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MB200066631
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Fortune House

2010 GREENVILLE AVE STE B, Dallas, TX 75206 · TABC MB200066631

Mixed Beverage Dallas Market Enriched 2026-06-17
$965,072 Annual gross (L12M) ▼ 11.8% latest MoM Click for monthly detail
$80,423 Avg monthly ▲ 7.9% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $244,404/yr est. net Click for cost model
$611k–$855k Est. acquisition range 0.76× 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): $965,072 – $1,072,302/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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Fortune House is a mixed-beverage licensed establishment at 2010 GREENVILLE AVE STE B, Dallas, Texas (TABC MB200066631). Over the most recent 12 months it reported $965,072 in gross alcohol sales, averaging $80,423/month with a best month of $98,480. Sales mix: ~76% liquor · 11% beer · 14% wine. The building at this address is owned by LAVO PROPERTIES LLC (21,469 sqft, $5,214,510 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $244,404 (~25% margin). Acquisition value is estimated at $611k–$855k 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
$965,072
Avg monthly
$80,423
Best month
$98,480
Mar 2026
Sales mix
76% Liq
11% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000184747000000
Property owner (landlord)LAVO PROPERTIES LLC
Total building SF whole parcel — Fortune House is in STE B21,469
Fortune House's footprint estimated — suite-level not on file 3,500 sf
Assessed value$5,214,510

Fortune House's share

Est. base rent ~$29/sqft/yr · 3,500 sqft · Class A $8,501/mo
NNN CAM / insurance$1,275/mo
NNN property tax$1,700/mo
Personal property tax own fixtures · Prop 99230822830000000 $647/mo
Total occupancy $12,124/mo

Occupancy analysis

All-in occupancy cost is 15.1% 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 $965,072 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$965,072
COGS (24%)−$231,617
Labor (14%)−$135,110
Occupancy−$130,936
TX MB gross tax (6.7%)−$64,660
Utilities / ins / mktg (8%)−$77,206
Card surcharge net+$10,616
Net profit $336,158
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$965,072
COGS (27%)−$260,569
Labor (17%)−$164,062
Occupancy−$145,485
TX MB gross tax (6.7%)−$64,660
Utilities / ins / mktg (10%)−$96,507
Card surcharge net+$10,616
Net profit $244,404
Stressed
Heavy food, larger crew, higher rent
~14%
Revenue$965,072
COGS (30%)−$289,522
Labor (22%)−$212,316
Occupancy−$160,033
TX MB gross tax (6.7%)−$64,660
Utilities / ins / mktg (12%)−$115,809
Card surcharge net+$10,616
Net profit $133,348
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 Fh Greenville LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $244,404/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 (~$244,404 net) estimated

Revenue multiple
$483k–$772k
0.5–0.8× gross
SDE multiple
$611k–$855k
2.5–3.5× earnings
Cap rate
$741k–$978k
25–33%
Suggested range
$611k–$855k
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 2026-06-23

Lookup pending — check back tomorrow

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