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RM690683
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Thorntree Country Club

825 W WINTERGREEN RD, Desoto, TX 75115 · TABC RM690683

Mixed Beverage Desoto Market Enriched 2026-07-10
$234,222 Annual gross (L12M) ▲ 25.8% latest MoM Click for monthly detail
$19,518 Avg monthly ▲ 35.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $52,466/yr est. net Click for cost model
$131k–$184k 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 Private Club, liquor is typically only 40–65% of total business revenue. Mixed — depends on dining vs bar focus. Estimated total revenue (rough): $360,342 – $585,555/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

Thorntree Country Club is a mixed-beverage licensed establishment at 825 W WINTERGREEN RD, Desoto, Texas (TABC RM690683). Over the most recent 12 months it reported $234,222 in gross alcohol sales, averaging $19,518/month with a best month of $26,566. Sales mix: ~53% liquor · 41% beer · 6% wine. The building at this address is owned by DESOTO CITY OF $1,198,160 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $52,466 (~22% margin). Acquisition value is estimated at $131k–$184k 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
$234,222
Avg monthly
$19,518
Best month
$26,566
Jun 2025
Sales mix
53% Liq
41% Beer · 6% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID65001110010080300
Property owner (landlord)DESOTO CITY OF
Assessed value$1,198,160

Thorntree Country Club's share

Est. base rent ~$9/sqft/yr · 2,500 sqft · Class A $1,926/mo
NNN CAM / insurance$289/mo
NNN property tax$1,198/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,513/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 $234,222 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$234,222
COGS (24%)−$56,213
Labor (14%)−$32,791
Occupancy−$37,944
TX MB gross tax (6.7%)−$15,693
Utilities / ins / mktg (8%)−$18,738
Card surcharge net+$2,576
Net profit $75,419
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$234,222
COGS (27%)−$63,240
Labor (17%)−$39,818
Occupancy−$42,160
TX MB gross tax (6.7%)−$15,693
Utilities / ins / mktg (10%)−$23,422
Card surcharge net+$2,576
Net profit $52,466
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$234,222
COGS (30%)−$70,267
Labor (22%)−$51,529
Occupancy−$46,376
TX MB gross tax (6.7%)−$15,693
Utilities / ins / mktg (12%)−$28,107
Card surcharge net+$2,576
Net profit $24,828
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 Cgp Bevco Holdings LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $52,466/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 (~$52,466 net) estimated

Revenue multiple
$117k–$187k
0.5–0.8× gross
SDE multiple
$131k–$184k
2.5–3.5× earnings
Cap rate
$159k–$210k
25–33%
Suggested range
$131k–$184k
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 2026-07-07

No federal lawsuits — past or pending