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MB200067964
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The Vault

2300 MATLOCK RD STE 3,4,5 & 31, Mansfield, TX 76063 · TABC MB200067964

Mixed Beverage Mansfield Market Enriched 2026-05-24
$1,856,045 Annual gross (L12M) ▲ 31.7% latest MoM Click for monthly detail
$154,670 Avg monthly ▲ 28.1% latest vs avg Click for monthly detail
~34% Est. net margin (likely) $624,981/yr est. net Click for cost model
$1,562k–$1,856k Est. acquisition range 0.92× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,953,732 – $2,183,582/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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The Vault is a mixed-beverage licensed establishment at 2300 MATLOCK RD STE 3,4,5 & 31, Mansfield, Texas (TABC MB200067964). Over the most recent 12 months it reported $1,856,045 in gross alcohol sales, averaging $154,670/month with a best month of $198,165. Sales mix: ~78% liquor · 2% beer · 20% wine. The building at this address is owned by MCBAGE INC (38,511 sqft, $6,671,908 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $624,981 (~34% margin). Acquisition value is estimated at $1,562k–$1,856k 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
$1,856,045
Avg monthly
$154,670
Best month
$198,165
Apr 2026
Sales mix
78% Liq
2% Beer · 20% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID07170238
Property owner (landlord)MCBAGE INC
Total building SF whole parcel — The Vault is in STE 338,511
The Vault's footprint estimated — suite-level not on file 5,000 sf
Assessed value$6,671,908

The Vault's share

Est. base rent ~$17/sqft/yr · 5,000 sqft · Class B $7,219/mo
NNN CAM / insurance$1,083/mo
NNN property tax$1,732/mo
Personal property tax est — no BPP record $371/mo
Total occupancy $10,405/mo

Occupancy analysis

All-in occupancy cost is 6.7% 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 $1,856,045 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~42%
Revenue$1,856,045
COGS (24%)−$445,451
Labor (14%)−$259,846
Occupancy−$112,375
TX MB gross tax (6.7%)−$124,355
Utilities / ins / mktg (8%)−$148,484
Card surcharge net+$20,416
Net profit $785,951
Most Likely
Typical bar, light food program, full two-shift staffing
~34%
Revenue$1,856,045
COGS (27%)−$501,132
Labor (17%)−$315,528
Occupancy−$124,861
TX MB gross tax (6.7%)−$124,355
Utilities / ins / mktg (10%)−$185,604
Card surcharge net+$20,416
Net profit $624,981
Stressed
Heavy food, larger crew, higher rent
~23%
Revenue$1,856,045
COGS (30%)−$556,814
Labor (22%)−$408,330
Occupancy−$137,347
TX MB gross tax (6.7%)−$124,355
Utilities / ins / mktg (12%)−$222,725
Card surcharge net+$20,416
Net profit $426,891
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 Talley's LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $624,981/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 (~$624,981 net) estimated

Revenue multiple
$928k–$1.48M
0.5–0.8× gross
SDE multiple
$1.56M–$2.19M
2.5–3.5× earnings
Cap rate
$1.89M–$2.50M
25–33%
Suggested range
$1,562k–$1,856k
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

2 cases on file · public records

2 federal cases
1 bankruptcy
1 wage-and-hour
Most recent filing
IN RE SKANSKA USA CIVIL SOUTHEAST INC AND SKANSKA USA INC
FLND · 2020-12-09 · CLOSED
Public records, last checked 2026-05-26