← Original Henry's /

Financials

MB489905
Dashboard › Original Henry's › Financial Intelligence

Original Henry's

3015 SHERWOOD WAY, San Angelo, TX 76901 · TABC MB489905

Mixed Beverage San Angelo Market Enriched 2026-09-11
$524,010 Annual gross (L12M) ▲ 5.6% latest MoM Click for monthly detail
$43,668 Avg monthly ▼ 2.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $147,221/yr est. net Click for cost model
$368k–$515k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $551,589 – $616,482/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Original Henry's My bars

Executive Summary

Click to expand full narrative

Original Henry's is a mixed-beverage licensed establishment at 3015 SHERWOOD WAY, San Angelo, Texas (TABC MB489905). Over the most recent 12 months it reported $524,010 in gross alcohol sales, averaging $43,668/month with a best month of $56,597. Sales mix: ~60% liquor · 39% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $147,221 (~28% margin). Acquisition value is estimated at $368k–$515k 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
$524,010
Avg monthly
$43,668
Best month
$56,597
May 2026
Sales mix
60% Liq
39% Beer · 1% 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)$4,585/mo
NNN CAM / insurance$688/mo
Total occupancy$5,373/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 $524,010 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$524,010
COGS (24%)−$125,762
Labor (14%)−$73,361
Occupancy−$58,031
TX MB gross tax (6.7%)−$35,109
Utilities / ins / mktg (8%)−$41,921
Card surcharge net+$5,764
Net profit $195,589
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$524,010
COGS (27%)−$141,483
Labor (17%)−$89,082
Occupancy−$64,479
TX MB gross tax (6.7%)−$35,109
Utilities / ins / mktg (10%)−$52,401
Card surcharge net+$5,764
Net profit $147,221
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$524,010
COGS (30%)−$157,203
Labor (22%)−$115,282
Occupancy−$70,927
TX MB gross tax (6.7%)−$35,109
Utilities / ins / mktg (12%)−$62,881
Card surcharge net+$5,764
Net profit $88,372
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 Enrique's INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $147,221/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 (~$147,221 net) estimated

Revenue multiple
$262k–$419k
0.5–0.8× gross
SDE multiple
$368k–$515k
2.5–3.5× earnings
Cap rate
$446k–$589k
25–33%
Suggested range
$368k–$515k
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 2026-06-19

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.