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Financials

MB1092822
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Spider Murphy's

2810 N HENDERSON AVE, Dallas, TX 75206 · TABC MB1092822

Mixed Beverage Dallas Market Enriched 2026-05-24
$1,910,498 Annual gross (L12M) ▼ 18.7% latest MoM Click for monthly detail
$159,208 Avg monthly ▼ 12.6% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $581,381/yr est. net Click for cost model
$1,453k–$1,910k Est. acquisition range 0.88× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $2,011,051 – $2,388,122/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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Spider Murphy's is a mixed-beverage licensed establishment at 2810 N HENDERSON AVE, Dallas, Texas (TABC MB1092822). Over the most recent 12 months it reported $1,910,498 in gross alcohol sales, averaging $159,208/month with a best month of $191,243. Sales mix: ~75% liquor · 22% beer · 3% wine. The building at this address is owned by EASTBRIDGE APARTMENTS PO LTD PS (106,192 sqft, $24,866,420 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $581,381 (~30% margin). Acquisition value is estimated at $1,453k–$1,910k 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
$1,910,498
Avg monthly
$159,208
Best month
$191,243
May 2025
Sales mix
75% Liq
22% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID001973000504A0000
Property owner (landlord)EASTBRIDGE APARTMENTS PO LTD PS
Total building SF106,192
Assessed value$24,866,420

Spider Murphy's's share

Est. base rent ~$28/sqft/yr · 5,000 sqft · Class A $11,708/mo
NNN CAM / insurance$1,756/mo
NNN property tax$2,342/mo
Personal property tax own fixtures · Prop 99210921320000000 $66/mo
Total occupancy $15,872/mo

Occupancy analysis

All-in occupancy cost is 10.0% 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 $1,910,498 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,910,498
COGS (24%)−$458,520
Labor (14%)−$267,470
Occupancy−$171,414
TX MB gross tax (6.7%)−$128,003
Utilities / ins / mktg (8%)−$152,840
Card surcharge net+$21,015
Net profit $753,267
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,910,498
COGS (27%)−$515,834
Labor (17%)−$324,785
Occupancy−$190,460
TX MB gross tax (6.7%)−$128,003
Utilities / ins / mktg (10%)−$191,050
Card surcharge net+$21,015
Net profit $581,381
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,910,498
COGS (30%)−$573,149
Labor (22%)−$420,310
Occupancy−$209,506
TX MB gross tax (6.7%)−$128,003
Utilities / ins / mktg (12%)−$229,260
Card surcharge net+$21,015
Net profit $371,285
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 Spider Murphy's LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $581,381/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 (~$581,381 net) estimated

Revenue multiple
$955k–$1.53M
0.5–0.8× gross
SDE multiple
$1.45M–$2.03M
2.5–3.5× earnings
Cap rate
$1.76M–$2.33M
25–33%
Suggested range
$1,453k–$1,910k
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 2026-06-03

Lookup pending — check back tomorrow

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