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MB1079756
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The Bowden

1775 KELLER PKWY, Keller, TX 76248 · TABC MB1079756

Mixed Beverage Keller Market Enriched 2026-07-10
$369,714 Annual gross (L12M) ▼ 27.0% latest MoM Click for monthly detail
$30,810 Avg monthly ▼ 26.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $82,816/yr est. net Click for cost model
$207k–$290k Est. acquisition range 0.67× 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): $369,714 – $410,793/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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The Bowden is a mixed-beverage licensed establishment at 1775 KELLER PKWY, Keller, Texas (TABC MB1079756). Over the most recent 12 months it reported $369,714 in gross alcohol sales, averaging $30,810/month with a best month of $57,783. Sales mix: ~45% liquor · 16% beer · 38% wine. The building at this address is owned by GREATER KELLER WOMEN'S CLUB FO (34,633 sqft, $18,230,647 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $82,816 (~22% margin). Acquisition value is estimated at $207k–$290k 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
$369,714
Avg monthly
$30,810
Best month
$57,783
Dec 2025
Sales mix
45% Liq
16% Beer · 38% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID42145293
Property owner (landlord)GREATER KELLER WOMEN'S CLUB FO
Total building SF34,633
Assessed value$18,230,647

The Bowden's share

Est. base rent ~$12/sqft/yr · 2,500 sqft · Class A $2,447/mo
NNN CAM / insurance$367/mo
NNN property tax$2,632/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $5,546/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $369,714 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$369,714
COGS (24%)−$88,731
Labor (14%)−$51,760
Occupancy−$59,894
TX MB gross tax (6.7%)−$24,771
Utilities / ins / mktg (8%)−$29,577
Card surcharge net+$4,067
Net profit $119,048
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$369,714
COGS (27%)−$99,823
Labor (17%)−$62,851
Occupancy−$66,549
TX MB gross tax (6.7%)−$24,771
Utilities / ins / mktg (10%)−$36,971
Card surcharge net+$4,067
Net profit $82,816
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$369,714
COGS (30%)−$110,914
Labor (22%)−$81,337
Occupancy−$73,203
TX MB gross tax (6.7%)−$24,771
Utilities / ins / mktg (12%)−$44,366
Card surcharge net+$4,067
Net profit $39,190
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 The Bowden INC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $82,816/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 (~$82,816 net) estimated

Revenue multiple
$185k–$296k
0.5–0.8× gross
SDE multiple
$207k–$290k
2.5–3.5× earnings
Cap rate
$251k–$331k
25–33%
Suggested range
$207k–$290k
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 2026-06-28

Lookup pending — check back tomorrow

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