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Financials

MB200078796
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Chapel At Riverwalk

4040 RIVER WALK DR, Flower Mound, TX 75028 · TABC MB200078796

Mixed Beverage Flower Mound Market Enriched 2026-07-10
$242,863 Annual gross (L12M) ▲ 58.8% latest MoM Click for monthly detail
$20,239 Avg monthly ▲ 14.9% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $97,016/yr est. net Click for cost model
$243k–$243k Est. acquisition range 1.00× 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): $242,863 – $269,848/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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Chapel At Riverwalk is a mixed-beverage licensed establishment at 4040 RIVER WALK DR, Flower Mound, Texas (TABC MB200078796). Over the most recent 12 months it reported $242,863 in gross alcohol sales, averaging $20,239/month with a best month of $38,581. Sales mix: ~55% liquor · 15% beer · 30% wine. The building at this address is owned by RIVER WALK ASSOCIATION C/O ESSEX ASSOCIATION MANAGEMENT LP $10 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $97,016 (~40% margin). Acquisition value is estimated at $243k–$243k 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
$242,863
Avg monthly
$20,239
Best month
$38,581
Oct 2025
Sales mix
55% Liq
15% Beer · 30% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID744739
Property owner (landlord)RIVER WALK ASSOCIATION C/O ESSEX ASSOCIATION MANAGEMENT LP
Assessed value$10

Chapel At Riverwalk's share

Est. base rent ~$0/sqft/yr · 2,500 sqft · Class C $0/mo
NNN CAM / insurance$0/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $92/mo

Occupancy analysis

All-in occupancy cost is 0.5% 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 $242,863 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$242,863
COGS (24%)−$58,287
Labor (14%)−$34,001
Occupancy−$991
TX MB gross tax (6.7%)−$16,272
Utilities / ins / mktg (8%)−$19,429
Card surcharge net+$2,671
Net profit $116,555
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$242,863
COGS (27%)−$65,573
Labor (17%)−$41,287
Occupancy−$1,101
TX MB gross tax (6.7%)−$16,272
Utilities / ins / mktg (10%)−$24,286
Card surcharge net+$2,671
Net profit $97,016
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$242,863
COGS (30%)−$72,859
Labor (22%)−$53,430
Occupancy−$1,211
TX MB gross tax (6.7%)−$16,272
Utilities / ins / mktg (12%)−$29,144
Card surcharge net+$2,671
Net profit $72,620
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 Ksw Milestone LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $97,016/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 (~$97,016 net) estimated

Revenue multiple
$121k–$194k
0.5–0.8× gross
SDE multiple
$243k–$340k
2.5–3.5× earnings
Cap rate
$294k–$388k
25–33%
Suggested range
$243k–$243k
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 2026-05-23

Lookup pending — check back tomorrow

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