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Financials

MB104114294
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Ra Sushi

5100 BELT LINE RD STE 216, Dallas, TX 75254 · TABC MB104114294

Mixed Beverage Dallas Market Enriched 2026-07-12
$602,709 Annual gross (L12M) ▲ 12.7% latest MoM Click for monthly detail
$50,226 Avg monthly ▲ 7.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $135,007/yr est. net Click for cost model
$338k–$473k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
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Executive Summary

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Ra Sushi is a mixed-beverage licensed establishment at 5100 BELT LINE RD STE 216, Dallas, Texas (TABC MB104114294). Over the most recent 12 months it reported $602,709 in gross alcohol sales, averaging $50,226/month with a best month of $58,975. Sales mix: ~68% liquor · 15% beer · 17% wine. The building at this address is owned by VOP PARTNERS LLC (332,282 sqft, $108,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $135,007 (~22% margin). Acquisition value is estimated at $338k–$473k 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
$602,709
Avg monthly
$50,226
Best month
$58,975
Aug 2025
Sales mix
68% Liq
15% Beer · 17% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID10005930001R20000
Property owner (landlord)VOP PARTNERS LLC
Total building SF whole parcel — Ra Sushi is in STE 216332,282
Ra Sushi's footprint estimated — suite-level not on file 3,500 sf
Assessed value$108,000,000

Ra Sushi's share

Est. base rent ~$15/sqft/yr · 3,500 sqft · Class A $4,271/mo
NNN CAM / insurance$641/mo
NNN property tax$2,275/mo
Personal property tax own fixtures · Prop 99200021600134950 $1,853/mo
Total occupancy $9,041/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $602,709 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$602,709
COGS (24%)−$144,650
Labor (14%)−$84,379
Occupancy−$97,639
TX MB gross tax (6.7%)−$40,382
Utilities / ins / mktg (8%)−$48,217
Card surcharge net+$6,630
Net profit $194,072
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$602,709
COGS (27%)−$162,731
Labor (17%)−$102,461
Occupancy−$108,488
TX MB gross tax (6.7%)−$40,382
Utilities / ins / mktg (10%)−$60,271
Card surcharge net+$6,630
Net profit $135,007
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$602,709
COGS (30%)−$180,813
Labor (22%)−$132,596
Occupancy−$119,336
TX MB gross tax (6.7%)−$40,382
Utilities / ins / mktg (12%)−$72,325
Card surcharge net+$6,630
Net profit $63,887
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 Ra Sushi Addison CORP looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $135,007/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 (~$135,007 net) estimated

Revenue multiple
$301k–$482k
0.5–0.8× gross
SDE multiple
$338k–$473k
2.5–3.5× earnings
Cap rate
$409k–$540k
25–33%
Suggested range
$338k–$473k
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 2026-06-27

Lookup pending — check back tomorrow

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