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Financials

MB200066776
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Rodeo City Provisions

1818 RODEO DR, Mesquite, TX 75149 · TABC MB200066776

Mixed Beverage Mesquite Market Enriched 2026-06-15
$1,340,467 Annual gross (L12M) ▼ 22.5% latest MoM Click for monthly detail
$111,706 Avg monthly ▲ 60.9% latest vs avg Click for monthly detail
~31% Est. net margin (likely) $410,124/yr est. net Click for cost model
$1,025k–$1,340k Est. acquisition range 0.88× 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 Wine Bar, liquor is typically only 80–95% of total business revenue. Wine + spirits dominant. Estimated total revenue (rough): $1,411,018 – $1,675,584/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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Rodeo City Provisions is a mixed-beverage licensed establishment at 1818 RODEO DR, Mesquite, Texas (TABC MB200066776). Over the most recent 12 months it reported $1,340,467 in gross alcohol sales, averaging $111,706/month with a best month of $231,968. Sales mix: ~32% liquor · 67% beer · 1% wine. The building at this address is owned by MESQUITE CITY OF (123,125 sqft, $23,021,530 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $410,124 (~31% margin). Acquisition value is estimated at $1,025k–$1,340k 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
$1,340,467
Avg monthly
$111,706
Best month
$231,968
Mar 2026
Sales mix
32% Liq
67% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID65007456510030000
Property owner (landlord)MESQUITE CITY OF
Total building SF123,125
Assessed value$23,021,530

Rodeo City Provisions's share

Est. base rent ~$19/sqft/yr · 5,000 sqft · Class B $7,791/mo
NNN CAM / insurance$1,169/mo
NNN property tax$1,870/mo
Personal property tax own fixtures · Prop 99181127420000000 $123/mo
Total occupancy $10,952/mo

Occupancy analysis

All-in occupancy cost is 9.8% 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 $1,340,467 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~40%
Revenue$1,340,467
COGS (24%)−$321,712
Labor (14%)−$187,665
Occupancy−$118,282
TX MB gross tax (6.7%)−$89,811
Utilities / ins / mktg (8%)−$107,237
Card surcharge net+$14,745
Net profit $530,504
Most Likely
Typical bar, light food program, full two-shift staffing
~31%
Revenue$1,340,467
COGS (27%)−$361,926
Labor (17%)−$227,879
Occupancy−$131,424
TX MB gross tax (6.7%)−$89,811
Utilities / ins / mktg (10%)−$134,047
Card surcharge net+$14,745
Net profit $410,124
Stressed
Heavy food, larger crew, higher rent
~20%
Revenue$1,340,467
COGS (30%)−$402,140
Labor (22%)−$294,903
Occupancy−$144,567
TX MB gross tax (6.7%)−$89,811
Utilities / ins / mktg (12%)−$160,856
Card surcharge net+$14,745
Net profit $262,935
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 Rh Bev 8 LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $410,124/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 (~$410,124 net) estimated

Revenue multiple
$670k–$1.07M
0.5–0.8× gross
SDE multiple
$1.03M–$1.44M
2.5–3.5× earnings
Cap rate
$1.24M–$1.64M
25–33%
Suggested range
$1,025k–$1,340k
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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