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Financials

MB226117
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Christies Sports Bar

2817 GREENVILLE AVE, Dallas, TX 75206 · TABC MB226117

Mixed Beverage Dallas Market Enriched 2026-05-19
$1,556,384 Annual gross (L12M) ▲ 272.3% latest MoM Click for monthly detail
$129,699 Avg monthly ▲ 64.0% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $422,155/yr est. net Click for cost model
$1,055k–$1,478k 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $2,223,406 – $3,112,768/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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Christies Sports Bar is a mixed-beverage licensed establishment at 2817 GREENVILLE AVE, Dallas, Texas (TABC MB226117). Over the most recent 12 months it reported $1,556,384 in gross alcohol sales, averaging $129,699/month with a best month of $212,641. Sales mix: ~60% liquor · 38% beer · 2% wine. The building at this address is owned by PARK LANE PARTNERS LP & (22,177 sqft, $5,431,890 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $422,155 (~27% margin). Acquisition value is estimated at $1,055k–$1,478k 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
$1,556,384
Avg monthly
$129,699
Best month
$212,641
Mar 2026
Sales mix
60% Liq
38% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000186265000000
Property owner (landlord)PARK LANE PARTNERS LP &
Total building SF22,177
Assessed value$5,431,890

Christies Sports Bar's share

Est. base rent ~$29/sqft/yr · 5,000 sqft · Class A $12,247/mo
NNN CAM / insurance$1,837/mo
NNN property tax$2,449/mo
Personal property tax own fixtures · Prop 99211027330000000 $686/mo
Total occupancy $17,219/mo

Occupancy analysis

All-in occupancy cost is 13.3% 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 $1,556,384 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$1,556,384
COGS (24%)−$373,532
Labor (14%)−$217,894
Occupancy−$185,962
TX MB gross tax (6.7%)−$104,278
Utilities / ins / mktg (8%)−$124,511
Card surcharge net+$17,120
Net profit $567,328
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$1,556,384
COGS (27%)−$420,224
Labor (17%)−$264,585
Occupancy−$206,624
TX MB gross tax (6.7%)−$104,278
Utilities / ins / mktg (10%)−$155,638
Card surcharge net+$17,120
Net profit $422,155
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$1,556,384
COGS (30%)−$466,915
Labor (22%)−$342,404
Occupancy−$227,286
TX MB gross tax (6.7%)−$104,278
Utilities / ins / mktg (12%)−$186,766
Card surcharge net+$17,120
Net profit $245,854
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 Go Blue I LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $422,155/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 (~$422,155 net) estimated

Revenue multiple
$778k–$1.25M
0.5–0.8× gross
SDE multiple
$1.06M–$1.48M
2.5–3.5× earnings
Cap rate
$1.28M–$1.69M
25–33%
Suggested range
$1,055k–$1,478k
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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