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Financials

MB200062239
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Ojos Locos Sports Cantina

11382 LYNDON B JOHNSON FWY, Dallas, TX 75238 · TABC MB200062239

Mixed Beverage Dallas Market Enriched 2026-05-24
$2,735,393 Annual gross (L12M) ▲ 1.4% latest MoM Click for monthly detail
$248,672 Avg monthly ▼ 16.8% latest vs avg Click for monthly detail
~33% Est. net margin (likely) $902,049/yr est. net Click for cost model
$2,255k–$2,735k Est. acquisition range 0.91× 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): $3,907,704 – $5,470,786/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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Ojos Locos Sports Cantina is a mixed-beverage licensed establishment at 11382 LYNDON B JOHNSON FWY, Dallas, Texas (TABC MB200062239). Over the most recent 12 months it reported $2,735,393 in gross alcohol sales, averaging $248,672/month with a best month of $350,803. Sales mix: ~34% liquor · 66% beer · 0% wine. The building at this address is owned by TFG SEDONA RIDGE APARTMENTS LLC (159,732 sqft, $30,192,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $902,049 (~33% margin). Acquisition value is estimated at $2,255k–$2,735k 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
$2,735,393
Avg monthly
$248,672
Best month
$350,803
Aug 2025
Sales mix
34% Liq
66% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID007487000G0040000
Property owner (landlord)TFG SEDONA RIDGE APARTMENTS LLC
Total building SF159,732
Assessed value$30,192,000

Ojos Locos Sports Cantina's share

Est. base rent ~$19/sqft/yr · 7,500 sqft · Class B $11,814/mo
NNN CAM / insurance$1,772/mo
NNN property tax$2,835/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $16,921/mo

Occupancy analysis

All-in occupancy cost is 7.4% 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 $2,735,393 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~42%
Revenue$2,735,393
COGS (24%)−$656,494
Labor (14%)−$382,955
Occupancy−$182,745
TX MB gross tax (6.7%)−$183,271
Utilities / ins / mktg (8%)−$218,831
Card surcharge net+$30,089
Net profit $1,141,185
Most Likely
Typical bar, light food program, full two-shift staffing
~33%
Revenue$2,735,393
COGS (27%)−$738,556
Labor (17%)−$465,017
Occupancy−$203,050
TX MB gross tax (6.7%)−$183,271
Utilities / ins / mktg (10%)−$273,539
Card surcharge net+$30,089
Net profit $902,049
Stressed
Heavy food, larger crew, higher rent
~22%
Revenue$2,735,393
COGS (30%)−$820,618
Labor (22%)−$601,786
Occupancy−$223,355
TX MB gross tax (6.7%)−$183,271
Utilities / ins / mktg (12%)−$328,247
Card surcharge net+$30,089
Net profit $608,205
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 Ol Beverage Holdings LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $902,049/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 (~$902,049 net) estimated

Revenue multiple
$1.37M–$2.19M
0.5–0.8× gross
SDE multiple
$2.26M–$3.16M
2.5–3.5× earnings
Cap rate
$2.73M–$3.61M
25–33%
Suggested range
$2,255k–$2,735k
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 2026-05-22

Lookup pending — check back tomorrow

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