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Financials

MB106077503
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Las Palmas Lunch & Dinner

2708 ROUTH ST, Dallas, TX 75201 · TABC MB106077503

Mixed Beverage Dallas Market Enriched 2026-05-24
$5,327,657 Annual gross (L12M) ▲ 3.1% latest MoM Click for monthly detail
$443,971 Avg monthly ▲ 8.6% latest vs avg Click for monthly detail
~31% Est. net margin (likely) $1,667,669/yr est. net Click for cost model
$4,169k–$5,328k Est. acquisition range 0.89× 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $15,221,877 – $26,638,285/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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Las Palmas Lunch & Dinner is a mixed-beverage licensed establishment at 2708 ROUTH ST, Dallas, Texas (TABC MB106077503). Over the most recent 12 months it reported $5,327,657 in gross alcohol sales, averaging $443,971/month with a best month of $497,051. Sales mix: ~91% liquor · 6% beer · 3% wine. The building at this address is owned by 2711 FAIRMOUNT LP (13,392 sqft, $5,415,410 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,667,669 (~31% margin). Acquisition value is estimated at $4,169k–$5,328k 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
$5,327,657
Avg monthly
$443,971
Best month
$497,051
May 2025
Sales mix
91% Liq
6% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000135454000000
Property owner (landlord)2711 FAIRMOUNT LP
Total building SF13,392
Assessed value$5,415,410

Las Palmas Lunch & Dinner's share

Est. base rent ~$49/sqft/yr · 7,500 sqft · Class A $30,328/mo
NNN CAM / insurance$4,549/mo
NNN property tax$5,415/mo
Personal property tax own fixtures · Prop 99191028310000000 $99/mo
Total occupancy $40,392/mo

Occupancy analysis

All-in occupancy cost is 9.1% 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 $5,327,657 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~40%
Revenue$5,327,657
COGS (24%)−$1,278,638
Labor (14%)−$745,872
Occupancy−$436,234
TX MB gross tax (6.7%)−$356,953
Utilities / ins / mktg (8%)−$426,213
Card surcharge net+$58,604
Net profit $2,142,352
Most Likely
Typical bar, light food program, full two-shift staffing
~31%
Revenue$5,327,657
COGS (27%)−$1,438,467
Labor (17%)−$905,702
Occupancy−$484,704
TX MB gross tax (6.7%)−$356,953
Utilities / ins / mktg (10%)−$532,766
Card surcharge net+$58,604
Net profit $1,667,669
Stressed
Heavy food, larger crew, higher rent
~20%
Revenue$5,327,657
COGS (30%)−$1,598,297
Labor (22%)−$1,172,085
Occupancy−$533,174
TX MB gross tax (6.7%)−$356,953
Utilities / ins / mktg (12%)−$639,319
Card surcharge net+$58,604
Net profit $1,086,433
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 Las Palmas Uptown INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,667,669/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 (~$1,667,669 net) estimated

Revenue multiple
$2.66M–$4.26M
0.5–0.8× gross
SDE multiple
$4.17M–$5.84M
2.5–3.5× earnings
Cap rate
$5.05M–$6.67M
25–33%
Suggested range
$4,169k–$5,328k
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 · Mexican Restaurant

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

We estimate this mexican restaurant pulls $15,221,877–$26,638,285/yr in total revenue (your liquor portion of $5,327,657 is roughly 20–35% 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
$15,222k–$26,638k
food + liquor + service
Estimated net (10–15%)
$1,522k–$3,996k
restaurant margin
Full-business value
$4,186k–$14,651k
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 2026-05-25

Lookup pending — check back tomorrow

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