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RM940187
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Kelly's Beverages

190 E STACY RD STE 1204, Allen, TX 75002 · TABC RM940187

Mixed Beverage Allen Market Enriched 2026-09-13
$1,609,688 Annual gross (L12M) ▼ 100.0% latest MoM Click for monthly detail
$146,335 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $452,564/yr est. net Click for cost model
$1,131k–$1,584k Est. acquisition range 0.84× 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 Wine Bar, liquor is typically only 80–95% of total business revenue. Wine + spirits dominant. Estimated total revenue (rough): $1,694,408 – $2,012,110/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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Kelly's Beverages is a mixed-beverage licensed establishment at 190 E STACY RD STE 1204, Allen, Texas (TABC RM940187). Over the most recent 12 months it reported $1,609,688 in gross alcohol sales, averaging $146,335/month with a best month of $174,291. Sales mix: ~54% liquor · 39% beer · 7% wine. The building at this address is owned by SVAP IV VILLAGE AT ALLEN LLC (30,064 sqft, $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $452,564 (~28% margin). Acquisition value is estimated at $1,131k–$1,584k 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
$1,609,688
Avg monthly
$146,335
Best month
$174,291
May 2025
Sales mix
54% Liq
39% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2656772
Property owner (landlord)SVAP IV VILLAGE AT ALLEN LLC
Total building SF whole parcel — Kelly's Beverages is in STE 120430,064
Kelly's Beverages's footprint estimated — suite-level not on file 5,000 sf
Assessed value$0

Kelly's Beverages's share

Est. base rent ~$34/sqft/yr · 5,000 sqft $14,085/mo
NNN CAM / insurance$2,113/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $282/mo
Total occupancy $16,479/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $1,609,688 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,609,688
COGS (24%)−$386,325
Labor (14%)−$225,356
Occupancy−$177,975
TX MB gross tax (6.7%)−$107,849
Utilities / ins / mktg (8%)−$128,775
Card surcharge net+$17,707
Net profit $601,114
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,609,688
COGS (27%)−$434,616
Labor (17%)−$273,647
Occupancy−$197,750
TX MB gross tax (6.7%)−$107,849
Utilities / ins / mktg (10%)−$160,969
Card surcharge net+$17,707
Net profit $452,564
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,609,688
COGS (30%)−$482,906
Labor (22%)−$354,131
Occupancy−$217,525
TX MB gross tax (6.7%)−$107,849
Utilities / ins / mktg (12%)−$193,163
Card surcharge net+$17,707
Net profit $271,820
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 Kelly's Craft Allen LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $452,564/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 (~$452,564 net) estimated

Revenue multiple
$805k–$1.29M
0.5–0.8× gross
SDE multiple
$1.13M–$1.58M
2.5–3.5× earnings
Cap rate
$1.37M–$1.81M
25–33%
Suggested range
$1,131k–$1,584k
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 2026-05-28

Lookup pending — check back tomorrow

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