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Financials

MB1068350
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Ojos Locos Sports Cantina

10230 TECHNOLOGY BLVD E, Dallas, TX 75220 · TABC MB1068350

Mixed Beverage Dallas Market Enriched 2026-05-24
$3,545,356 Annual gross (L12M) ▼ 3.5% latest MoM Click for monthly detail
$322,305 Avg monthly ▼ 0.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $763,479/yr est. net Click for cost model
$1,909k–$2,672k Est. acquisition range 0.65× 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): $5,064,794 – $7,090,712/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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Ojos Locos Sports Cantina is a mixed-beverage licensed establishment at 10230 TECHNOLOGY BLVD E, Dallas, Texas (TABC MB1068350). Over the most recent 12 months it reported $3,545,356 in gross alcohol sales, averaging $322,305/month with a best month of $445,390. Sales mix: ~38% liquor · 62% beer · 0% wine. The building at this address is owned by DALLAS 001 LLC (12,987 sqft, $7,137,700 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $763,479 (~22% margin). Acquisition value is estimated at $1,909k–$2,672k 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
$3,545,356
Avg monthly
$322,305
Best month
$445,390
May 2025
Sales mix
38% Liq
62% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0064990C000010200
Property owner (landlord)DALLAS 001 LLC
Total building SF12,987
Assessed value$7,137,700

Ojos Locos Sports Cantina's share

Est. base rent ~$66/sqft/yr · 7,500 sqft · Class A $41,220/mo
NNN CAM / insurance$6,183/mo
NNN property tax$7,138/mo
Personal property tax own fixtures · Prop 99970770000026750 $1,196/mo
Total occupancy $55,737/mo

Occupancy analysis

All-in occupancy cost is 18.9% 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 $3,545,356 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$3,545,356
COGS (24%)−$850,885
Labor (14%)−$496,350
Occupancy−$601,961
TX MB gross tax (6.7%)−$237,539
Utilities / ins / mktg (8%)−$283,628
Card surcharge net+$38,999
Net profit $1,113,992
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$3,545,356
COGS (27%)−$957,246
Labor (17%)−$602,711
Occupancy−$668,845
TX MB gross tax (6.7%)−$237,539
Utilities / ins / mktg (10%)−$354,536
Card surcharge net+$38,999
Net profit $763,479
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$3,545,356
COGS (30%)−$1,063,607
Labor (22%)−$779,978
Occupancy−$735,730
TX MB gross tax (6.7%)−$237,539
Utilities / ins / mktg (12%)−$425,443
Card surcharge net+$38,999
Net profit $342,059
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 Ol Beverage Holdings LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $763,479/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 (~$763,479 net) estimated

Revenue multiple
$1.77M–$2.84M
0.5–0.8× gross
SDE multiple
$1.91M–$2.67M
2.5–3.5× earnings
Cap rate
$2.31M–$3.05M
25–33%
Suggested range
$1,909k–$2,672k
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 2026-06-05

No federal lawsuits — past or pending