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Financials

MB200189752
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Stone Water

10261 TECHNOLOGY BLVD E, Dallas, TX 75220 · TABC MB200189752

Mixed Beverage Dallas Market Enriched 2026-07-12
$102,190 Annual gross (L12M) Click for monthly detail
$102,190 Avg monthly — 0.0% latest vs avg Click for monthly detail
~-77% Est. net margin (likely) $-78,964/yr est. net Click for cost model
$51k–$-276k Est. acquisition range -1.10× 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): $145,986 – $204,380/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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Stone Water is a mixed-beverage licensed establishment at 10261 TECHNOLOGY BLVD E, Dallas, Texas (TABC MB200189752). Over the most recent 12 months it reported $102,190 in gross alcohol sales, averaging $102,190/month with a best month of $102,190. Sales mix: ~89% liquor · 10% beer · 1% wine. The building at this address is owned by MDF GLOBAL ASSET MGMT LLC (11,233 sqft, $3,264,760 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-78,964 (~-77% margin). Acquisition value is estimated at $51k–$-276k 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
$102,190
Avg monthly
$102,190
Best month
$102,190
May 2026
Sales mix
89% Liq
10% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0064990C000010500
Property owner (landlord)MDF GLOBAL ASSET MGMT LLC
Total building SF11,233
Assessed value$3,264,760

Stone Water's share

Est. base rent ~$35/sqft/yr · 2,500 sqft · Class A $7,266/mo
NNN CAM / insurance$1,090/mo
NNN property tax$1,453/mo
Personal property tax own fixtures · Prop 99250102170000000 $212/mo
Total occupancy $10,021/mo

Occupancy analysis

All-in occupancy cost is 117.7% 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 $102,190 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-58%
Revenue$102,190
COGS (24%)−$24,526
Labor (14%)−$14,307
Occupancy−$108,224
TX MB gross tax (6.7%)−$6,847
Utilities / ins / mktg (8%)−$8,175
Card surcharge net+$1,124
Net profit $-58,764
Most Likely
Typical bar, light food program, full two-shift staffing
~-77%
Revenue$102,190
COGS (27%)−$27,591
Labor (17%)−$17,372
Occupancy−$120,248
TX MB gross tax (6.7%)−$6,847
Utilities / ins / mktg (10%)−$10,219
Card surcharge net+$1,124
Net profit $-78,964
Stressed
Heavy food, larger crew, higher rent
~-99%
Revenue$102,190
COGS (30%)−$30,657
Labor (22%)−$22,482
Occupancy−$132,273
TX MB gross tax (6.7%)−$6,847
Utilities / ins / mktg (12%)−$12,263
Card surcharge net+$1,124
Net profit $-101,208
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 4 Stakes Holding LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-78,964/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 (~$-78,964 net) estimated

Revenue multiple
$51k–$82k
0.5–0.8× gross
SDE multiple
$-197k–$-276k
2.5–3.5× earnings
Cap rate
$-239k–$-316k
25–33%
Suggested range
$51k–$-276k
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 2026-07-14

No federal lawsuits — past or pending