1724 COCKRELL AVE, Dallas, TX 75215 · TABC MB412531
Click to expand full narrative
Edison's is a mixed-beverage licensed establishment at 1724 COCKRELL AVE, Dallas, Texas (TABC MB412531). Over the most recent 12 months it reported $100,250 in gross alcohol sales, averaging $9,114/month with a best month of $14,514. Sales mix: ~59% liquor · 16% beer · 24% wine. The building at this address is owned by TEXAS INTOWNHOMES LLC $4,459,100 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $22,456 (~22% margin). Acquisition value is estimated at $56k–$79k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Edison's's share
All-in occupancy cost is 18.0% 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.
Texas bar cost model applied to $100,250 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$22,456 net) estimated
We estimate this event venue pulls $334,167–$668,333/yr in total revenue (your liquor portion of $100,250 is roughly 15–30% 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).
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.
Public records · last checked 2026-06-02
—