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Financials

RM755647
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The Funky Door Bistro & Wine Room

4414 82ND ST, Lubbock, TX 79424 · TABC RM755647

Mixed Beverage Lubbock Market Enriched 2026-07-11
$1,238,511 Annual gross (L12M) ▲ 6.8% latest MoM Click for monthly detail
$103,209 Avg monthly ▲ 15.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $347,960/yr est. net Click for cost model
$870k–$1,218k 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 Wine Bar, liquor is typically only 80–95% of total business revenue. Wine + spirits dominant. Estimated total revenue (rough): $1,303,696 – $1,548,139/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 Funky Door Bistro & Wine Room is a mixed-beverage licensed establishment at 4414 82ND ST, Lubbock, Texas (TABC RM755647). Over the most recent 12 months it reported $1,238,511 in gross alcohol sales, averaging $103,209/month with a best month of $119,582. Sales mix: ~54% liquor · 8% beer · 38% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $347,960 (~28% margin). Acquisition value is estimated at $870k–$1,218k 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
$1,238,511
Avg monthly
$103,209
Best month
$119,582
Dec 2025
Sales mix
54% Liq
8% Beer · 38% 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)$10,837/mo
NNN CAM / insurance$1,626/mo
Total occupancy$12,700/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 $1,238,511 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,238,511
COGS (24%)−$297,243
Labor (14%)−$173,392
Occupancy−$137,159
TX MB gross tax (6.7%)−$82,980
Utilities / ins / mktg (8%)−$99,081
Card surcharge net+$13,624
Net profit $462,280
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,238,511
COGS (27%)−$334,398
Labor (17%)−$210,547
Occupancy−$152,399
TX MB gross tax (6.7%)−$82,980
Utilities / ins / mktg (10%)−$123,851
Card surcharge net+$13,624
Net profit $347,960
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,238,511
COGS (30%)−$371,553
Labor (22%)−$272,472
Occupancy−$167,639
TX MB gross tax (6.7%)−$82,980
Utilities / ins / mktg (12%)−$148,621
Card surcharge net+$13,624
Net profit $208,869
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 Funky Door Wine Bar INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $347,960/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 (~$347,960 net) estimated

Revenue multiple
$619k–$991k
0.5–0.8× gross
SDE multiple
$870k–$1.22M
2.5–3.5× earnings
Cap rate
$1.05M–$1.39M
25–33%
Suggested range
$870k–$1,218k
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 2026-06-15

Lookup pending — check back tomorrow

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