Nema Beverage Corporation

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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,513,533 – $2,724,360/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

Click to expand full narrative

Nema Beverage Corporation is a mixed-beverage licensed establishment at 400 NORTHPARK CTR, Dallas, Texas (TABC MB602128). Over the most recent 12 months it reported $681,090 in gross alcohol sales, averaging $56,758/month with a best month of $154,293. Sales mix: ~20% liquor · 2% beer · 77% wine. The building at this address is owned by NORTHPARK LAND PARTNERS (283,295 sqft, $469,125,710 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-689,365 (~-101% margin). Acquisition value is estimated at $341k–$-2,413k 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

$681,090

Avg monthly

$56,758

Best month

$154,293

Dec 2025

Sales mix

20% Liq

2% Beer · 77% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID005453000K01A0000

Property owner (landlord)NORTHPARK LAND PARTNERS

Total building SF283,295

Assessed value$469,125,710

Nema Beverage Corporation's share

Est. base rent ~$199/sqft/yr · 3,500 sqft · Class A $57,959/mo

NNN CAM / insurance$8,694/mo

NNN property tax$11,592/mo

Personal property tax own fixtures · Prop 99913360000119300 $2,133/mo

Total occupancy $80,377/mo

Occupancy analysis

All-in occupancy cost is 141.6% 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 $681,090 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~-79%

Revenue$681,090

COGS (24%)−$163,462

Labor (14%)−$95,353

Occupancy−$868,072

TX MB gross tax (6.7%)−$45,633

Utilities / ins / mktg (8%)−$54,487

Card surcharge net+$7,492

Net profit $-538,425

Most Likely

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

~-101%

Revenue$681,090

COGS (27%)−$183,894

Labor (17%)−$115,785

Occupancy−$964,525

TX MB gross tax (6.7%)−$45,633

Utilities / ins / mktg (10%)−$68,109

Card surcharge net+$7,492

Net profit $-689,365

Stressed

Heavy food, larger crew, higher rent

~-125%

Revenue$681,090

COGS (30%)−$204,327

Labor (22%)−$149,840

Occupancy−$1,060,977

TX MB gross tax (6.7%)−$45,633

Utilities / ins / mktg (12%)−$81,731

Card surcharge net+$7,492

Net profit $-853,926

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 Nema Beverage Corporation looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $-689,365/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 (~$-689,365 net) estimated

Revenue multiple

$341k–$545k

0.5–0.8× gross

SDE multiple

$-1,723k–$-2,413k

2.5–3.5× earnings

Cap rate

$-2,089k–$-2,757k

25–33%

Suggested range

$341k–$-2,413k

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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $1,513,533–$2,724,360/yr in total revenue (your liquor portion of $681,090 is roughly 25–45% 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

$1,514k–$2,724k

food + liquor + service

Estimated net (10–15%)

$151k–$409k

restaurant margin

Full-business value

$416k–$1,498k

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

2 cases on file · 1 currently open · public records

2 federal cases

1 currently open

2 bankruptcy

Most recent filing

NEMA Beverage Corporation <b><font color="red">Jointly Administered under 26-90103.</font></b>

TXSB · 2026-01-13 · OPEN

Public records, last checked 2026-06-01

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