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MB105976759
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Texas Red's Riviera

315 S ALISTER ST STE 104, Port Aransas, TX 78373 · TABC MB105976759

Mixed Beverage Port Aransas Market Enriched 2026-08-28
$379,786 Annual gross (L12M) ▲ 4.4% latest MoM Click for monthly detail
$31,649 Avg monthly ▲ 13.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $106,424/yr est. net Click for cost model
$266k–$372k 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): $379,786 – $421,984/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

Texas Red's Riviera is a mixed-beverage licensed establishment at 315 S ALISTER ST STE 104, Port Aransas, Texas (TABC MB105976759). Over the most recent 12 months it reported $379,786 in gross alcohol sales, averaging $31,649/month with a best month of $35,869. Sales mix: ~59% liquor · 40% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $106,424 (~28% margin). Acquisition value is estimated at $266k–$372k 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
$379,786
Avg monthly
$31,649
Best month
$35,869
Jul 2026
Sales mix
59% Liq
40% 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)$3,323/mo
NNN CAM / insurance$498/mo
Total occupancy$3,917/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 $379,786 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$379,786
COGS (24%)−$91,149
Labor (14%)−$53,170
Occupancy−$42,308
TX MB gross tax (6.7%)−$25,446
Utilities / ins / mktg (8%)−$30,383
Card surcharge net+$4,178
Net profit $141,508
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$379,786
COGS (27%)−$102,542
Labor (17%)−$64,564
Occupancy−$47,009
TX MB gross tax (6.7%)−$25,446
Utilities / ins / mktg (10%)−$37,979
Card surcharge net+$4,178
Net profit $106,424
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$379,786
COGS (30%)−$113,936
Labor (22%)−$83,553
Occupancy−$51,710
TX MB gross tax (6.7%)−$25,446
Utilities / ins / mktg (12%)−$45,574
Card surcharge net+$4,178
Net profit $63,745
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 John Husum looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $106,424/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 (~$106,424 net) estimated

Revenue multiple
$190k–$304k
0.5–0.8× gross
SDE multiple
$266k–$372k
2.5–3.5× earnings
Cap rate
$322k–$426k
25–33%
Suggested range
$266k–$372k
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.