Dolce Riviera Restaurant / Seppi Bistro

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): $1,674,927 – $3,014,868/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

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Dolce Riviera Restaurant / Seppi Bistro is a mixed-beverage licensed establishment at 2950 N HARWOOD ST STE 115, Dallas, Texas (TABC MB931987). Over the most recent 12 months it reported $753,717 in gross alcohol sales, averaging $62,810/month with a best month of $80,043. Sales mix: ~51% liquor · 2% beer · 47% wine. The building at this address is owned by HORIZON PROPCO IV LP (523,337 sqft, $101,699,440 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $162,871 (~22% margin). Acquisition value is estimated at $407k–$570k 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

$753,717

Avg monthly

$62,810

Best month

$80,043

Oct 2025

Sales mix

51% Liq

2% Beer · 47% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID000931000101A0000

Property owner (landlord)HORIZON PROPCO IV LP

Total building SF whole parcel — Dolce Riviera Restaurant / Seppi Bistro is in STE 115523,337

Dolce Riviera Restaurant / Seppi Bistro's footprint estimated — suite-level not on file 3,500 sf

Assessed value$101,699,440

Dolce Riviera Restaurant / Seppi Bistro's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class B $5,668/mo

NNN CAM / insurance$850/mo

NNN property tax$1,360/mo

Personal property tax own fixtures · Prop 99060515430000000 $3,924/mo

Total occupancy $11,803/mo

Occupancy analysis

All-in occupancy cost is 18.8% 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 $753,717 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~31%

Revenue$753,717

COGS (24%)−$180,892

Labor (14%)−$105,520

Occupancy−$127,468

TX MB gross tax (6.7%)−$50,499

Utilities / ins / mktg (8%)−$60,297

Card surcharge net+$8,291

Net profit $237,331

Most Likely

Typical bar, light food program, full two-shift staffing

~22%

Revenue$753,717

COGS (27%)−$203,504

Labor (17%)−$128,132

Occupancy−$141,631

TX MB gross tax (6.7%)−$50,499

Utilities / ins / mktg (10%)−$75,372

Card surcharge net+$8,291

Net profit $162,871

Stressed

Heavy food, larger crew, higher rent

~10%

Revenue$753,717

COGS (30%)−$226,115

Labor (22%)−$165,818

Occupancy−$155,794

TX MB gross tax (6.7%)−$50,499

Utilities / ins / mktg (12%)−$90,446

Card surcharge net+$8,291

Net profit $73,336

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 Dolce Riviera LLC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $162,871/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 (~$162,871 net) estimated

Revenue multiple

$377k–$603k

0.5–0.8× gross

SDE multiple

$407k–$570k

2.5–3.5× earnings

Cap rate

$494k–$651k

25–33%

Suggested range

$407k–$570k

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 $1,674,927–$3,014,868/yr in total revenue (your liquor portion of $753,717 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

$1,675k–$3,015k

food + liquor + service

Estimated net (10–15%)

$167k–$452k

restaurant margin

Full-business value

$461k–$1,658k

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 2026-06-26

No federal lawsuits — past or pending

Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

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

Federal court history