650 N PEARL ST, Dallas, TX 75201 · TABC MB102567466
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Hospitality International INC is a mixed-beverage licensed establishment at 650 N PEARL ST, Dallas, Texas (TABC MB102567466). Over the most recent 12 months it reported $1,124,488 in gross alcohol sales, averaging $93,707/month with a best month of $141,454. Sales mix: ~55% liquor · 24% beer · 21% wine. The building at this address is owned by CADIZ STREET PPTIES LTD (2,500 sqft, $1,915,750 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $251,885 (~22% margin). Acquisition value is estimated at $630k–$882k 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)
Hospitality International INC'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 $1,124,488 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$251,885 net) estimated
Public records · last checked 2026-05-22
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