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Financials

MB105823497
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North

2301 N AKARD ST STE 280, Dallas, TX 75201 · TABC MB105823497

Mixed Beverage Dallas Market Enriched 2026-06-15
$1,198,645 Annual gross (L12M) ▲ 21.5% latest MoM Click for monthly detail
$99,887 Avg monthly ▲ 16.9% latest vs avg Click for monthly detail
~26% Est. net margin (likely) $315,536/yr est. net Click for cost model
$789k–$1,104k Est. acquisition range 0.79× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,712,350 – $2,397,290/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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North is a mixed-beverage licensed establishment at 2301 N AKARD ST STE 280, Dallas, Texas (TABC MB105823497). Over the most recent 12 months it reported $1,198,645 in gross alcohol sales, averaging $99,887/month with a best month of $126,935. Sales mix: ~58% liquor · 7% beer · 36% wine. The building at this address is owned by GAEDEKE HOLDINGS XIV LTD (1,090,009 sqft, $203,820,500 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $315,536 (~26% margin). Acquisition value is estimated at $789k–$1,104k 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
$1,198,645
Avg monthly
$99,887
Best month
$126,935
Dec 2025
Sales mix
58% Liq
7% Beer · 36% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00C26810000OFF000
Property owner (landlord)GAEDEKE HOLDINGS XIV LTD
Total building SF whole parcel — North is in STE 2801,090,009
North's footprint estimated — suite-level not on file 5,000 sf
Assessed value$203,820,500

North's share

Est. base rent ~$19/sqft/yr · 5,000 sqft · Class B $7,791/mo
NNN CAM / insurance$1,169/mo
NNN property tax$1,870/mo
Personal property tax own fixtures · Prop 99200414100000000 $3,230/mo
Total occupancy $14,060/mo

Occupancy analysis

All-in occupancy cost is 14.1% 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 $1,198,645 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$1,198,645
COGS (24%)−$287,675
Labor (14%)−$167,810
Occupancy−$151,845
TX MB gross tax (6.7%)−$80,309
Utilities / ins / mktg (8%)−$95,892
Card surcharge net+$13,185
Net profit $428,299
Most Likely
Typical bar, light food program, full two-shift staffing
~26%
Revenue$1,198,645
COGS (27%)−$323,634
Labor (17%)−$203,770
Occupancy−$168,717
TX MB gross tax (6.7%)−$80,309
Utilities / ins / mktg (10%)−$119,864
Card surcharge net+$13,185
Net profit $315,536
Stressed
Heavy food, larger crew, higher rent
~15%
Revenue$1,198,645
COGS (30%)−$359,594
Labor (22%)−$263,702
Occupancy−$185,588
TX MB gross tax (6.7%)−$80,309
Utilities / ins / mktg (12%)−$143,837
Card surcharge net+$13,185
Net profit $178,800
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 Frc Domain Beverages LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $315,536/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 (~$315,536 net) estimated

Revenue multiple
$599k–$959k
0.5–0.8× gross
SDE multiple
$789k–$1.10M
2.5–3.5× earnings
Cap rate
$956k–$1.26M
25–33%
Suggested range
$789k–$1,104k
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

Lookup pending — check back tomorrow

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