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MB200196362
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Stan's Blue Note

2908 GREENVILLE AVE, Dallas, TX 75206 · TABC MB200196362

Mixed Beverage Dallas Market Enriched 2026-07-12
$171,114 Annual gross (L12M) Click for monthly detail
$171,114 Avg monthly — 0.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $38,330/yr est. net Click for cost model
$96k–$134k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
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Executive Summary

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Stan's Blue Note is a mixed-beverage licensed establishment at 2908 GREENVILLE AVE, Dallas, Texas (TABC MB200196362). Over the most recent 12 months it reported $171,114 in gross alcohol sales, averaging $171,114/month with a best month of $171,114. Sales mix: ~48% liquor · 52% beer · 0% wine. The building at this address is owned by MADISON PACIFIC (10,905 sqft, $2,775,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $38,330 (~22% margin). Acquisition value is estimated at $96k–$134k 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
$171,114
Avg monthly
$171,114
Best month
$171,114
May 2026
Sales mix
48% Liq
52% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000203275000000
Property owner (landlord)MADISON PACIFIC
Total building SF10,905
Assessed value$2,775,000

Stan's Blue Note's share

Est. base rent ~$5/sqft/yr · 2,500 sqft · Class A $943/mo
NNN CAM / insurance$141/mo
NNN property tax$1,272/mo
Personal property tax own fixtures · Prop 99902140000013600 $210/mo
Total occupancy $2,567/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $171,114 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$171,114
COGS (24%)−$41,067
Labor (14%)−$23,956
Occupancy−$27,720
TX MB gross tax (6.7%)−$11,465
Utilities / ins / mktg (8%)−$13,689
Card surcharge net+$1,882
Net profit $55,099
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$171,114
COGS (27%)−$46,201
Labor (17%)−$29,089
Occupancy−$30,801
TX MB gross tax (6.7%)−$11,465
Utilities / ins / mktg (10%)−$17,111
Card surcharge net+$1,882
Net profit $38,330
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$171,114
COGS (30%)−$51,334
Labor (22%)−$37,645
Occupancy−$33,881
TX MB gross tax (6.7%)−$11,465
Utilities / ins / mktg (12%)−$20,534
Card surcharge net+$1,882
Net profit $18,138
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 More Fun For All LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $38,330/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 (~$38,330 net) estimated

Revenue multiple
$86k–$137k
0.5–0.8× gross
SDE multiple
$96k–$134k
2.5–3.5× earnings
Cap rate
$116k–$153k
25–33%
Suggested range
$96k–$134k
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.