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Financials

N 894452
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Sharky's

17453 PRESTON RD, Dallas, TX 75252 · TABC N 894452

Mixed Beverage Dallas Market Enriched 2026-07-09
$839,639 Annual gross (L12M) ▲ 5.3% latest MoM Click for monthly detail
$69,970 Avg monthly ▲ 9.1% latest vs avg Click for monthly detail
~36% Est. net margin (likely) $301,730/yr est. net Click for cost model
$754k–$840k 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): $1,199,484 – $1,679,278/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

Sharky's is a mixed-beverage licensed establishment at 17453 PRESTON RD, Dallas, Texas (TABC N 894452). Over the most recent 12 months it reported $839,639 in gross alcohol sales, averaging $69,970/month with a best month of $81,998. Sales mix: ~59% liquor · 38% beer · 2% wine. The building at this address is owned by 17950 PRESTON OWNER LLC (317,164 sqft, $26,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $301,730 (~36% margin). Acquisition value is estimated at $754k–$840k 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
$839,639
Avg monthly
$69,970
Best month
$81,998
Dec 2025
Sales mix
59% Liq
38% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1812765
Property owner (landlord)17950 PRESTON OWNER LLC
Total building SF317,164
Assessed value$26,000,000

Sharky's's share

Est. base rent ~$7/sqft/yr · 3,500 sqft · Class C $2,152/mo
NNN CAM / insurance$323/mo
NNN property tax$502/mo
Personal property tax est — no BPP record $147/mo
Total occupancy $3,124/mo

Occupancy analysis

All-in occupancy cost is 4.5% 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 $839,639 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~44%
Revenue$839,639
COGS (24%)−$201,513
Labor (14%)−$117,549
Occupancy−$33,736
TX MB gross tax (6.7%)−$56,256
Utilities / ins / mktg (8%)−$67,171
Card surcharge net+$9,236
Net profit $372,649
Most Likely
Typical bar, light food program, full two-shift staffing
~36%
Revenue$839,639
COGS (27%)−$226,703
Labor (17%)−$142,739
Occupancy−$37,485
TX MB gross tax (6.7%)−$56,256
Utilities / ins / mktg (10%)−$83,964
Card surcharge net+$9,236
Net profit $301,730
Stressed
Heavy food, larger crew, higher rent
~25%
Revenue$839,639
COGS (30%)−$251,892
Labor (22%)−$184,721
Occupancy−$41,233
TX MB gross tax (6.7%)−$56,256
Utilities / ins / mktg (12%)−$100,757
Card surcharge net+$9,236
Net profit $214,017
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 Land Shark Club INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $301,730/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 (~$301,730 net) estimated

Revenue multiple
$420k–$672k
0.5–0.8× gross
SDE multiple
$754k–$1.06M
2.5–3.5× earnings
Cap rate
$914k–$1.21M
25–33%
Suggested range
$754k–$840k
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

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