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Financials

MB1122050
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Sister

2808 GREENVILLE AVE, Dallas, TX 75206 · TABC MB1122050

Mixed Beverage Dallas Market Enriched 2026-05-19
$1,482,485 Annual gross (L12M) ▲ 26.4% latest MoM Click for monthly detail
$123,540 Avg monthly ▲ 14.1% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $399,303/yr est. net Click for cost model
$998k–$1,398k Est. acquisition range 0.81× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,560,511 – $1,853,106/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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Sister is a mixed-beverage licensed establishment at 2808 GREENVILLE AVE, Dallas, Texas (TABC MB1122050). Over the most recent 12 months it reported $1,482,485 in gross alcohol sales, averaging $123,540/month with a best month of $141,048. Sales mix: ~51% liquor · 3% beer · 46% wine. The building at this address is owned by PARK LANE PARTNERS LP & (22,177 sqft, $5,431,890 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $399,303 (~27% margin). Acquisition value is estimated at $998k–$1,398k 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
$1,482,485
Avg monthly
$123,540
Best month
$141,048
Dec 2025
Sales mix
51% Liq
3% Beer · 46% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000186265000000
Property owner (landlord)PARK LANE PARTNERS LP &
Total building SF22,177
Assessed value$5,431,890

Sister's share

Est. base rent ~$29/sqft/yr · 5,000 sqft · Class A $12,247/mo
NNN CAM / insurance$1,837/mo
NNN property tax$2,449/mo
Personal property tax own fixtures · Prop 99220928900000000 $102/mo
Total occupancy $16,635/mo

Occupancy analysis

All-in occupancy cost is 13.5% 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 $1,482,485 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$1,482,485
COGS (24%)−$355,796
Labor (14%)−$207,548
Occupancy−$179,659
TX MB gross tax (6.7%)−$99,326
Utilities / ins / mktg (8%)−$118,599
Card surcharge net+$16,307
Net profit $537,864
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$1,482,485
COGS (27%)−$400,271
Labor (17%)−$252,022
Occupancy−$199,621
TX MB gross tax (6.7%)−$99,326
Utilities / ins / mktg (10%)−$148,248
Card surcharge net+$16,307
Net profit $399,303
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$1,482,485
COGS (30%)−$444,746
Labor (22%)−$326,147
Occupancy−$219,583
TX MB gross tax (6.7%)−$99,326
Utilities / ins / mktg (12%)−$177,898
Card surcharge net+$16,307
Net profit $231,092
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 Charlie's Bevco LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $399,303/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 (~$399,303 net) estimated

Revenue multiple
$741k–$1.19M
0.5–0.8× gross
SDE multiple
$998k–$1.40M
2.5–3.5× earnings
Cap rate
$1.21M–$1.60M
25–33%
Suggested range
$998k–$1,398k
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 2026-06-09

Lookup pending — check back tomorrow

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