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Financials

MB200184753
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Hooters

985 S INTERSTATE 35 E, Denton, TX 76205 · TABC MB200184753

Mixed Beverage Denton Market Enriched 2026-08-18
$278,385 Annual gross (L12M) ▼ 7.9% latest MoM Click for monthly detail
$39,769 Avg monthly ▼ 3.1% latest vs avg Click for monthly detail
~37% Est. net margin (likely) $102,298/yr est. net Click for cost model
$256k–$278k Est. acquisition range 0.96× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $397,693 – $556,770/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

Hooters is a mixed-beverage licensed establishment at 985 S INTERSTATE 35 E, Denton, Texas (TABC MB200184753). Over the most recent 12 months it reported $278,385 in gross alcohol sales, averaging $39,769/month with a best month of $51,132. Sales mix: ~34% liquor · 66% beer · 0% wine. The building at this address is owned by RUDRA HOSPITALITY LLC (95,029 sqft, $2,747,039 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $102,298 (~37% margin). Acquisition value is estimated at $256k–$278k 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
$278,385
Avg monthly
$39,769
Best month
$51,132
Mar 2026
Sales mix
34% Liq
66% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID121064
Property owner (landlord)RUDRA HOSPITALITY LLC
Total building SF95,029
Assessed value$2,747,039

Hooters's share

Est. base rent ~$3/sqft/yr · 2,500 sqft · Class C $542/mo
NNN CAM / insurance$81/mo
NNN property tax$132/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $847/mo

Occupancy analysis

All-in occupancy cost is 3.7% 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 $278,385 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$278,385
COGS (24%)−$66,812
Labor (14%)−$38,974
Occupancy−$9,153
TX MB gross tax (6.7%)−$18,652
Utilities / ins / mktg (8%)−$22,271
Card surcharge net+$3,062
Net profit $125,586
Most Likely
Typical bar, light food program, full two-shift staffing
~37%
Revenue$278,385
COGS (27%)−$75,164
Labor (17%)−$47,325
Occupancy−$10,170
TX MB gross tax (6.7%)−$18,652
Utilities / ins / mktg (10%)−$27,838
Card surcharge net+$3,062
Net profit $102,298
Stressed
Heavy food, larger crew, higher rent
~26%
Revenue$278,385
COGS (30%)−$83,516
Labor (22%)−$61,245
Occupancy−$11,187
TX MB gross tax (6.7%)−$18,652
Utilities / ins / mktg (12%)−$33,406
Card surcharge net+$3,062
Net profit $73,442
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 Hooters Of Denton 2025 LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $102,298/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 (~$102,298 net) estimated

Revenue multiple
$139k–$223k
0.5–0.8× gross
SDE multiple
$256k–$358k
2.5–3.5× earnings
Cap rate
$310k–$409k
25–33%
Suggested range
$256k–$278k
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 2026-07-09

Lookup pending — check back tomorrow

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