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MB200080664
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The Olana

1851 TURBEVILLE RD INCL 3595,3581 & 3575 HARRISON, Hickory Creek, TX 75065 · TABC MB200080664

Mixed Beverage Hickory Creek Market Enriched 2026-06-18
$892,802 Annual gross (L12M) ▼ 13.4% latest MoM Click for monthly detail
$74,400 Avg monthly ▲ 33.8% latest vs avg Click for monthly detail
~36% Est. net margin (likely) $319,034/yr est. net Click for cost model
$798k–$893k Est. acquisition range 0.95× 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): $892,802 – $992,002/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 Olana is a mixed-beverage licensed establishment at 1851 TURBEVILLE RD INCL 3595,3581 & 3575 HARRISON, Hickory Creek, Texas (TABC MB200080664). Over the most recent 12 months it reported $892,802 in gross alcohol sales, averaging $74,400/month with a best month of $129,001. Sales mix: ~55% liquor · 15% beer · 30% wine. The building at this address is owned by TWAIN GL XXIV LLC (236,516 sqft, $21,373,189 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $319,034 (~36% margin). Acquisition value is estimated at $798k–$893k 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
$892,802
Avg monthly
$74,400
Best month
$129,001
Nov 2025
Sales mix
55% Liq
15% Beer · 30% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1004351
Property owner (landlord)TWAIN GL XXIV LLC
Total building SF236,516
Assessed value$21,373,189

The Olana's share

Est. base rent ~$8/sqft/yr · 3,500 sqft · Class C $2,372/mo
NNN CAM / insurance$356/mo
NNN property tax$580/mo
Personal property tax est — no BPP record $164/mo
Total occupancy $3,471/mo

Occupancy analysis

All-in occupancy cost is 4.7% 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 $892,802 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~44%
Revenue$892,802
COGS (24%)−$214,272
Labor (14%)−$124,992
Occupancy−$37,492
TX MB gross tax (6.7%)−$59,818
Utilities / ins / mktg (8%)−$71,424
Card surcharge net+$9,821
Net profit $394,624
Most Likely
Typical bar, light food program, full two-shift staffing
~36%
Revenue$892,802
COGS (27%)−$241,057
Labor (17%)−$151,776
Occupancy−$41,658
TX MB gross tax (6.7%)−$59,818
Utilities / ins / mktg (10%)−$89,280
Card surcharge net+$9,821
Net profit $319,034
Stressed
Heavy food, larger crew, higher rent
~25%
Revenue$892,802
COGS (30%)−$267,841
Labor (22%)−$196,416
Occupancy−$45,824
TX MB gross tax (6.7%)−$59,818
Utilities / ins / mktg (12%)−$107,136
Card surcharge net+$9,821
Net profit $225,588
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 Aristide LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $319,034/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 (~$319,034 net) estimated

Revenue multiple
$446k–$714k
0.5–0.8× gross
SDE multiple
$798k–$1.12M
2.5–3.5× earnings
Cap rate
$967k–$1.28M
25–33%
Suggested range
$798k–$893k
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 2026-05-25

Lookup pending — check back tomorrow

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