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MB200143561
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Longhorn Steakhouse #5682

18995 INTERSTATE 635, Mesquite, TX 75150 · TABC MB200143561

Mixed Beverage Mesquite Market Enriched 2026-07-10
$476,803 Annual gross (L12M) ▲ 9.6% latest MoM Click for monthly detail
$39,734 Avg monthly ▲ 5.8% latest vs avg Click for monthly detail
~37% Est. net margin (likely) $176,485/yr est. net Click for cost model
$441k–$477k Est. acquisition range 0.96× 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $1,192,008 – $1,907,212/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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Longhorn Steakhouse #5682 is a mixed-beverage licensed establishment at 18995 INTERSTATE 635, Mesquite, Texas (TABC MB200143561). Over the most recent 12 months it reported $476,803 in gross alcohol sales, averaging $39,734/month with a best month of $59,147. Sales mix: ~77% liquor · 18% beer · 5% wine. The building at this address is owned by IH 30 NORTHWEST GMD LTD $234,410 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $176,485 (~37% margin). Acquisition value is estimated at $441k–$477k 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
$476,803
Avg monthly
$39,734
Best month
$59,147
Mar 2026
Sales mix
77% Liq
18% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID65141073510040000
Property owner (landlord)IH 30 NORTHWEST GMD LTD
Assessed value$234,410

Longhorn Steakhouse #5682's share

Est. base rent ~$4/sqft/yr · 2,500 sqft · Class C $879/mo
NNN CAM / insurance$132/mo
NNN property tax$234/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $1,345/mo

Occupancy analysis

All-in occupancy cost is 3.4% 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 $476,803 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$476,803
COGS (24%)−$114,433
Labor (14%)−$66,752
Occupancy−$14,529
TX MB gross tax (6.7%)−$31,946
Utilities / ins / mktg (8%)−$38,144
Card surcharge net+$5,245
Net profit $216,243
Most Likely
Typical bar, light food program, full two-shift staffing
~37%
Revenue$476,803
COGS (27%)−$128,737
Labor (17%)−$81,057
Occupancy−$16,144
TX MB gross tax (6.7%)−$31,946
Utilities / ins / mktg (10%)−$47,680
Card surcharge net+$5,245
Net profit $176,485
Stressed
Heavy food, larger crew, higher rent
~27%
Revenue$476,803
COGS (30%)−$143,041
Labor (22%)−$104,897
Occupancy−$17,758
TX MB gross tax (6.7%)−$31,946
Utilities / ins / mktg (12%)−$57,216
Card surcharge net+$5,245
Net profit $127,190
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 Rare Hospitality International INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $176,485/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 (~$176,485 net) estimated

Revenue multiple
$238k–$381k
0.5–0.8× gross
SDE multiple
$441k–$618k
2.5–3.5× earnings
Cap rate
$535k–$706k
25–33%
Suggested range
$441k–$477k
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.
Full-business estimate · Steakhouse

If you're buying the whole restaurant, not just the bar program

We estimate this steakhouse pulls $1,192,008–$1,907,212/yr in total revenue (your liquor portion of $476,803 is roughly 25–40% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$1,192k–$1,907k
food + liquor + service
Estimated net (10–15%)
$119k–$286k
restaurant margin
Full-business value
$328k–$1,049k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-05-22

Lookup pending — check back tomorrow

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