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Financials

RM1107503
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Atlas

408 N BISHOP AVE STE 101, Dallas, TX 75208 · TABC RM1107503

Mixed Beverage Dallas Market Enriched 2026-08-29
$2,794,718 Annual gross (L12M) ▼ 41.6% latest MoM Click for monthly detail
$232,893 Avg monthly ▼ 41.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $795,422/yr est. net Click for cost model
$1,989k–$2,784k Est. acquisition range 0.85× 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): $2,941,808 – $3,287,904/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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Atlas is a mixed-beverage licensed establishment at 408 N BISHOP AVE STE 101, Dallas, Texas (TABC RM1107503). Over the most recent 12 months it reported $2,794,718 in gross alcohol sales, averaging $232,893/month with a best month of $280,807. Sales mix: ~91% liquor · 7% beer · 1% wine. The building at this address is owned by BISHOP STREET PARTNERS JV (11,331 sqft, $3,200,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $795,422 (~28% margin). Acquisition value is estimated at $1,989k–$2,784k 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
$2,794,718
Avg monthly
$232,893
Best month
$280,807
Dec 2025
Sales mix
91% Liq
7% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000254731000000
Property owner (landlord)BISHOP STREET PARTNERS JV
Total building SF whole parcel — Atlas is in STE 10111,331
Atlas's footprint estimated — suite-level not on file 7,500 sf
Assessed value$3,200,000

Atlas's share

Est. base rent ~$34/sqft/yr · 7,500 sqft · Class A $21,181/mo
NNN CAM / insurance$3,177/mo
NNN property tax$3,200/mo
Personal property tax own fixtures · Prop 99220107800000000 $246/mo
Total occupancy $27,804/mo

Occupancy analysis

All-in occupancy cost is 11.9% 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 $2,794,718 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$2,794,718
COGS (24%)−$670,732
Labor (14%)−$391,261
Occupancy−$300,280
TX MB gross tax (6.7%)−$187,246
Utilities / ins / mktg (8%)−$223,577
Card surcharge net+$30,742
Net profit $1,052,364
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$2,794,718
COGS (27%)−$754,574
Labor (17%)−$475,102
Occupancy−$333,644
TX MB gross tax (6.7%)−$187,246
Utilities / ins / mktg (10%)−$279,472
Card surcharge net+$30,742
Net profit $795,422
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$2,794,718
COGS (30%)−$838,415
Labor (22%)−$614,838
Occupancy−$367,009
TX MB gross tax (6.7%)−$187,246
Utilities / ins / mktg (12%)−$335,366
Card surcharge net+$30,742
Net profit $482,585
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 Atlas Dallas LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $795,422/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 (~$795,422 net) estimated

Revenue multiple
$1.40M–$2.24M
0.5–0.8× gross
SDE multiple
$1.99M–$2.78M
2.5–3.5× earnings
Cap rate
$2.41M–$3.18M
25–33%
Suggested range
$1,989k–$2,784k
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 2026-05-27

Lookup pending — check back tomorrow

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