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Financials

N 809442
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Far West

400 S BUCKNER BLVD, Dallas, TX 75217 · TABC N 809442

Mixed Beverage Dallas Market Enriched 2026-07-12
$1,443,423 Annual gross (L12M) ▲ 153.8% latest MoM Click for monthly detail
$120,285 Avg monthly ▲ 103.9% latest vs avg Click for monthly detail
~29% Est. net margin (likely) $413,014/yr est. net Click for cost model
$1,033k–$1,443k Est. acquisition range 0.86× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,519,393 – $1,804,279/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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Far West is a mixed-beverage licensed establishment at 400 S BUCKNER BLVD, Dallas, Texas (TABC N 809442). Over the most recent 12 months it reported $1,443,423 in gross alcohol sales, averaging $120,285/month with a best month of $245,288. Sales mix: ~33% liquor · 67% beer · 0% wine. The building at this address is owned by DHFC BUCKNER STATION (49,566 sqft, $10,239,980 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $413,014 (~29% margin). Acquisition value is estimated at $1,033k–$1,443k 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
$1,443,423
Avg monthly
$120,285
Best month
$245,288
May 2026
Sales mix
33% Liq
67% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID006270000A0010100
Property owner (landlord)DHFC BUCKNER STATION
Total building SF49,566
Assessed value$10,239,980

Far West's share

Est. base rent ~$25/sqft/yr · 5,000 sqft · Class A $10,330/mo
NNN CAM / insurance$1,549/mo
NNN property tax$2,066/mo
Personal property tax own fixtures · Prop 99982160000011550 $232/mo
Total occupancy $14,177/mo

Occupancy analysis

All-in occupancy cost is 11.8% 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 $1,443,423 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$1,443,423
COGS (24%)−$346,422
Labor (14%)−$202,079
Occupancy−$153,116
TX MB gross tax (6.7%)−$96,709
Utilities / ins / mktg (8%)−$115,474
Card surcharge net+$15,878
Net profit $545,500
Most Likely
Typical bar, light food program, full two-shift staffing
~29%
Revenue$1,443,423
COGS (27%)−$389,724
Labor (17%)−$245,382
Occupancy−$170,129
TX MB gross tax (6.7%)−$96,709
Utilities / ins / mktg (10%)−$144,342
Card surcharge net+$15,878
Net profit $413,014
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,443,423
COGS (30%)−$433,027
Labor (22%)−$317,553
Occupancy−$187,142
TX MB gross tax (6.7%)−$96,709
Utilities / ins / mktg (12%)−$173,211
Card surcharge net+$15,878
Net profit $251,658
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 El Volcan Social Club INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $413,014/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 (~$413,014 net) estimated

Revenue multiple
$722k–$1.15M
0.5–0.8× gross
SDE multiple
$1.03M–$1.45M
2.5–3.5× earnings
Cap rate
$1.25M–$1.65M
25–33%
Suggested range
$1,033k–$1,443k
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

3 cases on file · public records

3 federal cases
1 contract
As defendant in 3 cases
Most recent filing
Universal Music-Z Tunes LLC v. El Volcan Social Club Inc
TXND · 2017-11-08 · CLOSED
Public records, last checked 2026-06-11