Chamberlain's Prime Chop House

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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $6,178,165 – $9,885,064/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

Click to expand full narrative

Chamberlain's Prime Chop House is a mixed-beverage licensed establishment at 5330 BELT LINE RD, Dallas, Texas (TABC MB238120). Over the most recent 12 months it reported $2,471,266 in gross alcohol sales, averaging $205,939/month with a best month of $299,764. Sales mix: ~52% liquor · 3% beer · 45% wine. The building at this address is owned by TOWN HALL ASSOCIATES LLC (5,433 sqft, $2,561,110 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $472,106 (~19% margin). Acquisition value is estimated at $1,236k–$1,652k 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

$2,471,266

Avg monthly

$205,939

Best month

$299,764

Dec 2025

Sales mix

52% Liq

3% Beer · 45% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID10000900381500000

Property owner (landlord)TOWN HALL ASSOCIATES LLC

Total building SF5,433

Assessed value$2,561,110

Chamberlain's Prime Chop House's share

Est. base rent ~$57/sqft/yr · 7,500 sqft · Class A $35,355/mo

NNN CAM / insurance$5,303/mo

NNN property tax$2,561/mo

Personal property tax own fixtures · Prop 99932140000029200 $638/mo

Total occupancy $43,857/mo

Occupancy analysis

All-in occupancy cost is 21.3% 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 $2,471,266 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~29%

Revenue$2,471,266

COGS (24%)−$593,104

Labor (14%)−$345,977

Occupancy−$473,657

TX MB gross tax (6.7%)−$165,575

Utilities / ins / mktg (8%)−$197,701

Card surcharge net+$27,184

Net profit $722,436

Most Likely

Typical bar, light food program, full two-shift staffing

~19%

Revenue$2,471,266

COGS (27%)−$667,242

Labor (17%)−$420,115

Occupancy−$526,286

TX MB gross tax (6.7%)−$165,575

Utilities / ins / mktg (10%)−$247,127

Card surcharge net+$27,184

Net profit $472,106

Stressed

Heavy food, larger crew, higher rent

~7%

Revenue$2,471,266

COGS (30%)−$741,380

Labor (22%)−$543,679

Occupancy−$578,914

TX MB gross tax (6.7%)−$165,575

Utilities / ins / mktg (12%)−$296,552

Card surcharge net+$27,184

Net profit $172,351

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 Prime Steak LTD looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $472,106/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 (~$472,106 net) estimated

Revenue multiple

$1.24M–$1.98M

0.5–0.8× gross

SDE multiple

$1.18M–$1.65M

2.5–3.5× earnings

Cap rate

$1.43M–$1.89M

25–33%

Suggested range

$1,236k–$1,652k

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.

Full-business estimate · Steakhouse

If you're buying the whole restaurant, not just the bar program

We estimate this steakhouse pulls $6,178,165–$9,885,064/yr in total revenue (your liquor portion of $2,471,266 is roughly 25–40% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue

$6,178k–$9,885k

food + liquor + service

Estimated net (10–15%)

$618k–$1,483k

restaurant margin

Full-business value

$1,699k–$5,437k

blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

1 case on file · public records

1 federal case

1 wage-and-hour

As defendant in 1 case

Most recent filing

Parker v. Prime Steak, Ltd.

TXND · 2009-04-08 · CLOSED

Public records, last checked 2026-05-29

Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

If you're buying the whole restaurant, not just the bar program

Federal court history