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Financials

MB1103615
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Bar Louie

360 LAS COLINAS BLVD W STE 100, Irving, TX 75039 · TABC MB1103615

Mixed Beverage Irving Market Enriched 2026-05-24
$1,708,483 Annual gross (L12M) ▲ 3.6% latest MoM Click for monthly detail
$142,374 Avg monthly ▲ 0.2% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $516,697/yr est. net Click for cost model
$1,292k–$1,708k Est. acquisition range 0.88× 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): $2,440,690 – $3,416,966/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

Bar Louie is a mixed-beverage licensed establishment at 360 LAS COLINAS BLVD W STE 100, Irving, Texas (TABC MB1103615). Over the most recent 12 months it reported $1,708,483 in gross alcohol sales, averaging $142,374/month with a best month of $162,707. Sales mix: ~76% liquor · 19% beer · 5% wine. The building at this address is owned by IRVING CITY OF (1,134,270 sqft, $230,100,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $516,697 (~30% margin). Acquisition value is estimated at $1,292k–$1,708k 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
$1,708,483
Avg monthly
$142,374
Best month
$162,707
Oct 2025
Sales mix
76% Liq
19% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID322085600A0020000
Property owner (landlord)IRVING CITY OF
Total building SF whole parcel — Bar Louie is in STE 1001,134,270
Bar Louie's footprint estimated — suite-level not on file 5,000 sf
Assessed value$230,100,000

Bar Louie's share

Est. base rent ~$24/sqft/yr · 5,000 sqft · Class A $10,143/mo
NNN CAM / insurance$1,521/mo
NNN property tax$2,029/mo
Personal property tax own fixtures · Prop 99180129250000000 $768/mo
Total occupancy $14,461/mo

Occupancy analysis

All-in occupancy cost is 10.2% 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 $1,708,483 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,708,483
COGS (24%)−$410,036
Labor (14%)−$239,188
Occupancy−$156,177
TX MB gross tax (6.7%)−$114,468
Utilities / ins / mktg (8%)−$136,679
Card surcharge net+$18,793
Net profit $670,728
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,708,483
COGS (27%)−$461,290
Labor (17%)−$290,442
Occupancy−$173,530
TX MB gross tax (6.7%)−$114,468
Utilities / ins / mktg (10%)−$170,848
Card surcharge net+$18,793
Net profit $516,697
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,708,483
COGS (30%)−$512,545
Labor (22%)−$375,866
Occupancy−$190,883
TX MB gross tax (6.7%)−$114,468
Utilities / ins / mktg (12%)−$205,018
Card surcharge net+$18,793
Net profit $328,495
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 Blh Acquisition CO LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $516,697/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 (~$516,697 net) estimated

Revenue multiple
$854k–$1.37M
0.5–0.8× gross
SDE multiple
$1.29M–$1.81M
2.5–3.5× earnings
Cap rate
$1.57M–$2.07M
25–33%
Suggested range
$1,292k–$1,708k
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

16 cases on file · public records

16 federal cases
1 bankruptcy
3 wage-and-hour
5 ADA
1 contract
7 civil rights
As defendant in 12 cases · As plaintiff in 1
Most recent filing
Kizart v. BL Restaurant Operations, LLC
MOED · 2023-09-20 · CLOSED
Public records, last checked 2026-06-02