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Financials

MB1066307
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Ojos Locos Sports Cantina

1620 E COPELAND RD, Arlington, TX 76011 · TABC MB1066307

Mixed Beverage Arlington Market Enriched 2026-05-24
$2,819,914 Annual gross (L12M) ▼ 1.6% latest MoM Click for monthly detail
$234,993 Avg monthly ▲ 11.9% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $753,874/yr est. net Click for cost model
$1,885k–$2,639k Est. acquisition range 0.80× 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): $4,028,449 – $5,639,828/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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Ojos Locos Sports Cantina is a mixed-beverage licensed establishment at 1620 E COPELAND RD, Arlington, Texas (TABC MB1066307). Over the most recent 12 months it reported $2,819,914 in gross alcohol sales, averaging $234,993/month with a best month of $311,277. Sales mix: ~42% liquor · 58% beer · 0% wine. The building at this address is owned by CARROLL FAMILY INV #2 LTD (6,561 sqft, $2,234,875 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $753,874 (~27% margin). Acquisition value is estimated at $1,885k–$2,639k 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
$2,819,914
Avg monthly
$234,993
Best month
$311,277
May 2025
Sales mix
42% Liq
58% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID40389545
Property owner (landlord)CARROLL FAMILY INV #2 LTD
Total building SF6,561
Assessed value$2,234,875

Ojos Locos Sports Cantina's share

Est. base rent ~$41/sqft/yr · 7,500 sqft · Class A $25,547/mo
NNN CAM / insurance$3,832/mo
NNN property tax$2,235/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $32,114/mo

Occupancy analysis

All-in occupancy cost is 13.7% 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 $2,819,914 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$2,819,914
COGS (24%)−$676,779
Labor (14%)−$394,788
Occupancy−$346,834
TX MB gross tax (6.7%)−$188,934
Utilities / ins / mktg (8%)−$225,593
Card surcharge net+$31,019
Net profit $1,018,005
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$2,819,914
COGS (27%)−$761,377
Labor (17%)−$479,385
Occupancy−$385,371
TX MB gross tax (6.7%)−$188,934
Utilities / ins / mktg (10%)−$281,991
Card surcharge net+$31,019
Net profit $753,874
Stressed
Heavy food, larger crew, higher rent
~15%
Revenue$2,819,914
COGS (30%)−$845,974
Labor (22%)−$620,381
Occupancy−$423,908
TX MB gross tax (6.7%)−$188,934
Utilities / ins / mktg (12%)−$338,390
Card surcharge net+$31,019
Net profit $433,346
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 Ol Beverage Holdings LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $753,874/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 (~$753,874 net) estimated

Revenue multiple
$1.41M–$2.26M
0.5–0.8× gross
SDE multiple
$1.88M–$2.64M
2.5–3.5× earnings
Cap rate
$2.28M–$3.02M
25–33%
Suggested range
$1,885k–$2,639k
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 2026-05-22

Lookup pending — check back tomorrow

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