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Financials

MB973188
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The Original Cockpit

9454 MARSH LN, Dallas, TX 75220 · TABC MB973188

Mixed Beverage Dallas Market Enriched 2026-08-29
$452,485 Annual gross (L12M) ▲ 4.9% latest MoM Click for monthly detail
$37,707 Avg monthly ▼ 4.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $101,357/yr est. net Click for cost model
$253k–$355k 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): $476,300 – $532,335/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

The Original Cockpit is a mixed-beverage licensed establishment at 9454 MARSH LN, Dallas, Texas (TABC MB973188). Over the most recent 12 months it reported $452,485 in gross alcohol sales, averaging $37,707/month with a best month of $46,441. Sales mix: ~59% liquor · 40% beer · 1% wine. The building at this address is owned by RED BIRD I-20 CORP (2,500 sqft, $788,550 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $101,357 (~22% margin). Acquisition value is estimated at $253k–$355k 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
$452,485
Avg monthly
$37,707
Best month
$46,441
Aug 2025
Sales mix
59% Liq
40% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000359305000000
Property owner (landlord)RED BIRD I-20 CORP
Total building SF2,500
Assessed value$788,550

The Original Cockpit's share

Est. base rent ~$21/sqft/yr · 2,500 sqft · Class A $4,443/mo
NNN CAM / insurance$667/mo
NNN property tax$789/mo
Personal property tax own fixtures · Prop 99830030000062100 $889/mo
Total occupancy $6,787/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 $452,485 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$452,485
COGS (24%)−$108,596
Labor (14%)−$63,348
Occupancy−$73,303
TX MB gross tax (6.7%)−$30,316
Utilities / ins / mktg (8%)−$36,199
Card surcharge net+$4,977
Net profit $145,700
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$452,485
COGS (27%)−$122,171
Labor (17%)−$76,922
Occupancy−$81,447
TX MB gross tax (6.7%)−$30,316
Utilities / ins / mktg (10%)−$45,248
Card surcharge net+$4,977
Net profit $101,357
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$452,485
COGS (30%)−$135,746
Labor (22%)−$99,547
Occupancy−$89,592
TX MB gross tax (6.7%)−$30,316
Utilities / ins / mktg (12%)−$54,298
Card surcharge net+$4,977
Net profit $47,963
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 The Original Cockpit Corporation looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $101,357/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 (~$101,357 net) estimated

Revenue multiple
$226k–$362k
0.5–0.8× gross
SDE multiple
$253k–$355k
2.5–3.5× earnings
Cap rate
$307k–$405k
25–33%
Suggested range
$253k–$355k
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 2026-06-27

Lookup pending — check back tomorrow

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