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Financials

MB200177611
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2106 N. Dallas Street LLC

2106 DALLAS ST STE 100, Houston, TX 77003 · TABC MB200177611

Mixed Beverage Houston Market Enriched 2026-05-23
$1,772,727 Annual gross (L12M) Click for monthly detail
$886,364 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~29% Est. net margin (likely) $515,267/yr est. net Click for cost model
$1,288k–$1,773k Est. acquisition range 0.86× 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): $1,866,028 – $2,085,561/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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2106 N. Dallas Street LLC is a mixed-beverage licensed establishment at 2106 DALLAS ST STE 100, Houston, Texas (TABC MB200177611). Over the most recent 12 months it reported $1,772,727 in gross alcohol sales, averaging $886,364/month with a best month of $1,677,912. Sales mix: ~89% liquor · 11% beer · 1% wine. The building at this address is owned by EADO INVESTMENTS LP (21,500 sqft, $5,220,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $515,267 (~29% margin). Acquisition value is estimated at $1,288k–$1,773k 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
$1,772,727
Avg monthly
$886,364
Best month
$1,677,912
Dec 2025
Sales mix
89% Liq
11% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0020030000009
Property owner (landlord)EADO INVESTMENTS LP
Total building SF whole parcel — 2106 N. Dallas Street LLC is in STE 10021,500
2106 N. Dallas Street LLC's footprint estimated — suite-level not on file 5,000 sf
Assessed value$5,220,000

2106 N. Dallas Street LLC's share

Est. base rent ~$29/sqft/yr · 5,000 sqft · Class A $12,140/mo
NNN CAM / insurance$1,821/mo
NNN property tax$2,428/mo
Personal property tax est — no BPP record $355/mo
Total occupancy $16,743/mo

Occupancy analysis

All-in occupancy cost is 11.3% 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 $1,772,727 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$1,772,727
COGS (24%)−$425,454
Labor (14%)−$248,182
Occupancy−$180,824
TX MB gross tax (6.7%)−$118,773
Utilities / ins / mktg (8%)−$141,818
Card surcharge net+$19,500
Net profit $677,176
Most Likely
Typical bar, light food program, full two-shift staffing
~29%
Revenue$1,772,727
COGS (27%)−$478,636
Labor (17%)−$301,364
Occupancy−$200,915
TX MB gross tax (6.7%)−$118,773
Utilities / ins / mktg (10%)−$177,273
Card surcharge net+$19,500
Net profit $515,267
Stressed
Heavy food, larger crew, higher rent
~18%
Revenue$1,772,727
COGS (30%)−$531,818
Labor (22%)−$390,000
Occupancy−$221,007
TX MB gross tax (6.7%)−$118,773
Utilities / ins / mktg (12%)−$212,727
Card surcharge net+$19,500
Net profit $317,902
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 2106 N Dallas Street LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $515,267/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 (~$515,267 net) estimated

Revenue multiple
$886k–$1.42M
0.5–0.8× gross
SDE multiple
$1.29M–$1.80M
2.5–3.5× earnings
Cap rate
$1.56M–$2.06M
25–33%
Suggested range
$1,288k–$1,773k
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 2026-07-05

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