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Financials

MB105192613
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Kiotee Club

623 S MIRICK AVE, Denison, TX 75020 · TABC MB105192613

Mixed Beverage Denison Market Enriched 2026-09-07
$441,921 Annual gross (L12M) ▼ 5.3% latest MoM Click for monthly detail
$36,827 Avg monthly ▼ 1.9% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $124,024/yr est. net Click for cost model
$310k–$434k Est. acquisition range 0.84× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $441,921 – $491,023/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

Kiotee Club is a mixed-beverage licensed establishment at 623 S MIRICK AVE, Denison, Texas (TABC MB105192613). Over the most recent 12 months it reported $441,921 in gross alcohol sales, averaging $36,827/month with a best month of $39,691. Sales mix: ~70% liquor · 30% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $124,024 (~28% margin). Acquisition value is estimated at $310k–$434k 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
$441,921
Avg monthly
$36,827
Best month
$39,691
May 2026
Sales mix
70% Liq
30% Beer · 0% 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)$3,867/mo
NNN CAM / insurance$580/mo
Total occupancy$4,543/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 $441,921 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$441,921
COGS (24%)−$106,061
Labor (14%)−$61,869
Occupancy−$49,061
TX MB gross tax (6.7%)−$29,609
Utilities / ins / mktg (8%)−$35,354
Card surcharge net+$4,861
Net profit $164,829
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$441,921
COGS (27%)−$119,319
Labor (17%)−$75,127
Occupancy−$54,512
TX MB gross tax (6.7%)−$29,609
Utilities / ins / mktg (10%)−$44,192
Card surcharge net+$4,861
Net profit $124,024
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$441,921
COGS (30%)−$132,576
Labor (22%)−$97,223
Occupancy−$59,963
TX MB gross tax (6.7%)−$29,609
Utilities / ins / mktg (12%)−$53,031
Card surcharge net+$4,861
Net profit $74,381
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 Kiotee Club LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $124,024/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 (~$124,024 net) estimated

Revenue multiple
$221k–$354k
0.5–0.8× gross
SDE multiple
$310k–$434k
2.5–3.5× earnings
Cap rate
$376k–$496k
25–33%
Suggested range
$310k–$434k
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
As defendant in 1 case
Most recent filing
Broadcast Music, Inc. v. Kiotee Club, LLC
TXED · 2019-03-13 · CLOSED
Public records, last checked 2026-09-14