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Financials

MB200140419
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Cactus Canyon

700 FM 407 W, Argyle, TX 76226 · TABC MB200140419

Mixed Beverage Argyle Market Enriched 2026-05-24
$1,953,741 Annual gross (L12M) ▲ 1.8% latest MoM Click for monthly detail
$162,812 Avg monthly ▲ 7.6% latest vs avg Click for monthly detail
~38% Est. net margin (likely) $746,903/yr est. net Click for cost model
$1,867k–$1,954k Est. acquisition range 0.98× 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 Dive Bar, liquor is typically only 85–98% of total business revenue. Almost entirely liquor. Estimated total revenue (rough): $1,993,613 – $2,298,519/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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Cactus Canyon is a mixed-beverage licensed establishment at 700 FM 407 W, Argyle, Texas (TABC MB200140419). Over the most recent 12 months it reported $1,953,741 in gross alcohol sales, averaging $162,812/month with a best month of $177,175. Sales mix: ~88% liquor · 8% beer · 5% wine. The building at this address is owned by CIRCLE STAR BRANDS DENTON LLC (63,011 sqft, $3,826,879 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $746,903 (~38% margin). Acquisition value is estimated at $1,867k–$1,954k 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
$1,953,741
Avg monthly
$162,812
Best month
$177,175
Aug 2025
Sales mix
88% Liq
8% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1033809
Property owner (landlord)CIRCLE STAR BRANDS DENTON LLC
Total building SF63,011
Assessed value$3,826,879

Cactus Canyon's share

Est. base rent ~$5/sqft/yr · 5,000 sqft · Class C $2,278/mo
NNN CAM / insurance$342/mo
NNN property tax$557/mo
Personal property tax est — no BPP record $358/mo
Total occupancy $3,534/mo

Occupancy analysis

All-in occupancy cost is 2.2% 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 $1,953,741 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~46%
Revenue$1,953,741
COGS (24%)−$468,898
Labor (14%)−$273,524
Occupancy−$38,168
TX MB gross tax (6.7%)−$130,901
Utilities / ins / mktg (8%)−$156,299
Card surcharge net+$21,491
Net profit $907,443
Most Likely
Typical bar, light food program, full two-shift staffing
~38%
Revenue$1,953,741
COGS (27%)−$527,510
Labor (17%)−$332,136
Occupancy−$42,409
TX MB gross tax (6.7%)−$130,901
Utilities / ins / mktg (10%)−$195,374
Card surcharge net+$21,491
Net profit $746,903
Stressed
Heavy food, larger crew, higher rent
~28%
Revenue$1,953,741
COGS (30%)−$586,122
Labor (22%)−$429,823
Occupancy−$46,649
TX MB gross tax (6.7%)−$130,901
Utilities / ins / mktg (12%)−$234,449
Card surcharge net+$21,491
Net profit $547,288
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 Cactus Canyon Argyle LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $746,903/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 (~$746,903 net) estimated

Revenue multiple
$977k–$1.56M
0.5–0.8× gross
SDE multiple
$1.87M–$2.61M
2.5–3.5× earnings
Cap rate
$2.26M–$2.99M
25–33%
Suggested range
$1,867k–$1,954k
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 2026-06-02

Lookup pending — check back tomorrow

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