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Financials

MB105481313
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Pappasito's Cantina

2330 N INTERNATIONAL PKWY # C, Dallas, TX 75261 · TABC MB105481313

Mixed Beverage Dallas Market Enriched 2026-05-24
$1,983,990 Annual gross (L12M) ▼ 5.8% latest MoM Click for monthly detail
$165,332 Avg monthly ▼ 0.6% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $791,716/yr est. net Click for cost model
$1,979k–$1,984k Est. acquisition range 1.00× 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 Dive Bar, liquor is typically only 85–98% of total business revenue. Almost entirely liquor. Estimated total revenue (rough): $2,024,480 – $2,334,106/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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Pappasito's Cantina is a mixed-beverage licensed establishment at 2330 N INTERNATIONAL PKWY # C, Dallas, Texas (TABC MB105481313). Over the most recent 12 months it reported $1,983,990 in gross alcohol sales, averaging $165,332/month with a best month of $190,557. Sales mix: ~66% liquor · 28% beer · 7% wine. The building at this address is owned by PUENTE ENTERPRISES INC $43,763 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $791,716 (~40% margin). Acquisition value is estimated at $1,979k–$1,984k 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
$1,983,990
Avg monthly
$165,332
Best month
$190,557
May 2025
Sales mix
66% Liq
28% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID14941797
Property owner (landlord)PUENTE ENTERPRISES INC
Assessed value$43,763

Pappasito's Cantina's share

Est. base rent ~$1/sqft/yr · 5,000 sqft · Class C $328/mo
NNN CAM / insurance$49/mo
NNN property tax$44/mo
Personal property tax est — no BPP record $397/mo
Total occupancy $818/mo

Occupancy analysis

All-in occupancy cost is 0.5% 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 $1,983,990 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$1,983,990
COGS (24%)−$476,158
Labor (14%)−$277,759
Occupancy−$8,835
TX MB gross tax (6.7%)−$132,927
Utilities / ins / mktg (8%)−$158,719
Card surcharge net+$21,824
Net profit $951,417
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$1,983,990
COGS (27%)−$535,677
Labor (17%)−$337,278
Occupancy−$9,816
TX MB gross tax (6.7%)−$132,927
Utilities / ins / mktg (10%)−$198,399
Card surcharge net+$21,824
Net profit $791,716
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$1,983,990
COGS (30%)−$595,197
Labor (22%)−$436,478
Occupancy−$10,798
TX MB gross tax (6.7%)−$132,927
Utilities / ins / mktg (12%)−$238,079
Card surcharge net+$21,824
Net profit $592,335
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 National Pizza Restaurants INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $791,716/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 (~$791,716 net) estimated

Revenue multiple
$992k–$1.59M
0.5–0.8× gross
SDE multiple
$1.98M–$2.77M
2.5–3.5× earnings
Cap rate
$2.40M–$3.17M
25–33%
Suggested range
$1,979k–$1,984k
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

2 cases on file · 1 currently open · public records

2 federal cases
1 currently open
2 bankruptcy
Most recent filing
Ruby's Franchise Systems, Inc., a California
CACB · 2018-09-06 · OPEN
Public records, last checked 2026-05-22