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Financials

RM740084
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Cheddars Casual Cafe

1320 N PEACHTREE RD, Mesquite, TX 75149 · TABC RM740084

Mixed Beverage Mesquite Market Enriched 2026-07-12
$484,469 Annual gross (L12M) ▲ 26.6% latest MoM Click for monthly detail
$40,372 Avg monthly ▲ 24.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $108,521/yr est. net Click for cost model
$271k–$380k 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): $1,076,598 – $1,937,876/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

Cheddars Casual Cafe is a mixed-beverage licensed establishment at 1320 N PEACHTREE RD, Mesquite, Texas (TABC RM740084). Over the most recent 12 months it reported $484,469 in gross alcohol sales, averaging $40,372/month with a best month of $55,622. Sales mix: ~89% liquor · 9% beer · 2% wine. The building at this address is owned by CJC 18 1 LLC (9,852 sqft, $2,575,370 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $108,521 (~22% margin). Acquisition value is estimated at $271k–$380k 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
$484,469
Avg monthly
$40,372
Best month
$55,622
Mar 2026
Sales mix
89% Liq
9% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID381431000A04R0000
Property owner (landlord)CJC 18 1 LLC
Total building SF9,852
Assessed value$2,575,370

Cheddars Casual Cafe's share

Est. base rent ~$21/sqft/yr · 2,500 sqft · Class A $4,461/mo
NNN CAM / insurance$669/mo
NNN property tax$1,307/mo
Personal property tax own fixtures · Prop 99110428200000000 $830/mo
Total occupancy $7,267/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 $484,469 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$484,469
COGS (24%)−$116,273
Labor (14%)−$67,826
Occupancy−$78,484
TX MB gross tax (6.7%)−$32,459
Utilities / ins / mktg (8%)−$38,758
Card surcharge net+$5,329
Net profit $155,999
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$484,469
COGS (27%)−$130,807
Labor (17%)−$82,360
Occupancy−$87,204
TX MB gross tax (6.7%)−$32,459
Utilities / ins / mktg (10%)−$48,447
Card surcharge net+$5,329
Net profit $108,521
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$484,469
COGS (30%)−$145,341
Labor (22%)−$106,583
Occupancy−$95,925
TX MB gross tax (6.7%)−$32,459
Utilities / ins / mktg (12%)−$58,136
Card surcharge net+$5,329
Net profit $51,354
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 Cheddar's Casual Cafe INC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $108,521/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 (~$108,521 net) estimated

Revenue multiple
$242k–$388k
0.5–0.8× gross
SDE multiple
$271k–$380k
2.5–3.5× earnings
Cap rate
$329k–$434k
25–33%
Suggested range
$271k–$380k
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 $1,076,598–$1,937,876/yr in total revenue (your liquor portion of $484,469 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
$1,077k–$1,938k
food + liquor + service
Estimated net (10–15%)
$108k–$291k
restaurant margin
Full-business value
$296k–$1,066k
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 2026-09-22

No federal lawsuits — past or pending