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Financials

MB267562
Dashboard The San Luis Hotel Financial Intelligence

The San Luis Hotel

5222 SEAWALL BLVD, Galveston, TX 77551 · TABC MB267562

Mixed Beverage Galveston Market Enriched 2026-05-24
$4,854,452 Annual gross (L12M) ▲ 11.5% latest MoM Click for monthly detail
$404,538 Avg monthly ▼ 2.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $1,369,274/yr est. net Click for cost model
$3,423k–$4,792k Est. acquisition range 0.85× 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $5,393,836 – $6,934,931/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 San Luis Hotel is a mixed-beverage licensed establishment at 5222 SEAWALL BLVD, Galveston, Texas (TABC MB267562). Over the most recent 12 months it reported $4,854,452 in gross alcohol sales, averaging $404,538/month with a best month of $639,534. Sales mix: ~65% liquor · 12% beer · 23% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,369,274 (~28% margin). Acquisition value is estimated at $3,423k–$4,792k 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
$4,854,452
Avg monthly
$404,538
Best month
$639,534
Feb 2026
Sales mix
65% Liq
12% Beer · 23% 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)$42,476/mo
NNN CAM / insurance$6,371/mo
Total occupancy$49,327/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 $4,854,452 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$4,854,452
COGS (24%)−$1,165,068
Labor (14%)−$679,623
Occupancy−$532,733
TX MB gross tax (6.7%)−$325,248
Utilities / ins / mktg (8%)−$388,356
Card surcharge net+$53,399
Net profit $1,816,822
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$4,854,452
COGS (27%)−$1,310,702
Labor (17%)−$825,257
Occupancy−$591,925
TX MB gross tax (6.7%)−$325,248
Utilities / ins / mktg (10%)−$485,445
Card surcharge net+$53,399
Net profit $1,369,274
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$4,854,452
COGS (30%)−$1,456,336
Labor (22%)−$1,067,979
Occupancy−$651,118
TX MB gross tax (6.7%)−$325,248
Utilities / ins / mktg (12%)−$582,534
Card surcharge net+$53,399
Net profit $824,636
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 Fertitta Hospitality LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,369,274/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 (~$1,369,274 net) estimated

Revenue multiple
$2.43M–$3.88M
0.5–0.8× gross
SDE multiple
$3.42M–$4.79M
2.5–3.5× earnings
Cap rate
$4.15M–$5.48M
25–33%
Suggested range
$3,423k–$4,792k
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

1 case on file · public records

1 federal case
1 ADA
1 civil rights
As defendant in 1 case
Most recent filing
Scott v. Fertitta Hospitality, LLC
TXSD · 2024-01-26 · CLOSED
Public records, last checked 2026-06-15