2333 S INTERNATIONAL PKWY, Grapevine, TX 75261 · TABC MB609843
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Applebee's is a mixed-beverage licensed establishment at 2333 S INTERNATIONAL PKWY, Grapevine, Texas (TABC MB609843). Over the most recent 12 months it reported $1,244,619 in gross alcohol sales, averaging $103,718/month with a best month of $117,144. Sales mix: ~42% liquor · 45% beer · 13% wine. The building at this address is owned by XPRESSPA DFW TERMINAL A LLC $604,421 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $423,078 (~34% margin). Acquisition value is estimated at $1,058k–$1,245k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Applebee's's share
All-in occupancy cost is 6.4% 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.
Texas bar cost model applied to $1,244,619 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$423,078 net) estimated
We estimate this restaurant / bar pulls $2,765,820–$4,978,476/yr in total revenue (your liquor portion of $1,244,619 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).
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.
1 case on file · public records
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