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Financials

MB104945377
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Cowboy's Red River

10310 TECHNOLOGY BLVD E, Dallas, TX 75220 · TABC MB104945377

Mixed Beverage Dallas Market Enriched 2026-05-24
$6,767,352 Annual gross (L12M) ▲ 9.6% latest MoM Click for monthly detail
$563,946 Avg monthly ▼ 2.6% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $2,709,039/yr est. net Click for cost model
$6,773k–$6,767k Est. acquisition range 1.00× 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 Saloon, liquor is typically only 85–95% of total business revenue. Liquor-led. Estimated total revenue (rough): $7,123,528 – $7,961,591/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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Cowboy's Red River is a mixed-beverage licensed establishment at 10310 TECHNOLOGY BLVD E, Dallas, Texas (TABC MB104945377). Over the most recent 12 months it reported $6,767,352 in gross alcohol sales, averaging $563,946/month with a best month of $705,885. Sales mix: ~67% liquor · 33% beer · 0% wine. The building at this address is owned by UNITED STATES OF AMERICA $113,430 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $2,709,039 (~40% margin). Acquisition value is estimated at $6,773k–$6,767k 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
$6,767,352
Avg monthly
$563,946
Best month
$705,885
May 2025
Sales mix
67% Liq
33% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0064990C000010600
Property owner (landlord)UNITED STATES OF AMERICA
Assessed value$113,430

Cowboy's Red River's share

Est. base rent ~$2/sqft/yr · 7,500 sqft · Class C $1,276/mo
NNN CAM / insurance$191/mo
NNN property tax$113/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $2,081/mo

Occupancy analysis

All-in occupancy cost is 0.4% 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 $6,767,352 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$6,767,352
COGS (24%)−$1,624,164
Labor (14%)−$947,429
Occupancy−$22,474
TX MB gross tax (6.7%)−$453,413
Utilities / ins / mktg (8%)−$541,388
Card surcharge net+$74,441
Net profit $3,252,924
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$6,767,352
COGS (27%)−$1,827,185
Labor (17%)−$1,150,450
Occupancy−$24,971
TX MB gross tax (6.7%)−$453,413
Utilities / ins / mktg (10%)−$676,735
Card surcharge net+$74,441
Net profit $2,709,039
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$6,767,352
COGS (30%)−$2,030,206
Labor (22%)−$1,488,817
Occupancy−$27,468
TX MB gross tax (6.7%)−$453,413
Utilities / ins / mktg (12%)−$812,082
Card surcharge net+$74,441
Net profit $2,029,807
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 Club Operations LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $2,709,039/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 (~$2,709,039 net) estimated

Revenue multiple
$3.38M–$5.41M
0.5–0.8× gross
SDE multiple
$6.77M–$9.48M
2.5–3.5× earnings
Cap rate
$8.21M–$10.84M
25–33%
Suggested range
$6,773k–$6,767k
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

20 cases on file · 17 currently open · public records

20 federal cases
17 currently open
12 bankruptcy
As defendant in 2 cases
Most recent filing
Palomino v. Club Operations LLC
TXND · 2024-12-12 · OPEN
Public records, last checked 2026-05-22