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MB200164888
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Firefly Gardens

5410 E MAIN ST, Midlothian, TX 76065 · TABC MB200164888

Mixed Beverage Midlothian Market Enriched 2026-09-02
$206,812 Annual gross (L12M) ▼ 88.7% latest MoM Click for monthly detail
$18,801 Avg monthly ▼ 80.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $57,429/yr est. net Click for cost model
$144k–$201k Est. acquisition range 0.83× annual gross (blended) Click for valuation methods
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Executive Summary

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Firefly Gardens is a mixed-beverage licensed establishment at 5410 E MAIN ST, Midlothian, Texas (TABC MB200164888). Over the most recent 12 months it reported $206,812 in gross alcohol sales, averaging $18,801/month with a best month of $42,000. Sales mix: ~55% liquor · 15% beer · 30% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $57,429 (~28% margin). Acquisition value is estimated at $144k–$201k 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
$206,812
Avg monthly
$18,801
Best month
$42,000
May 2026
Sales mix
55% Liq
15% Beer · 30% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$1,810/mo
NNN CAM / insurance$271/mo
Total occupancy$2,177/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $206,812 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$206,812
COGS (24%)−$49,635
Labor (14%)−$28,954
Occupancy−$23,510
TX MB gross tax (6.7%)−$13,856
Utilities / ins / mktg (8%)−$16,545
Card surcharge net+$2,275
Net profit $76,587
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$206,812
COGS (27%)−$55,839
Labor (17%)−$35,158
Occupancy−$26,123
TX MB gross tax (6.7%)−$13,856
Utilities / ins / mktg (10%)−$20,681
Card surcharge net+$2,275
Net profit $57,429
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$206,812
COGS (30%)−$62,044
Labor (22%)−$45,499
Occupancy−$28,735
TX MB gross tax (6.7%)−$13,856
Utilities / ins / mktg (12%)−$24,817
Card surcharge net+$2,275
Net profit $34,136
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 Aristide LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $57,429/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 (~$57,429 net) estimated

Revenue multiple
$103k–$165k
0.5–0.8× gross
SDE multiple
$144k–$201k
2.5–3.5× earnings
Cap rate
$174k–$230k
25–33%
Suggested range
$144k–$201k
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 2026-05-25

Lookup pending — check back tomorrow

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