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Financials

MB207652
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Sue Ellen's

3014 THROCKMORTON ST, Dallas, TX 75219 · TABC MB207652

Mixed Beverage Dallas Market Enriched 2026-05-19
$1,527,135 Annual gross (L12M) ▲ 12.4% latest MoM Click for monthly detail
$127,261 Avg monthly ▼ 6.6% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $413,016/yr est. net Click for cost model
$1,033k–$1,446k Est. acquisition range 0.81× 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): $1,558,301 – $1,796,629/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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Sue Ellen's is a mixed-beverage licensed establishment at 3014 THROCKMORTON ST, Dallas, Texas (TABC MB207652). Over the most recent 12 months it reported $1,527,135 in gross alcohol sales, averaging $127,261/month with a best month of $198,340. Sales mix: ~78% liquor · 22% beer · 1% wine. The building at this address is owned by PA CEDAR SPRINGS RETAIL (38,127 sqft, $9,464,060 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $413,016 (~27% margin). Acquisition value is estimated at $1,033k–$1,446k 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
$1,527,135
Avg monthly
$127,261
Best month
$198,340
Jun 2025
Sales mix
78% Liq
22% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00C10770000000100
Property owner (landlord)PA CEDAR SPRINGS RETAIL
Total building SF38,127
Assessed value$9,464,060

Sue Ellen's's share

Est. base rent ~$30/sqft/yr · 5,000 sqft · Class A $12,411/mo
NNN CAM / insurance$1,862/mo
NNN property tax$2,482/mo
Personal property tax own fixtures · Prop 99000000215748550 $240/mo
Total occupancy $16,996/mo

Occupancy analysis

All-in occupancy cost is 13.4% 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 $1,527,135 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$1,527,135
COGS (24%)−$366,512
Labor (14%)−$213,799
Occupancy−$183,552
TX MB gross tax (6.7%)−$102,318
Utilities / ins / mktg (8%)−$122,171
Card surcharge net+$16,798
Net profit $555,581
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$1,527,135
COGS (27%)−$412,326
Labor (17%)−$259,613
Occupancy−$203,947
TX MB gross tax (6.7%)−$102,318
Utilities / ins / mktg (10%)−$152,714
Card surcharge net+$16,798
Net profit $413,016
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$1,527,135
COGS (30%)−$458,140
Labor (22%)−$335,970
Occupancy−$224,341
TX MB gross tax (6.7%)−$102,318
Utilities / ins / mktg (12%)−$183,256
Card surcharge net+$16,798
Net profit $239,908
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 Isac Corporation looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $413,016/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 (~$413,016 net) estimated

Revenue multiple
$764k–$1.22M
0.5–0.8× gross
SDE multiple
$1.03M–$1.45M
2.5–3.5× earnings
Cap rate
$1.25M–$1.65M
25–33%
Suggested range
$1,033k–$1,446k
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 2026-06-08

Lookup pending — check back tomorrow

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