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Financials

MB918752
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Happiest Hour

2616 OLIVE ST, Dallas, TX 75201 · TABC MB918752

Mixed Beverage Dallas Market Enriched 2026-05-24
$4,981,367 Annual gross (L12M) ▲ 22.9% latest MoM Click for monthly detail
$415,114 Avg monthly ▲ 2.5% latest vs avg Click for monthly detail
~36% Est. net margin (likely) $1,812,106/yr est. net Click for cost model
$4,530k–$4,981k Est. acquisition range 0.95× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $7,116,239 – $9,962,734/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Happiest Hour is a mixed-beverage licensed establishment at 2616 OLIVE ST, Dallas, Texas (TABC MB918752). Over the most recent 12 months it reported $4,981,367 in gross alcohol sales, averaging $415,114/month with a best month of $662,828. Sales mix: ~69% liquor · 28% beer · 4% wine. The building at this address is owned by COUSINS 2601 OLIVE LLC (1,184,711 sqft, $218,454,500 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,812,106 (~36% margin). Acquisition value is estimated at $4,530k–$4,981k 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
$4,981,367
Avg monthly
$415,114
Best month
$662,828
Oct 2025
Sales mix
69% Liq
28% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID000360000201A0000
Property owner (landlord)COUSINS 2601 OLIVE LLC
Total building SF1,184,711
Assessed value$218,454,500

Happiest Hour's share

Est. base rent ~$18/sqft/yr · 7,500 sqft · Class B $11,525/mo
NNN CAM / insurance$1,729/mo
NNN property tax$2,766/mo
Personal property tax own fixtures · Prop 99151217610000000 $678/mo
Total occupancy $16,697/mo

Occupancy analysis

All-in occupancy cost is 4.0% 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 $4,981,367 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$4,981,367
COGS (24%)−$1,195,528
Labor (14%)−$697,391
Occupancy−$180,330
TX MB gross tax (6.7%)−$333,752
Utilities / ins / mktg (8%)−$398,509
Card surcharge net+$54,795
Net profit $2,230,652
Most Likely
Typical bar, light food program, full two-shift staffing
~36%
Revenue$4,981,367
COGS (27%)−$1,344,969
Labor (17%)−$846,832
Occupancy−$200,366
TX MB gross tax (6.7%)−$333,752
Utilities / ins / mktg (10%)−$498,137
Card surcharge net+$54,795
Net profit $1,812,106
Stressed
Heavy food, larger crew, higher rent
~26%
Revenue$4,981,367
COGS (30%)−$1,494,410
Labor (22%)−$1,095,901
Occupancy−$220,403
TX MB gross tax (6.7%)−$333,752
Utilities / ins / mktg (12%)−$597,764
Card surcharge net+$54,795
Net profit $1,293,933
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 Happiest Hour LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,812,106/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 (~$1,812,106 net) estimated

Revenue multiple
$2.49M–$3.99M
0.5–0.8× gross
SDE multiple
$4.53M–$6.34M
2.5–3.5× earnings
Cap rate
$5.49M–$7.25M
25–33%
Suggested range
$4,530k–$4,981k
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 2026-05-25

Lookup pending — check back tomorrow

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