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Financials

MB913084
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Cool Beans

1210 W HICKORY ST, Denton, TX 76201 · TABC MB913084

Mixed Beverage Denton Market Enriched 2026-07-12
$644,142 Annual gross (L12M) ▲ 9.2% latest MoM Click for monthly detail
$53,678 Avg monthly ▲ 36.6% latest vs avg Click for monthly detail
~36% Est. net margin (likely) $229,763/yr est. net Click for cost model
$574k–$644k Est. acquisition range 0.95× 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): $644,142 – $715,713/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

Cool Beans is a mixed-beverage licensed establishment at 1210 W HICKORY ST, Denton, Texas (TABC MB913084). Over the most recent 12 months it reported $644,142 in gross alcohol sales, averaging $53,678/month with a best month of $73,347. Sales mix: ~79% liquor · 21% beer · 0% wine. The building at this address is owned by LOTT, JAMES R JR (8,508 sqft, $562,749 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $229,763 (~36% margin). Acquisition value is estimated at $574k–$644k 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
$644,142
Avg monthly
$53,678
Best month
$73,347
May 2026
Sales mix
79% Liq
21% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID35361
Property owner (landlord)LOTT, JAMES R JR
Total building SF8,508
Assessed value$562,749

Cool Beans's share

Est. base rent ~$6/sqft/yr · 3,500 sqft · Class C $1,736/mo
NNN CAM / insurance$260/mo
NNN property tax$424/mo
Personal property tax est — no BPP record $118/mo
Total occupancy $2,539/mo

Occupancy analysis

All-in occupancy cost is 4.7% 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 $644,142 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~44%
Revenue$644,142
COGS (24%)−$154,594
Labor (14%)−$90,180
Occupancy−$27,424
TX MB gross tax (6.7%)−$43,158
Utilities / ins / mktg (8%)−$51,531
Card surcharge net+$7,086
Net profit $284,341
Most Likely
Typical bar, light food program, full two-shift staffing
~36%
Revenue$644,142
COGS (27%)−$173,918
Labor (17%)−$109,504
Occupancy−$30,471
TX MB gross tax (6.7%)−$43,158
Utilities / ins / mktg (10%)−$64,414
Card surcharge net+$7,086
Net profit $229,763
Stressed
Heavy food, larger crew, higher rent
~25%
Revenue$644,142
COGS (30%)−$193,243
Labor (22%)−$141,711
Occupancy−$33,518
TX MB gross tax (6.7%)−$43,158
Utilities / ins / mktg (12%)−$77,297
Card surcharge net+$7,086
Net profit $162,301
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 M.A.R.P.A.C. INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $229,763/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 (~$229,763 net) estimated

Revenue multiple
$322k–$515k
0.5–0.8× gross
SDE multiple
$574k–$804k
2.5–3.5× earnings
Cap rate
$696k–$919k
25–33%
Suggested range
$574k–$644k
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 2026-05-28

No federal lawsuits — past or pending