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Financials

MB200054837
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Tech Port Center And Arena

3331 GENERAL HUDNELL DR, San Antonio, TX 78226 · TABC MB200054837

Mixed Beverage San Antonio Market Enriched 2026-06-15
$1,247,991 Annual gross (L12M) ▲ 25.9% latest MoM Click for monthly detail
$103,999 Avg monthly ▲ 74.4% latest vs avg Click for monthly detail
~-141% Est. net margin (likely) $-1,757,222/yr est. net Click for cost model
$624k–$-6,150k Est. acquisition range -2.21× 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 Stadium / Arena, liquor is typically only 50–75% of total business revenue. Concessions liquor + food. Estimated total revenue (rough): $1,663,988 – $2,495,982/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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Tech Port Center And Arena is a mixed-beverage licensed establishment at 3331 GENERAL HUDNELL DR, San Antonio, Texas (TABC MB200054837). Over the most recent 12 months it reported $1,247,991 in gross alcohol sales, averaging $103,999/month with a best month of $233,997. Sales mix: ~39% liquor · 51% beer · 10% wine. The building at this address is owned by PORT AUTHORITY OF SAN ANTONIO (107,570 sqft, $281,682,510 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-1,757,222 (~-141% margin). Acquisition value is estimated at $624k–$-6,150k 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
$1,247,991
Avg monthly
$103,999
Best month
$233,997
Oct 2025
Sales mix
39% Liq
51% Beer · 10% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1107651
Property owner (landlord)PORT AUTHORITY OF SAN ANTONIO
Total building SF107,570
Assessed value$281,682,510

Tech Port Center And Arena's share

Est. base rent ~$340/sqft/yr · 5,000 sqft · Class A $141,841/mo
NNN CAM / insurance$21,276/mo
NNN property tax$25,095/mo
Personal property tax est — no BPP record $239/mo
Total occupancy $188,451/mo

Occupancy analysis

All-in occupancy cost is 181.2% 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 $1,247,991 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-115%
Revenue$1,247,991
COGS (24%)−$299,518
Labor (14%)−$174,719
Occupancy−$2,035,269
TX MB gross tax (6.7%)−$83,615
Utilities / ins / mktg (8%)−$99,839
Card surcharge net+$13,728
Net profit $-1,431,242
Most Likely
Typical bar, light food program, full two-shift staffing
~-141%
Revenue$1,247,991
COGS (27%)−$336,958
Labor (17%)−$212,158
Occupancy−$2,261,411
TX MB gross tax (6.7%)−$83,615
Utilities / ins / mktg (10%)−$124,799
Card surcharge net+$13,728
Net profit $-1,757,222
Stressed
Heavy food, larger crew, higher rent
~-169%
Revenue$1,247,991
COGS (30%)−$374,397
Labor (22%)−$274,558
Occupancy−$2,487,552
TX MB gross tax (6.7%)−$83,615
Utilities / ins / mktg (12%)−$149,759
Card surcharge net+$13,728
Net profit $-2,108,162
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 Smg F&B Texas LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-1,757,222/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 (~$-1,757,222 net) estimated

Revenue multiple
$624k–$998k
0.5–0.8× gross
SDE multiple
$-4,393k–$-6,150k
2.5–3.5× earnings
Cap rate
$-5,325k–$-7,029k
25–33%
Suggested range
$624k–$-6,150k
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