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RM570567
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Chili's

2624 N JOSEY LN, Carrollton, TX 75007 · TABC RM570567

Mixed Beverage Carrollton Market Enriched 2026-07-10
$436,388 Annual gross (L12M) ▼ 16.2% latest MoM Click for monthly detail
$36,366 Avg monthly ▼ 3.3% latest vs avg Click for monthly detail
~-6% Est. net margin (likely) $-27,145/yr est. net Click for cost model
$218k–$-95k Est. acquisition range 0.14× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $969,751 – $1,745,552/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Chili's is a mixed-beverage licensed establishment at 2624 N JOSEY LN, Carrollton, Texas (TABC RM570567). Over the most recent 12 months it reported $436,388 in gross alcohol sales, averaging $36,366/month with a best month of $41,952. Sales mix: ~61% liquor · 35% beer · 3% wine. The building at this address is owned by JOSEY TRINITY MILLS LTD (53,738 sqft, $12,532,290 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-27,145 (~-6% margin). Acquisition value is estimated at $218k–$-95k 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
$436,388
Avg monthly
$36,366
Best month
$41,952
Apr 2026
Sales mix
61% Liq
35% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID14107350000020000
Property owner (landlord)JOSEY TRINITY MILLS LTD
Total building SF53,738
Assessed value$12,532,290

Chili's's share

Est. base rent ~$28/sqft/yr · 2,500 sqft · Class A $5,830/mo
NNN CAM / insurance$875/mo
NNN property tax$1,166/mo
Personal property tax own fixtures · Prop 99180806200000000 $9,083/mo
Total occupancy $16,954/mo

Occupancy analysis

All-in occupancy cost is 46.6% 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 $436,388 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~6%
Revenue$436,388
COGS (24%)−$104,733
Labor (14%)−$61,094
Occupancy−$183,101
TX MB gross tax (6.7%)−$29,238
Utilities / ins / mktg (8%)−$34,911
Card surcharge net+$4,800
Net profit $28,111
Most Likely
Typical bar, light food program, full two-shift staffing
~-6%
Revenue$436,388
COGS (27%)−$117,825
Labor (17%)−$74,186
Occupancy−$203,445
TX MB gross tax (6.7%)−$29,238
Utilities / ins / mktg (10%)−$43,639
Card surcharge net+$4,800
Net profit $-27,145
Stressed
Heavy food, larger crew, higher rent
~-21%
Revenue$436,388
COGS (30%)−$130,916
Labor (22%)−$96,005
Occupancy−$223,790
TX MB gross tax (6.7%)−$29,238
Utilities / ins / mktg (12%)−$52,367
Card surcharge net+$4,800
Net profit $-91,128
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 Chili's Beverage Company INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-27,145/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 (~$-27,145 net) estimated

Revenue multiple
$218k–$349k
0.5–0.8× gross
SDE multiple
$-68k–$-95k
2.5–3.5× earnings
Cap rate
$-82k–$-109k
25–33%
Suggested range
$218k–$-95k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $969,751–$1,745,552/yr in total revenue (your liquor portion of $436,388 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$970k–$1,746k
food + liquor + service
Estimated net (10–15%)
$97k–$262k
restaurant margin
Full-business value
$267k–$960k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-30

Lookup pending — check back tomorrow

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