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MB200135319
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The Finish Line

12035 CAMP BOWIE WEST BLVD, Aledo, TX 76008 · TABC MB200135319

Mixed Beverage Aledo Market Enriched 2026-07-10
$356,911 Annual gross (L12M) ▼ 0.7% latest MoM Click for monthly detail
$29,743 Avg monthly ▼ 10.9% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $89,330/yr est. net Click for cost model
$223k–$313k Est. acquisition range 0.75× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $509,873 – $713,822/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

The Finish Line is a mixed-beverage licensed establishment at 12035 CAMP BOWIE WEST BLVD, Aledo, Texas (TABC MB200135319). Over the most recent 12 months it reported $356,911 in gross alcohol sales, averaging $29,743/month with a best month of $35,320. Sales mix: ~54% liquor · 46% beer · 0% wine. The building at this address is owned by TURNER, TIMOTHY (4,356 sqft, $687,962 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $89,330 (~25% margin). Acquisition value is estimated at $223k–$313k 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
$356,911
Avg monthly
$29,743
Best month
$35,320
Dec 2025
Sales mix
54% Liq
46% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID01598139
Property owner (landlord)TURNER, TIMOTHY
Total building SF4,356
Assessed value$687,962

The Finish Line's share

Est. base rent ~$16/sqft/yr · 2,500 sqft · Class B $3,290/mo
NNN CAM / insurance$494/mo
NNN property tax$688/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,572/mo

Occupancy analysis

All-in occupancy cost is 15.4% 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 $356,911 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$356,911
COGS (24%)−$85,659
Labor (14%)−$49,968
Occupancy−$49,376
TX MB gross tax (6.7%)−$23,913
Utilities / ins / mktg (8%)−$28,553
Card surcharge net+$3,926
Net profit $123,369
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$356,911
COGS (27%)−$96,366
Labor (17%)−$60,675
Occupancy−$54,862
TX MB gross tax (6.7%)−$23,913
Utilities / ins / mktg (10%)−$35,691
Card surcharge net+$3,926
Net profit $89,330
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$356,911
COGS (30%)−$107,073
Labor (22%)−$78,520
Occupancy−$60,348
TX MB gross tax (6.7%)−$23,913
Utilities / ins / mktg (12%)−$42,829
Card surcharge net+$3,926
Net profit $48,153
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 Carlton Ozmer LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $89,330/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 (~$89,330 net) estimated

Revenue multiple
$178k–$286k
0.5–0.8× gross
SDE multiple
$223k–$313k
2.5–3.5× earnings
Cap rate
$271k–$357k
25–33%
Suggested range
$223k–$313k
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 2026-06-16

Lookup pending — check back tomorrow

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