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Financials

MB533426
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Saltgrass Steakhouse

1051 W INTERSTATE 20, Arlington, TX 76017 · TABC MB533426

Mixed Beverage Arlington Market Enriched 2026-07-12
$570,186 Annual gross (L12M) ▲ 15.3% latest MoM Click for monthly detail
$47,516 Avg monthly ▲ 9.7% latest vs avg Click for monthly detail
~31% Est. net margin (likely) $174,712/yr est. net Click for cost model
$437k–$570k Est. acquisition range 0.88× 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 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): $1,425,465 – $2,280,744/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Saltgrass Steakhouse is a mixed-beverage licensed establishment at 1051 W INTERSTATE 20, Arlington, Texas (TABC MB533426). Over the most recent 12 months it reported $570,186 in gross alcohol sales, averaging $47,516/month with a best month of $57,899. Sales mix: ~67% liquor · 22% beer · 11% wine. The building at this address is owned by TEXAS HEALTH RESOURCES (281,009 sqft, $31,350,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $174,712 (~31% margin). Acquisition value is estimated at $437k–$570k 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
$570,186
Avg monthly
$47,516
Best month
$57,899
Dec 2025
Sales mix
67% Liq
22% Beer · 11% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID07170181
Property owner (landlord)TEXAS HEALTH RESOURCES
Total building SF281,009
Assessed value$31,350,000

Saltgrass Steakhouse's share

Est. base rent ~$11/sqft/yr · 3,500 sqft · Class B $3,254/mo
NNN CAM / insurance$488/mo
NNN property tax$781/mo
Personal property tax est — no BPP record $114/mo
Total occupancy $4,637/mo

Occupancy analysis

All-in occupancy cost is 9.8% 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 $570,186 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~40%
Revenue$570,186
COGS (24%)−$136,845
Labor (14%)−$79,826
Occupancy−$50,079
TX MB gross tax (6.7%)−$38,202
Utilities / ins / mktg (8%)−$45,615
Card surcharge net+$6,272
Net profit $225,891
Most Likely
Typical bar, light food program, full two-shift staffing
~31%
Revenue$570,186
COGS (27%)−$153,950
Labor (17%)−$96,932
Occupancy−$55,643
TX MB gross tax (6.7%)−$38,202
Utilities / ins / mktg (10%)−$57,019
Card surcharge net+$6,272
Net profit $174,712
Stressed
Heavy food, larger crew, higher rent
~20%
Revenue$570,186
COGS (30%)−$171,056
Labor (22%)−$125,441
Occupancy−$61,208
TX MB gross tax (6.7%)−$38,202
Utilities / ins / mktg (12%)−$68,422
Card surcharge net+$6,272
Net profit $112,129
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 Saltgrass INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $174,712/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 (~$174,712 net) estimated

Revenue multiple
$285k–$456k
0.5–0.8× gross
SDE multiple
$437k–$611k
2.5–3.5× earnings
Cap rate
$529k–$699k
25–33%
Suggested range
$437k–$570k
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 $1,425,465–$2,280,744/yr in total revenue (your liquor portion of $570,186 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
$1,425k–$2,281k
food + liquor + service
Estimated net (10–15%)
$143k–$342k
restaurant margin
Full-business value
$392k–$1,254k
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

Public records · last checked 2026-05-22

Lookup pending — check back tomorrow

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