← Longshots! /

Financials

MB941283
Dashboard › Longshots! › Financial Intelligence

Longshots!

2709 MCKINNEY AVE STE 150, Dallas, TX 75204 · TABC MB941283

Mixed Beverage Dallas Market Enriched 2026-06-19
$805,541 Annual gross (L12M) ▼ 16.2% latest MoM Click for monthly detail
$67,128 Avg monthly ▼ 13.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $180,441/yr est. net Click for cost model
$451k–$632k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $847,938 – $947,695/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Longshots! My bars

Executive Summary

Click to expand full narrative

Longshots! is a mixed-beverage licensed establishment at 2709 MCKINNEY AVE STE 150, Dallas, Texas (TABC MB941283). Over the most recent 12 months it reported $805,541 in gross alcohol sales, averaging $67,128/month with a best month of $90,419. Sales mix: ~92% liquor · 8% beer · 1% wine. The building at this address is owned by MCKINNEY AVENUE PARTNERS LTD (18,030 sqft, $9,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $180,441 (~22% margin). Acquisition value is estimated at $451k–$632k 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
$805,541
Avg monthly
$67,128
Best month
$90,419
May 2025
Sales mix
92% Liq
8% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000135565000000
Property owner (landlord)MCKINNEY AVENUE PARTNERS LTD
Total building SF whole parcel — Longshots! is in STE 15018,030
Longshots!'s footprint estimated — suite-level not on file 3,500 sf
Assessed value$9,000,000

Longshots!'s share

Est. base rent ~$24/sqft/yr · 3,500 sqft · Class A $6,981/mo
NNN CAM / insurance$1,047/mo
NNN property tax$3,494/mo
Personal property tax own fixtures · Prop 99200001000008250 $561/mo
Total occupancy $12,083/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 $805,541 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$805,541
COGS (24%)−$193,330
Labor (14%)−$112,776
Occupancy−$130,498
TX MB gross tax (6.7%)−$53,971
Utilities / ins / mktg (8%)−$64,443
Card surcharge net+$8,861
Net profit $259,384
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$805,541
COGS (27%)−$217,496
Labor (17%)−$136,942
Occupancy−$144,997
TX MB gross tax (6.7%)−$53,971
Utilities / ins / mktg (10%)−$80,554
Card surcharge net+$8,861
Net profit $180,441
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$805,541
COGS (30%)−$241,662
Labor (22%)−$177,219
Occupancy−$159,497
TX MB gross tax (6.7%)−$53,971
Utilities / ins / mktg (12%)−$96,665
Card surcharge net+$8,861
Net profit $85,387
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 Ain LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $180,441/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 (~$180,441 net) estimated

Revenue multiple
$403k–$644k
0.5–0.8× gross
SDE multiple
$451k–$632k
2.5–3.5× earnings
Cap rate
$547k–$722k
25–33%
Suggested range
$451k–$632k
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 2026-07-01

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.