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Financials

MB106073139
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The Ginger Man

5228 N OCONNOR BLVD STE 126, Irving, TX 75039 · TABC MB106073139

Mixed Beverage Irving Market Enriched 2026-07-11
$659,923 Annual gross (L12M) ▲ 9.4% latest MoM Click for monthly detail
$54,994 Avg monthly ▲ 23.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $148,120/yr est. net Click for cost model
$370k–$518k Est. acquisition range 0.67× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $694,656 – $776,380/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

The Ginger Man is a mixed-beverage licensed establishment at 5228 N OCONNOR BLVD STE 126, Irving, Texas (TABC MB106073139). Over the most recent 12 months it reported $659,923 in gross alcohol sales, averaging $54,994/month with a best month of $68,090. Sales mix: ~30% liquor · 63% beer · 7% wine. The building at this address is owned by WATER STREET OCONNOR LP (607,694 sqft, $122,395,200 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $148,120 (~22% margin). Acquisition value is estimated at $370k–$518k 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
$659,923
Avg monthly
$54,994
Best month
$68,090
May 2026
Sales mix
30% Liq
63% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID322004100A0010000
Property owner (landlord)WATER STREET OCONNOR LP
Total building SF whole parcel — The Ginger Man is in STE 126607,694
The Ginger Man's footprint estimated — suite-level not on file 3,500 sf
Assessed value$122,395,200

The Ginger Man's share

Est. base rent ~$24/sqft/yr · 3,500 sqft · Class A $7,049/mo
NNN CAM / insurance$1,057/mo
NNN property tax$1,410/mo
Personal property tax own fixtures · Prop 99230302108000000 $358/mo
Total occupancy $9,874/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 $659,923 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$659,923
COGS (24%)−$158,382
Labor (14%)−$92,389
Occupancy−$106,640
TX MB gross tax (6.7%)−$44,215
Utilities / ins / mktg (8%)−$52,794
Card surcharge net+$7,259
Net profit $212,763
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$659,923
COGS (27%)−$178,179
Labor (17%)−$112,187
Occupancy−$118,489
TX MB gross tax (6.7%)−$44,215
Utilities / ins / mktg (10%)−$65,992
Card surcharge net+$7,259
Net profit $148,120
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$659,923
COGS (30%)−$197,977
Labor (22%)−$145,183
Occupancy−$130,338
TX MB gross tax (6.7%)−$44,215
Utilities / ins / mktg (12%)−$79,191
Card surcharge net+$7,259
Net profit $70,279
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 Water Street Amp LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $148,120/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 (~$148,120 net) estimated

Revenue multiple
$330k–$528k
0.5–0.8× gross
SDE multiple
$370k–$518k
2.5–3.5× earnings
Cap rate
$449k–$592k
25–33%
Suggested range
$370k–$518k
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 2026-07-08

Lookup pending — check back tomorrow

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