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Financials

MB200132569
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Vice Park

2601 GASTON AVE, Dallas, TX 75226 · TABC MB200132569

Mixed Beverage Dallas Market Enriched 2026-05-24
$2,695,004 Annual gross (L12M) ▼ 18.7% latest MoM Click for monthly detail
$224,584 Avg monthly ▼ 48.1% latest vs avg Click for monthly detail
~23% Est. net margin (likely) $614,406/yr est. net Click for cost model
$1,536k–$2,150k Est. acquisition range 0.68× 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $2,994,449 – $3,593,339/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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Vice Park is a mixed-beverage licensed establishment at 2601 GASTON AVE, Dallas, Texas (TABC MB200132569). Over the most recent 12 months it reported $2,695,004 in gross alcohol sales, averaging $224,584/month with a best month of $368,604. Sales mix: ~85% liquor · 7% beer · 8% wine. The building at this address is owned by GREENWAY CP 2601 LP (2,500 sqft, $1,100,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $614,406 (~23% margin). Acquisition value is estimated at $1,536k–$2,150k 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
$2,695,004
Avg monthly
$224,584
Best month
$368,604
Jun 2025
Sales mix
85% Liq
7% Beer · 8% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID000285000002A0000
Property owner (landlord)GREENWAY CP 2601 LP
Total building SF2,500
Assessed value$1,100,000

Vice Park's share

Est. base rent ~$53/sqft/yr · 7,500 sqft · Class A $33,000/mo
NNN CAM / insurance$4,950/mo
NNN property tax$1,100/mo
Personal property tax own fixtures · Prop 99240904160000000 $481/mo
Total occupancy $39,531/mo

Occupancy analysis

All-in occupancy cost is 17.6% 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 $2,695,004 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$2,695,004
COGS (24%)−$646,801
Labor (14%)−$377,301
Occupancy−$426,938
TX MB gross tax (6.7%)−$180,565
Utilities / ins / mktg (8%)−$215,600
Card surcharge net+$29,645
Net profit $877,443
Most Likely
Typical bar, light food program, full two-shift staffing
~23%
Revenue$2,695,004
COGS (27%)−$727,651
Labor (17%)−$458,151
Occupancy−$474,376
TX MB gross tax (6.7%)−$180,565
Utilities / ins / mktg (10%)−$269,500
Card surcharge net+$29,645
Net profit $614,406
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$2,695,004
COGS (30%)−$808,501
Labor (22%)−$592,901
Occupancy−$521,814
TX MB gross tax (6.7%)−$180,565
Utilities / ins / mktg (12%)−$323,400
Card surcharge net+$29,645
Net profit $297,468
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 Everybody Wants Some LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $614,406/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 (~$614,406 net) estimated

Revenue multiple
$1.35M–$2.16M
0.5–0.8× gross
SDE multiple
$1.54M–$2.15M
2.5–3.5× earnings
Cap rate
$1.86M–$2.46M
25–33%
Suggested range
$1,536k–$2,150k
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 2026-05-28

Lookup pending — check back tomorrow

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