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Financials

MB200055087
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Lee Harvey's Dive In

1315 BEAUMONT ST, Dallas, TX 75215 · TABC MB200055087

Mixed Beverage Dallas Market Enriched 2026-08-07
$206,015 Annual gross (L12M) ▲ 23.2% latest MoM Click for monthly detail
$29,431 Avg monthly ▲ 35.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $46,147/yr est. net Click for cost model
$115k–$162k 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 Dive Bar, liquor is typically only 85–98% of total business revenue. Almost entirely liquor. Estimated total revenue (rough): $210,219 – $242,371/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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Lee Harvey's Dive In is a mixed-beverage licensed establishment at 1315 BEAUMONT ST, Dallas, Texas (TABC MB200055087). Over the most recent 12 months it reported $206,015 in gross alcohol sales, averaging $29,431/month with a best month of $59,326. Sales mix: ~74% liquor · 25% beer · 2% wine. The building at this address is owned by 42 AKARD LP (2,512 sqft, $759,410 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $46,147 (~22% margin). Acquisition value is estimated at $115k–$162k 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
$206,015
Avg monthly
$29,431
Best month
$59,326
Jul 2025
Sales mix
74% Liq
25% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000133081000000
Property owner (landlord)42 AKARD LP
Total building SF2,512
Assessed value$759,410

Lee Harvey's Dive In's share

Est. base rent ~$10/sqft/yr · 2,500 sqft · Class A $1,991/mo
NNN CAM / insurance$299/mo
NNN property tax$759/mo
Personal property tax own fixtures · Prop 99200334600423400 $41/mo
Total occupancy $3,090/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 $206,015 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$206,015
COGS (24%)−$49,444
Labor (14%)−$28,842
Occupancy−$33,374
TX MB gross tax (6.7%)−$13,803
Utilities / ins / mktg (8%)−$16,481
Card surcharge net+$2,266
Net profit $66,337
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$206,015
COGS (27%)−$55,624
Labor (17%)−$35,023
Occupancy−$37,083
TX MB gross tax (6.7%)−$13,803
Utilities / ins / mktg (10%)−$20,602
Card surcharge net+$2,266
Net profit $46,147
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$206,015
COGS (30%)−$61,804
Labor (22%)−$45,323
Occupancy−$40,791
TX MB gross tax (6.7%)−$13,803
Utilities / ins / mktg (12%)−$24,722
Card surcharge net+$2,266
Net profit $21,838
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 Lee Harvey's Dive In LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $46,147/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 (~$46,147 net) estimated

Revenue multiple
$103k–$165k
0.5–0.8× gross
SDE multiple
$115k–$162k
2.5–3.5× earnings
Cap rate
$140k–$185k
25–33%
Suggested range
$115k–$162k
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 2026-06-19

No federal lawsuits — past or pending