occupancy−$117,298
TX MB gross tax (6.7%)−$63,868
Utilities / ins / mktg (10%)−$95,326
Card surcharge net+$10,486
Net profit $267,818
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$953,257
COGS (30%)−$285,977
Labor (22%)−$209,717
Occupancy−$129,028
TX MB gross tax (6.7%)−$63,868
Utilities / ins / mktg (12%)−$114,391
Card surcharge net+$10,486
Net profit $160,762
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 Ssp America Lbb LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $267,818/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 (~$267,818 net) estimated

Revenue multiple
$477k–$763k
0.5–0.8× gross
SDE multiple
$670k–$937k
2.5–3.5× earnings
Cap rate
$812k–$1.07M
25–33%
Suggested range
$670k–$937k
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 2026-06-19

Lookup pending — check back tomorrow

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