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Financials

MB200158378
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The King Of Padel

314 NOLAN ST, San Antonio, TX 78202 · TABC MB200158378

Mixed Beverage San Antonio Market Enriched 2026-09-02
$321,513 Annual gross (L12M) ▼ 21.4% latest MoM Click for monthly detail
$26,793 Avg monthly ▲ 60.9% latest vs avg Click for monthly detail
~29% Est. net margin (likely) $92,122/yr est. net Click for cost model
$230k–$322k Est. acquisition range 0.86× 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): $459,304 – $643,026/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 King Of Padel is a mixed-beverage licensed establishment at 314 NOLAN ST, San Antonio, Texas (TABC MB200158378). Over the most recent 12 months it reported $321,513 in gross alcohol sales, averaging $26,793/month with a best month of $54,885. Sales mix: ~40% liquor · 60% beer · 0% wine. The building at this address is owned by BLUE SKY BANK (94,200 sqft, $7,200,520 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $92,122 (~29% margin). Acquisition value is estimated at $230k–$322k 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
$321,513
Avg monthly
$26,793
Best month
$54,885
Jun 2026
Sales mix
40% Liq
60% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID105605
Property owner (landlord)BLUE SKY BANK
Total building SF94,200
Assessed value$7,200,520

The King Of Padel's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class C $1,433/mo
NNN CAM / insurance$215/mo
NNN property tax$366/mo
Personal property tax own fixtures · Prop 1453284 $1,133/mo
Total occupancy $3,147/mo

Occupancy analysis

All-in occupancy cost is 11.7% 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 $321,513 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$321,513
COGS (24%)−$77,163
Labor (14%)−$45,012
Occupancy−$33,993
TX MB gross tax (6.7%)−$21,541
Utilities / ins / mktg (8%)−$25,721
Card surcharge net+$3,537
Net profit $121,620
Most Likely
Typical bar, light food program, full two-shift staffing
~29%
Revenue$321,513
COGS (27%)−$86,809
Labor (17%)−$54,657
Occupancy−$37,770
TX MB gross tax (6.7%)−$21,541
Utilities / ins / mktg (10%)−$32,151
Card surcharge net+$3,537
Net profit $92,122
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$321,513
COGS (30%)−$96,454
Labor (22%)−$70,733
Occupancy−$41,547
TX MB gross tax (6.7%)−$21,541
Utilities / ins / mktg (12%)−$38,582
Card surcharge net+$3,537
Net profit $56,193
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 King Of Padel LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $92,122/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 (~$92,122 net) estimated

Revenue multiple
$161k–$257k
0.5–0.8× gross
SDE multiple
$230k–$322k
2.5–3.5× earnings
Cap rate
$279k–$368k
25–33%
Suggested range
$230k–$322k
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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