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Financials

MB1127370
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Mi Cocina On The Park

2000 WOODALL RODGERS FWY STE 100, Dallas, TX 75201 · TABC MB1127370

Mixed Beverage Dallas Market Enriched 2026-05-19
$1,668,097 Annual gross (L12M) ▲ 30.8% latest MoM Click for monthly detail
$139,008 Avg monthly ▲ 16.3% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $454,044/yr est. net Click for cost model
$1,135k–$1,589k Est. acquisition range 0.82× 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): $4,765,991 – $8,340,485/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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Mi Cocina On The Park is a mixed-beverage licensed establishment at 2000 WOODALL RODGERS FWY STE 100, Dallas, Texas (TABC MB1127370). Over the most recent 12 months it reported $1,668,097 in gross alcohol sales, averaging $139,008/month with a best month of $179,293. Sales mix: ~89% liquor · 7% beer · 4% wine. The building at this address is owned by DALLAS CITY OF $43,560,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $454,044 (~27% margin). Acquisition value is estimated at $1,135k–$1,589k 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
$1,668,097
Avg monthly
$139,008
Best month
$179,293
Apr 2025
Sales mix
89% Liq
7% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00KLYDEWARRENPK00
Property owner (landlord)DALLAS CITY OF
Mi Cocina On The Park's footprint estimated — suite-level not on file 5,000 sf
Assessed value$43,560,000

Mi Cocina On The Park's share

Est. base rent ~$30/sqft/yr · 5,000 sqft · Class A $12,500/mo
NNN CAM / insurance$1,875/mo
NNN property tax$2,500/mo
Personal property tax own fixtures · Prop 99220413260000000 $1,447/mo
Total occupancy $18,322/mo

Occupancy analysis

All-in occupancy cost is 13.2% 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 $1,668,097 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,668,097
COGS (24%)−$400,343
Labor (14%)−$233,534
Occupancy−$197,880
TX MB gross tax (6.7%)−$111,762
Utilities / ins / mktg (8%)−$133,448
Card surcharge net+$18,349
Net profit $609,479
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$1,668,097
COGS (27%)−$450,386
Labor (17%)−$283,576
Occupancy−$219,867
TX MB gross tax (6.7%)−$111,762
Utilities / ins / mktg (10%)−$166,810
Card surcharge net+$18,349
Net profit $454,044
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$1,668,097
COGS (30%)−$500,429
Labor (22%)−$366,981
Occupancy−$241,854
TX MB gross tax (6.7%)−$111,762
Utilities / ins / mktg (12%)−$200,172
Card surcharge net+$18,349
Net profit $265,248
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 Mico 21 Club INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $454,044/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 (~$454,044 net) estimated

Revenue multiple
$834k–$1.33M
0.5–0.8× gross
SDE multiple
$1.14M–$1.59M
2.5–3.5× earnings
Cap rate
$1.38M–$1.82M
25–33%
Suggested range
$1,135k–$1,589k
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 $4,765,991–$8,340,485/yr in total revenue (your liquor portion of $1,668,097 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
$4,766k–$8,340k
food + liquor + service
Estimated net (10–15%)
$477k–$1,251k
restaurant margin
Full-business value
$1,311k–$4,587k
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 2026-06-17

Lookup pending — check back tomorrow

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