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Financials

MB665762
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Candleroom

5039 WILLIS AVE STE A, Dallas, TX 75206 · TABC MB665762

Mixed Beverage Dallas Market Enriched 2026-07-09
$512,180 Annual gross (L12M) ▼ 22.4% latest MoM Click for monthly detail
$42,682 Avg monthly ▼ 5.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $114,728/yr est. net Click for cost model
$287k–$402k Est. acquisition range 0.67× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $512,180 – $569,089/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

Candleroom is a mixed-beverage licensed establishment at 5039 WILLIS AVE STE A, Dallas, Texas (TABC MB665762). Over the most recent 12 months it reported $512,180 in gross alcohol sales, averaging $42,682/month with a best month of $68,741. Sales mix: ~79% liquor · 16% beer · 5% wine. The building at this address is owned by HENDERSON GRAND OWNER DALLAS LLC (16,091 sqft, $4,007,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $114,728 (~22% margin). Acquisition value is estimated at $287k–$402k 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
$512,180
Avg monthly
$42,682
Best month
$68,741
Jun 2025
Sales mix
79% Liq
16% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID001971000901A0000
Property owner (landlord)HENDERSON GRAND OWNER DALLAS LLC
Total building SF whole parcel — Candleroom is in STE A16,091
Candleroom's footprint estimated — suite-level not on file 3,500 sf
Assessed value$4,007,000

Candleroom's share

Est. base rent ~$16/sqft/yr · 3,500 sqft · Class A $4,753/mo
NNN CAM / insurance$713/mo
NNN property tax$1,743/mo
Personal property tax own fixtures · Prop 99170112100000000 $473/mo
Total occupancy $7,683/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $512,180 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$512,180
COGS (24%)−$122,923
Labor (14%)−$71,705
Occupancy−$82,973
TX MB gross tax (6.7%)−$34,316
Utilities / ins / mktg (8%)−$40,974
Card surcharge net+$5,634
Net profit $164,922
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$512,180
COGS (27%)−$138,289
Labor (17%)−$87,071
Occupancy−$92,192
TX MB gross tax (6.7%)−$34,316
Utilities / ins / mktg (10%)−$51,218
Card surcharge net+$5,634
Net profit $114,728
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$512,180
COGS (30%)−$153,654
Labor (22%)−$112,680
Occupancy−$101,412
TX MB gross tax (6.7%)−$34,316
Utilities / ins / mktg (12%)−$61,462
Card surcharge net+$5,634
Net profit $54,291
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 Wick Entertainment LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $114,728/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 (~$114,728 net) estimated

Revenue multiple
$256k–$410k
0.5–0.8× gross
SDE multiple
$287k–$402k
2.5–3.5× earnings
Cap rate
$348k–$459k
25–33%
Suggested range
$287k–$402k
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 2026-09-25

Lookup pending — check back tomorrow

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