1514 ELM ST STE 611, Dallas, TX 75201 · TABC MB106205142
Click to expand full narrative
Sky Blossom is a mixed-beverage licensed establishment at 1514 ELM ST STE 611, Dallas, Texas (TABC MB106205142). Over the most recent 12 months it reported $620,057 in gross alcohol sales, averaging $51,671/month with a best month of $79,906. Sales mix: ~82% liquor · 11% beer · 7% wine. The building at this address is owned by 1401 ELM STREET LLC (1,168,266 sqft, $220,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $158,101 (~25% margin). Acquisition value is estimated at $395k–$553k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Sky Blossom's share
All-in occupancy cost is 14.9% 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.
Texas bar cost model applied to $620,057 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$158,101 net) estimated
Public records · last checked 2026-07-09
—