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MB106603944
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Velvet Taco - Addison

15104 DALLAS PKWY, Dallas, TX 75248 · TABC MB106603944

Mixed Beverage Dallas Market Enriched 2026-08-07
$252,815 Annual gross (L12M) ▼ 23.9% latest MoM Click for monthly detail
$21,068 Avg monthly ▼ 19.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $56,631/yr est. net Click for cost model
$142k–$198k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $722,329 – $1,264,075/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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Velvet Taco - Addison is a mixed-beverage licensed establishment at 15104 DALLAS PKWY, Dallas, Texas (TABC MB106603944). Over the most recent 12 months it reported $252,815 in gross alcohol sales, averaging $21,068/month with a best month of $31,226. Sales mix: ~90% liquor · 10% beer · 0% wine. The building at this address is owned by VOP PARTNERS LLC (332,282 sqft, $108,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $56,631 (~22% margin). Acquisition value is estimated at $142k–$198k 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
$252,815
Avg monthly
$21,068
Best month
$31,226
Oct 2025
Sales mix
90% Liq
10% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID10005930001R20000
Property owner (landlord)VOP PARTNERS LLC
Total building SF332,282
Assessed value$108,000,000

Velvet Taco - Addison's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class A $1,474/mo
NNN CAM / insurance$221/mo
NNN property tax$1,625/mo
Personal property tax own fixtures · Prop 99201125270000000 $471/mo
Total occupancy $3,792/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 $252,815 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$252,815
COGS (24%)−$60,676
Labor (14%)−$35,394
Occupancy−$40,956
TX MB gross tax (6.7%)−$16,939
Utilities / ins / mktg (8%)−$20,225
Card surcharge net+$2,781
Net profit $81,406
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$252,815
COGS (27%)−$68,260
Labor (17%)−$42,979
Occupancy−$45,507
TX MB gross tax (6.7%)−$16,939
Utilities / ins / mktg (10%)−$25,282
Card surcharge net+$2,781
Net profit $56,631
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$252,815
COGS (30%)−$75,844
Labor (22%)−$55,619
Occupancy−$50,057
TX MB gross tax (6.7%)−$16,939
Utilities / ins / mktg (12%)−$30,338
Card surcharge net+$2,781
Net profit $26,798
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 Taco Libre Beverage Holding LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $56,631/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 (~$56,631 net) estimated

Revenue multiple
$126k–$202k
0.5–0.8× gross
SDE multiple
$142k–$198k
2.5–3.5× earnings
Cap rate
$172k–$227k
25–33%
Suggested range
$142k–$198k
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 · Mexican Restaurant

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

We estimate this mexican restaurant pulls $722,329–$1,264,075/yr in total revenue (your liquor portion of $252,815 is roughly 20–35% 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
$722k–$1,264k
food + liquor + service
Estimated net (10–15%)
$72k–$190k
restaurant margin
Full-business value
$199k–$695k
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

Public records · last checked 2026-07-09

No federal lawsuits — past or pending