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Financials

MB1065022
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Pappadeaux Oyster Bar

2330 N INTERNATIONAL PKWY # C, Dallas, TX 75261 · TABC MB1065022

Mixed Beverage Dallas Market Enriched 2026-06-15
$1,162,334 Annual gross (L12M) ▼ 9.3% latest MoM Click for monthly detail
$96,861 Avg monthly ▼ 1.2% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $461,739/yr est. net Click for cost model
$1,154k–$1,162k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,582,964 – $4,649,336/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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Pappadeaux Oyster Bar is a mixed-beverage licensed establishment at 2330 N INTERNATIONAL PKWY # C, Dallas, Texas (TABC MB1065022). Over the most recent 12 months it reported $1,162,334 in gross alcohol sales, averaging $96,861/month with a best month of $107,613. Sales mix: ~54% liquor · 28% beer · 18% wine. The building at this address is owned by PUENTE ENTERPRISES INC $43,763 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $461,739 (~40% margin). Acquisition value is estimated at $1,154k–$1,162k 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
$1,162,334
Avg monthly
$96,861
Best month
$107,613
May 2025
Sales mix
54% Liq
28% Beer · 18% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID14941797
Property owner (landlord)PUENTE ENTERPRISES INC
Assessed value$43,763

Pappadeaux Oyster Bar's share

Est. base rent ~$1/sqft/yr · 5,000 sqft · Class C $328/mo
NNN CAM / insurance$49/mo
NNN property tax$44/mo
Personal property tax est — no BPP record $232/mo
Total occupancy $654/mo

Occupancy analysis

All-in occupancy cost is 0.7% 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 $1,162,334 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$1,162,334
COGS (24%)−$278,960
Labor (14%)−$162,727
Occupancy−$7,060
TX MB gross tax (6.7%)−$77,876
Utilities / ins / mktg (8%)−$92,987
Card surcharge net+$12,786
Net profit $555,510
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$1,162,334
COGS (27%)−$313,830
Labor (17%)−$197,597
Occupancy−$7,844
TX MB gross tax (6.7%)−$77,876
Utilities / ins / mktg (10%)−$116,233
Card surcharge net+$12,786
Net profit $461,739
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$1,162,334
COGS (30%)−$348,700
Labor (22%)−$255,713
Occupancy−$8,629
TX MB gross tax (6.7%)−$77,876
Utilities / ins / mktg (12%)−$139,480
Card surcharge net+$12,786
Net profit $344,721
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 National Pizza Restaurants INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $461,739/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 (~$461,739 net) estimated

Revenue multiple
$581k–$930k
0.5–0.8× gross
SDE multiple
$1.15M–$1.62M
2.5–3.5× earnings
Cap rate
$1.40M–$1.85M
25–33%
Suggested range
$1,154k–$1,162k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $2,582,964–$4,649,336/yr in total revenue (your liquor portion of $1,162,334 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$2,583k–$4,649k
food + liquor + service
Estimated net (10–15%)
$258k–$697k
restaurant margin
Full-business value
$710k–$2,557k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

2 cases on file · 1 currently open · public records

2 federal cases
1 currently open
2 bankruptcy
Most recent filing
Ruby's Franchise Systems, Inc., a California
CACB · 2018-09-06 · OPEN
Public records, last checked 2026-05-22