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Financials

RM989647
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Union Bear

5880 STATE HIGHWAY 121 STE 101, Plano, TX 75024 · TABC RM989647

Mixed Beverage Plano Market Enriched 2026-07-10
$2,966,489 Annual gross (L12M) ▲ 10.9% latest MoM Click for monthly detail
$247,207 Avg monthly ▲ 15.5% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $596,362/yr est. net Click for cost model
$1,491k–$2,087k Est. acquisition range 0.60× 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 Brewery, liquor is typically only 80–95% of total business revenue. Beer-led; some food. Estimated total revenue (rough): $3,122,620 – $3,708,111/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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Union Bear is a mixed-beverage licensed establishment at 5880 STATE HIGHWAY 121 STE 101, Plano, Texas (TABC RM989647). Over the most recent 12 months it reported $2,966,489 in gross alcohol sales, averaging $247,207/month with a best month of $285,611. Sales mix: ~54% liquor · 37% beer · 9% wine. The building at this address is owned by GPI BOARDWALK LP (29,995 sqft, $14,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $596,362 (~20% margin). Acquisition value is estimated at $1,491k–$2,087k 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
$2,966,489
Avg monthly
$247,207
Best month
$285,611
May 2026
Sales mix
54% Liq
37% Beer · 9% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2615456
Property owner (landlord)GPI BOARDWALK LP
Total building SF whole parcel — Union Bear is in STE 10129,995
Union Bear's footprint estimated — suite-level not on file 7,500 sf
Assessed value$14,000,000

Union Bear's share

Est. base rent ~$61/sqft/yr · 7,500 sqft · Class A $37,923/mo
NNN CAM / insurance$5,688/mo
NNN property tax$6,126/mo
Personal property tax est — no BPP record $438/mo
Total occupancy $50,175/mo

Occupancy analysis

All-in occupancy cost is 20.3% 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 $2,966,489 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$2,966,489
COGS (24%)−$711,957
Labor (14%)−$415,308
Occupancy−$541,890
TX MB gross tax (6.7%)−$198,755
Utilities / ins / mktg (8%)−$237,319
Card surcharge net+$32,631
Net profit $893,891
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$2,966,489
COGS (27%)−$800,952
Labor (17%)−$504,303
Occupancy−$602,099
TX MB gross tax (6.7%)−$198,755
Utilities / ins / mktg (10%)−$296,649
Card surcharge net+$32,631
Net profit $596,362
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$2,966,489
COGS (30%)−$889,947
Labor (22%)−$652,628
Occupancy−$662,309
TX MB gross tax (6.7%)−$198,755
Utilities / ins / mktg (12%)−$355,979
Card surcharge net+$32,631
Net profit $239,503
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 Ub33 LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $596,362/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 (~$596,362 net) estimated

Revenue multiple
$1.48M–$2.37M
0.5–0.8× gross
SDE multiple
$1.49M–$2.09M
2.5–3.5× earnings
Cap rate
$1.81M–$2.39M
25–33%
Suggested range
$1,491k–$2,087k
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 2026-05-27

Lookup pending — check back tomorrow

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