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Financials

MB200048029
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Monroe Pearson

421 E OAK ST, Denton, TX 76201 · TABC MB200048029

Mixed Beverage Denton Market Enriched 2026-08-07
$144,947 Annual gross (L12M) ▲ 8.1% latest MoM Click for monthly detail
$13,177 Avg monthly ▼ 73.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $32,468/yr est. net Click for cost model
$81k–$114k Est. acquisition range 0.67× 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): $144,947 – $161,052/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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Monroe Pearson is a mixed-beverage licensed establishment at 421 E OAK ST, Denton, Texas (TABC MB200048029). Over the most recent 12 months it reported $144,947 in gross alcohol sales, averaging $13,177/month with a best month of $31,780. Sales mix: ~55% liquor · 15% beer · 30% wine. The building at this address is owned by CARROLL COURT PROPERTIES LP (22,104 sqft, $4,247,391 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $32,468 (~22% margin). Acquisition value is estimated at $81k–$114k 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
$144,947
Avg monthly
$13,177
Best month
$31,780
Dec 2025
Sales mix
55% Liq
15% Beer · 30% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID26975
Property owner (landlord)CARROLL COURT PROPERTIES LP
Total building SF22,104
Assessed value$4,247,391

Monroe Pearson's share

Est. base rent ~$5/sqft/yr · 2,500 sqft · Class B $1,045/mo
NNN CAM / insurance$157/mo
NNN property tax$881/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $2,174/mo

Occupancy analysis

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.

Profit scenarios

Texas bar cost model applied to $144,947 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$144,947
COGS (24%)−$34,787
Labor (14%)−$20,293
Occupancy−$23,481
TX MB gross tax (6.7%)−$9,711
Utilities / ins / mktg (8%)−$11,596
Card surcharge net+$1,594
Net profit $46,673
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$144,947
COGS (27%)−$39,136
Labor (17%)−$24,641
Occupancy−$26,090
TX MB gross tax (6.7%)−$9,711
Utilities / ins / mktg (10%)−$14,495
Card surcharge net+$1,594
Net profit $32,468
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$144,947
COGS (30%)−$43,484
Labor (22%)−$31,888
Occupancy−$28,700
TX MB gross tax (6.7%)−$9,711
Utilities / ins / mktg (12%)−$17,394
Card surcharge net+$1,594
Net profit $15,364
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 Ksw Milestone LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $32,468/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 (~$32,468 net) estimated

Revenue multiple
$72k–$116k
0.5–0.8× gross
SDE multiple
$81k–$114k
2.5–3.5× earnings
Cap rate
$98k–$130k
25–33%
Suggested range
$81k–$114k
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 2026-05-23

Lookup pending — check back tomorrow

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