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Financials

MB894464
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Rodeo Goat

1926 MARKET CENTER BLVD, Dallas, TX 75207 · TABC MB894464

Mixed Beverage Dallas Market Enriched 2026-06-15
$1,039,096 Annual gross (L12M) ▲ 3.4% latest MoM Click for monthly detail
$86,591 Avg monthly ▲ 14.1% latest vs avg Click for monthly detail
~24% Est. net margin (likely) $249,443/yr est. net Click for cost model
$624k–$873k Est. acquisition range 0.72× 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): $1,039,096 – $1,154,551/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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Rodeo Goat is a mixed-beverage licensed establishment at 1926 MARKET CENTER BLVD, Dallas, Texas (TABC MB894464). Over the most recent 12 months it reported $1,039,096 in gross alcohol sales, averaging $86,591/month with a best month of $103,000. Sales mix: ~47% liquor · 49% beer · 4% wine. The building at this address is owned by WRPV XIV AS DALLAS LLC (434,685 sqft, $88,550,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $249,443 (~24% margin). Acquisition value is estimated at $624k–$873k 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
$1,039,096
Avg monthly
$86,591
Best month
$103,000
Jun 2025
Sales mix
47% Liq
49% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000775681000000
Property owner (landlord)WRPV XIV AS DALLAS LLC
Total building SF434,685
Assessed value$88,550,000

Rodeo Goat's share

Est. base rent ~$24/sqft/yr · 5,000 sqft · Class A $10,186/mo
NNN CAM / insurance$1,528/mo
NNN property tax$2,037/mo
Personal property tax own fixtures · Prop 99160127230000000 $446/mo
Total occupancy $14,196/mo

Occupancy analysis

All-in occupancy cost is 16.4% 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 $1,039,096 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$1,039,096
COGS (24%)−$249,383
Labor (14%)−$145,473
Occupancy−$153,317
TX MB gross tax (6.7%)−$69,619
Utilities / ins / mktg (8%)−$83,128
Card surcharge net+$11,430
Net profit $349,606
Most Likely
Typical bar, light food program, full two-shift staffing
~24%
Revenue$1,039,096
COGS (27%)−$280,556
Labor (17%)−$176,646
Occupancy−$170,352
TX MB gross tax (6.7%)−$69,619
Utilities / ins / mktg (10%)−$103,910
Card surcharge net+$11,430
Net profit $249,443
Stressed
Heavy food, larger crew, higher rent
~12%
Revenue$1,039,096
COGS (30%)−$311,729
Labor (22%)−$228,601
Occupancy−$187,387
TX MB gross tax (6.7%)−$69,619
Utilities / ins / mktg (12%)−$124,692
Card surcharge net+$11,430
Net profit $128,498
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 Rodeo Goat No. 2 LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $249,443/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 (~$249,443 net) estimated

Revenue multiple
$520k–$831k
0.5–0.8× gross
SDE multiple
$624k–$873k
2.5–3.5× earnings
Cap rate
$756k–$998k
25–33%
Suggested range
$624k–$873k
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 2026-06-24

Lookup pending — check back tomorrow

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