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Financials

MB200157501
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Ojos Locos Sports Cantina

375 RODEO CENTER BLVD, Mesquite, TX 75149 · TABC MB200157501

Mixed Beverage Mesquite Market Enriched 2026-05-24
$5,163,889 Annual gross (L12M) ▼ 7.1% latest MoM Click for monthly detail
$469,444 Avg monthly ▲ 25.9% latest vs avg Click for monthly detail
~34% Est. net margin (likely) $1,754,703/yr est. net Click for cost model
$4,387k–$5,164k Est. acquisition range 0.92× 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): $7,376,984 – $10,327,778/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 375 RODEO CENTER BLVD, Mesquite, Texas (TABC MB200157501). Over the most recent 12 months it reported $5,163,889 in gross alcohol sales, averaging $469,444/month with a best month of $636,322. Sales mix: ~35% liquor · 65% beer · 0% wine. The building at this address is owned by CHARGER GREEN 51 II LLC (5,598 sqft, $1,638,640 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,754,703 (~34% margin). Acquisition value is estimated at $4,387k–$5,164k 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
$5,163,889
Avg monthly
$469,444
Best month
$636,322
Mar 2026
Sales mix
35% Liq
65% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID381620000A02B0000
Property owner (landlord)CHARGER GREEN 51 II LLC
Total building SF5,598
Assessed value$1,638,640

Ojos Locos Sports Cantina's share

Est. base rent ~$35/sqft/yr · 7,500 sqft · Class A $21,954/mo
NNN CAM / insurance$3,293/mo
NNN property tax$1,639/mo
Personal property tax own fixtures · Prop 99090930870000000 $740/mo
Total occupancy $27,626/mo

Occupancy analysis

All-in occupancy cost is 6.4% 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 $5,163,889 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~43%
Revenue$5,163,889
COGS (24%)−$1,239,333
Labor (14%)−$722,944
Occupancy−$298,358
TX MB gross tax (6.7%)−$345,981
Utilities / ins / mktg (8%)−$413,111
Card surcharge net+$56,803
Net profit $2,200,965
Most Likely
Typical bar, light food program, full two-shift staffing
~34%
Revenue$5,163,889
COGS (27%)−$1,394,250
Labor (17%)−$877,861
Occupancy−$331,508
TX MB gross tax (6.7%)−$345,981
Utilities / ins / mktg (10%)−$516,389
Card surcharge net+$56,803
Net profit $1,754,703
Stressed
Heavy food, larger crew, higher rent
~23%
Revenue$5,163,889
COGS (30%)−$1,549,167
Labor (22%)−$1,136,056
Occupancy−$364,659
TX MB gross tax (6.7%)−$345,981
Utilities / ins / mktg (12%)−$619,667
Card surcharge net+$56,803
Net profit $1,205,163
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 $1,754,703/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 (~$1,754,703 net) estimated

Revenue multiple
$2.58M–$4.13M
0.5–0.8× gross
SDE multiple
$4.39M–$6.14M
2.5–3.5× earnings
Cap rate
$5.32M–$7.02M
25–33%
Suggested range
$4,387k–$5,164k
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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