← The Connected Cactus /

Financials

RM974354
Dashboard › The Connected Cactus › Financial Intelligence

The Connected Cactus

1981 N CENTRAL EXPY, Richardson, TX 75080 · TABC RM974354

Mixed Beverage Richardson Market Enriched 2026-08-10
$150,633 Annual gross (L12M) ▲ 9.7% latest MoM Click for monthly detail
$12,553 Avg monthly ▲ 2.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $33,742/yr est. net Click for cost model
$84k–$118k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $150,633 – $167,370/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to The Connected Cactus My bars

Executive Summary

Click to expand full narrative

The Connected Cactus is a mixed-beverage licensed establishment at 1981 N CENTRAL EXPY, Richardson, Texas (TABC RM974354). Over the most recent 12 months it reported $150,633 in gross alcohol sales, averaging $12,553/month with a best month of $21,608. Sales mix: ~59% liquor · 27% beer · 14% wine. The building at this address is owned by POPE KATHERINE V DR (7,691 sqft, $2,150,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $33,742 (~22% margin). Acquisition value is estimated at $84k–$118k 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
$150,633
Avg monthly
$12,553
Best month
$21,608
Jul 2025
Sales mix
59% Liq
27% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID421308500101A0000
Property owner (landlord)POPE KATHERINE V DR
Total building SF7,691
Assessed value$2,150,000

The Connected Cactus's share

Est. base rent ~$1/sqft/yr · 2,500 sqft · Class A $133/mo
NNN CAM / insurance$20/mo
NNN property tax$1,398/mo
Personal property tax own fixtures · Prop 99060112440000000 $709/mo
Total occupancy $2,259/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 $150,633 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$150,633
COGS (24%)−$36,152
Labor (14%)−$21,089
Occupancy−$24,403
TX MB gross tax (6.7%)−$10,092
Utilities / ins / mktg (8%)−$12,051
Card surcharge net+$1,657
Net profit $48,504
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$150,633
COGS (27%)−$40,671
Labor (17%)−$25,608
Occupancy−$27,114
TX MB gross tax (6.7%)−$10,092
Utilities / ins / mktg (10%)−$15,063
Card surcharge net+$1,657
Net profit $33,742
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$150,633
COGS (30%)−$45,190
Labor (22%)−$33,139
Occupancy−$29,825
TX MB gross tax (6.7%)−$10,092
Utilities / ins / mktg (12%)−$18,076
Card surcharge net+$1,657
Net profit $15,967
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 Dthrc LLC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $33,742/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 (~$33,742 net) estimated

Revenue multiple
$75k–$121k
0.5–0.8× gross
SDE multiple
$84k–$118k
2.5–3.5× earnings
Cap rate
$102k–$135k
25–33%
Suggested range
$84k–$118k
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 2026-07-02

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.