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Financials

RM973101
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Indian Creek Golf Club

1650 W FRANKFORD RD, Carrollton, TX 75007 · TABC RM973101

Mixed Beverage Carrollton Market Enriched 2026-07-10
$892,695 Annual gross (L12M) ▲ 103.1% latest MoM Click for monthly detail
$74,391 Avg monthly ▲ 70.1% latest vs avg Click for monthly detail
~24% Est. net margin (likely) $218,684/yr est. net Click for cost model
$547k–$765k Est. acquisition range 0.73× 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): $1,373,377 – $2,231,738/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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Indian Creek Golf Club is a mixed-beverage licensed establishment at 1650 W FRANKFORD RD, Carrollton, Texas (TABC RM973101). Over the most recent 12 months it reported $892,695 in gross alcohol sales, averaging $74,391/month with a best month of $126,512. Sales mix: ~55% liquor · 45% beer · 0% wine. The building at this address is owned by CARROLLTON, CITY OF $17,970,103 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $218,684 (~24% margin). Acquisition value is estimated at $547k–$765k 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
$892,695
Avg monthly
$74,391
Best month
$126,512
May 2026
Sales mix
55% Liq
45% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194816
Property owner (landlord)CARROLLTON, CITY OF
Assessed value$17,970,103

Indian Creek Golf Club's share

Est. base rent ~$30/sqft/yr · 3,500 sqft · Class A $8,750/mo
NNN CAM / insurance$1,313/mo
NNN property tax$1,604/mo
Personal property tax est — no BPP record $164/mo
Total occupancy $11,830/mo

Occupancy analysis

All-in occupancy cost is 15.9% 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 $892,695 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$892,695
COGS (24%)−$214,247
Labor (14%)−$124,977
Occupancy−$127,768
TX MB gross tax (6.7%)−$59,811
Utilities / ins / mktg (8%)−$71,416
Card surcharge net+$9,820
Net profit $304,296
Most Likely
Typical bar, light food program, full two-shift staffing
~24%
Revenue$892,695
COGS (27%)−$241,028
Labor (17%)−$151,758
Occupancy−$141,965
TX MB gross tax (6.7%)−$59,811
Utilities / ins / mktg (10%)−$89,270
Card surcharge net+$9,820
Net profit $218,684
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$892,695
COGS (30%)−$267,808
Labor (22%)−$196,393
Occupancy−$156,161
TX MB gross tax (6.7%)−$59,811
Utilities / ins / mktg (12%)−$107,123
Card surcharge net+$9,820
Net profit $115,218
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 Orion Golf Tx INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $218,684/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 (~$218,684 net) estimated

Revenue multiple
$446k–$714k
0.5–0.8× gross
SDE multiple
$547k–$765k
2.5–3.5× earnings
Cap rate
$663k–$875k
25–33%
Suggested range
$547k–$765k
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 2026-06-26

No federal lawsuits — past or pending