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Financials

RM1067244
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El Vecino

718 N BUCKNER BLVD STE 108, Dallas, TX 75218 · TABC RM1067244

Mixed Beverage Dallas Market Enriched 2026-09-08
$1,099,954 Annual gross (L12M) ▲ 17.1% latest MoM Click for monthly detail
$91,663 Avg monthly ▲ 14.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $246,390/yr est. net Click for cost model
$616k–$862k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,157,846 – $1,374,942/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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El Vecino is a mixed-beverage licensed establishment at 718 N BUCKNER BLVD STE 108, Dallas, Texas (TABC RM1067244). Over the most recent 12 months it reported $1,099,954 in gross alcohol sales, averaging $91,663/month with a best month of $108,500. Sales mix: ~87% liquor · 10% beer · 4% wine. The building at this address is owned by FREEDOM LHV LLC (21,763 sqft, $7,550,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $246,390 (~22% margin). Acquisition value is estimated at $616k–$862k 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
$1,099,954
Avg monthly
$91,663
Best month
$108,500
Apr 2026
Sales mix
87% Liq
10% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00539100000010000
Property owner (landlord)FREEDOM LHV LLC
Total building SF whole parcel — El Vecino is in STE 10821,763
El Vecino's footprint estimated — suite-level not on file 5,000 sf
Assessed value$7,550,000

El Vecino's share

Est. base rent ~$27/sqft/yr · 5,000 sqft · Class A $11,251/mo
NNN CAM / insurance$1,688/mo
NNN property tax$3,469/mo
Personal property tax own fixtures · Prop 99180816150000000 $91/mo
Total occupancy $16,499/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 $1,099,954 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,099,954
COGS (24%)−$263,989
Labor (14%)−$153,994
Occupancy−$178,193
TX MB gross tax (6.7%)−$73,697
Utilities / ins / mktg (8%)−$87,996
Card surcharge net+$12,099
Net profit $354,185
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,099,954
COGS (27%)−$296,988
Labor (17%)−$186,992
Occupancy−$197,992
TX MB gross tax (6.7%)−$73,697
Utilities / ins / mktg (10%)−$109,995
Card surcharge net+$12,099
Net profit $246,390
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,099,954
COGS (30%)−$329,986
Labor (22%)−$241,990
Occupancy−$217,791
TX MB gross tax (6.7%)−$73,697
Utilities / ins / mktg (12%)−$131,994
Card surcharge net+$12,099
Net profit $116,595
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 Lago Blanco LP looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $246,390/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 (~$246,390 net) estimated

Revenue multiple
$550k–$880k
0.5–0.8× gross
SDE multiple
$616k–$862k
2.5–3.5× earnings
Cap rate
$747k–$986k
25–33%
Suggested range
$616k–$862k
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 2026-06-17

Lookup pending — check back tomorrow

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