← Canopy By Hilton-San Antonio /

Financials

MB1073664
Dashboard › Canopy By Hilton-San Antonio › Financial Intelligence

Canopy By Hilton-San Antonio

123 N SAINT MARYS ST, San Antonio, TX 78205 · TABC MB1073664

Mixed Beverage San Antonio Market Enriched 2026-05-24
$3,626,442 Annual gross (L12M) ▼ 7.6% latest MoM Click for monthly detail
$302,204 Avg monthly ▲ 26.7% latest vs avg Click for monthly detail
~37% Est. net margin (likely) $1,341,439/yr est. net Click for cost model
$3,354k–$3,626k Est. acquisition range 0.96× 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): $4,029,380 – $5,180,631/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Canopy By Hilton-San Antonio My bars

Executive Summary

Click to expand full narrative

Canopy By Hilton-San Antonio is a mixed-beverage licensed establishment at 123 N SAINT MARYS ST, San Antonio, Texas (TABC MB1073664). Over the most recent 12 months it reported $3,626,442 in gross alcohol sales, averaging $302,204/month with a best month of $414,271. Sales mix: ~79% liquor · 12% beer · 8% wine. The building at this address is owned by ONE ALAMO SA LLC & ONE ALAMO LA LLC (175,948 sqft, $18,500,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,341,439 (~37% margin). Acquisition value is estimated at $3,354k–$3,626k 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
$3,626,442
Avg monthly
$302,204
Best month
$414,271
Mar 2026
Sales mix
79% Liq
12% Beer · 8% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID101266
Property owner (landlord)ONE ALAMO SA LLC & ONE ALAMO LA LLC
Total building SF175,948
Assessed value$18,500,000

Canopy By Hilton-San Antonio's share

Est. base rent ~$12/sqft/yr · 7,500 sqft · Class B $7,229/mo
NNN CAM / insurance$1,084/mo
NNN property tax$1,511/mo
Personal property tax est — no BPP record $479/mo
Total occupancy $10,304/mo

Occupancy analysis

All-in occupancy cost is 3.4% 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 $3,626,442 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$3,626,442
COGS (24%)−$870,346
Labor (14%)−$507,702
Occupancy−$111,279
TX MB gross tax (6.7%)−$242,972
Utilities / ins / mktg (8%)−$290,115
Card surcharge net+$39,891
Net profit $1,643,919
Most Likely
Typical bar, light food program, full two-shift staffing
~37%
Revenue$3,626,442
COGS (27%)−$979,139
Labor (17%)−$616,495
Occupancy−$123,644
TX MB gross tax (6.7%)−$242,972
Utilities / ins / mktg (10%)−$362,644
Card surcharge net+$39,891
Net profit $1,341,439
Stressed
Heavy food, larger crew, higher rent
~27%
Revenue$3,626,442
COGS (30%)−$1,087,933
Labor (22%)−$797,817
Occupancy−$136,008
TX MB gross tax (6.7%)−$242,972
Utilities / ins / mktg (12%)−$435,173
Card surcharge net+$39,891
Net profit $966,430
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 Wls Beverage Company looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,341,439/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 (~$1,341,439 net) estimated

Revenue multiple
$1.81M–$2.90M
0.5–0.8× gross
SDE multiple
$3.35M–$4.70M
2.5–3.5× earnings
Cap rate
$4.06M–$5.37M
25–33%
Suggested range
$3,354k–$3,626k
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 2026-05-22

No federal lawsuits — past or pending