← Chimichurri Argentinian Bar & Bistro /

Financials

RM1089686
Dashboard › Chimichurri Argentinian Bar & Bistro › Financial Intelligence

Chimichurri Argentinian Bar & Bistro

324 W 7TH ST, Dallas, TX 75208 · TABC RM1089686

Mixed Beverage Dallas Market Enriched 2026-07-11
$323,965 Annual gross (L12M) ▼ 100.0% latest MoM Click for monthly detail
$29,451 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $72,568/yr est. net Click for cost model
$181k–$254k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $719,922 – $1,295,860/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Chimichurri Argentinian Bar & Bistro My bars

Executive Summary

Click to expand full narrative

Chimichurri Argentinian Bar & Bistro is a mixed-beverage licensed establishment at 324 W 7TH ST, Dallas, Texas (TABC RM1089686). Over the most recent 12 months it reported $323,965 in gross alcohol sales, averaging $29,451/month with a best month of $45,519. Sales mix: ~92% liquor · 6% beer · 2% wine. The building at this address is owned by HISPANIC SERV UNLTD INC (14,889 sqft, $3,680,030 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $72,568 (~22% margin). Acquisition value is estimated at $181k–$254k 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
$323,965
Avg monthly
$29,451
Best month
$45,519
Apr 2026
Sales mix
92% Liq
6% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID003137001106A0000
Property owner (landlord)HISPANIC SERV UNLTD INC
Total building SF14,889
Assessed value$3,680,030

Chimichurri Argentinian Bar & Bistro's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class A $2,684/mo
NNN CAM / insurance$403/mo
NNN property tax$1,236/mo
Personal property tax own fixtures · Prop 99220111140000000 $538/mo
Total occupancy $4,859/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 $323,965 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$323,965
COGS (24%)−$77,752
Labor (14%)−$45,355
Occupancy−$52,482
TX MB gross tax (6.7%)−$21,706
Utilities / ins / mktg (8%)−$25,917
Card surcharge net+$3,564
Net profit $104,317
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$323,965
COGS (27%)−$87,471
Labor (17%)−$55,074
Occupancy−$58,314
TX MB gross tax (6.7%)−$21,706
Utilities / ins / mktg (10%)−$32,396
Card surcharge net+$3,564
Net profit $72,568
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$323,965
COGS (30%)−$97,190
Labor (22%)−$71,272
Occupancy−$64,145
TX MB gross tax (6.7%)−$21,706
Utilities / ins / mktg (12%)−$38,876
Card surcharge net+$3,564
Net profit $34,340
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 Ojbife LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $72,568/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 (~$72,568 net) estimated

Revenue multiple
$162k–$259k
0.5–0.8× gross
SDE multiple
$181k–$254k
2.5–3.5× earnings
Cap rate
$220k–$290k
25–33%
Suggested range
$181k–$254k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $719,922–$1,295,860/yr in total revenue (your liquor portion of $323,965 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$720k–$1,296k
food + liquor + service
Estimated net (10–15%)
$72k–$194k
restaurant margin
Full-business value
$198k–$713k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-07-06

Lookup pending — check back tomorrow

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