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Financials

MB200055463
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Eddie V's #8531

5300 STATE HIGHWAY 121, Plano, TX 75024 · TABC MB200055463

Mixed Beverage Plano Market Enriched 2026-05-24
$2,372,469 Annual gross (L12M) ▼ 12.5% latest MoM Click for monthly detail
$197,706 Avg monthly ▼ 6.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $531,433/yr est. net Click for cost model
$1,329k–$1,860k 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $5,931,172 – $9,489,876/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

Eddie V's #8531 is a mixed-beverage licensed establishment at 5300 STATE HIGHWAY 121, Plano, Texas (TABC MB200055463). Over the most recent 12 months it reported $2,372,469 in gross alcohol sales, averaging $197,706/month with a best month of $303,858. Sales mix: ~55% liquor · 2% beer · 43% wine. The building at this address is owned by JMCR VILLAGE RETAIL LP (10,726 sqft, $9,882,868 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $531,433 (~22% margin). Acquisition value is estimated at $1,329k–$1,860k 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
$2,372,469
Avg monthly
$197,706
Best month
$303,858
Dec 2025
Sales mix
55% Liq
2% Beer · 43% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2864637
Property owner (landlord)JMCR VILLAGE RETAIL LP
Total building SF10,726
Assessed value$9,882,868

Eddie V's #8531's share

Est. base rent ~$37/sqft/yr · 7,500 sqft · Class A $23,065/mo
NNN CAM / insurance$3,460/mo
NNN property tax$8,648/mo
Personal property tax est — no BPP record $415/mo
Total occupancy $35,587/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 $2,372,469 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$2,372,469
COGS (24%)−$569,393
Labor (14%)−$332,146
Occupancy−$384,340
TX MB gross tax (6.7%)−$158,955
Utilities / ins / mktg (8%)−$189,798
Card surcharge net+$26,097
Net profit $763,935
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$2,372,469
COGS (27%)−$640,567
Labor (17%)−$403,320
Occupancy−$427,044
TX MB gross tax (6.7%)−$158,955
Utilities / ins / mktg (10%)−$237,247
Card surcharge net+$26,097
Net profit $531,433
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$2,372,469
COGS (30%)−$711,741
Labor (22%)−$521,943
Occupancy−$469,749
TX MB gross tax (6.7%)−$158,955
Utilities / ins / mktg (12%)−$284,696
Card surcharge net+$26,097
Net profit $251,482
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 Eddie V's Holdings LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $531,433/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 (~$531,433 net) estimated

Revenue multiple
$1.19M–$1.90M
0.5–0.8× gross
SDE multiple
$1.33M–$1.86M
2.5–3.5× earnings
Cap rate
$1.61M–$2.13M
25–33%
Suggested range
$1,329k–$1,860k
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 · Steakhouse

If you're buying the whole restaurant, not just the bar program

We estimate this steakhouse pulls $5,931,172–$9,489,876/yr in total revenue (your liquor portion of $2,372,469 is roughly 25–40% 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
$5,931k–$9,490k
food + liquor + service
Estimated net (10–15%)
$593k–$1,423k
restaurant margin
Full-business value
$1,631k–$5,219k
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

2 cases on file · public records

2 federal cases
1 bankruptcy
As defendant in 1 case
Most recent filing
Edgar v. Eddie V's Holdings, LLC
TNMD · 2023-09-20 · CLOSED
Public records, last checked 2026-05-22