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Financials

MB200156836
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Sunset Bar & Restaurant

2119 BUCKINGHAM RD, Richardson, TX 75081 · TABC MB200156836

Mixed Beverage Richardson Market Enriched 2026-08-21
$250,310 Annual gross (L12M) ▼ 14.5% latest MoM Click for monthly detail
$20,859 Avg monthly ▼ 24.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $56,069/yr est. net Click for cost model
$140k–$196k Est. acquisition range 0.67× 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): $250,310 – $278,122/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Sunset Bar & Restaurant is a mixed-beverage licensed establishment at 2119 BUCKINGHAM RD, Richardson, Texas (TABC MB200156836). Over the most recent 12 months it reported $250,310 in gross alcohol sales, averaging $20,859/month with a best month of $29,091. Sales mix: ~50% liquor · 46% beer · 4% wine. The building at this address is owned by FARMER JARED K & CANDICE S (2,500 sqft, $439,020 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $56,069 (~22% margin). Acquisition value is estimated at $140k–$196k 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
$250,310
Avg monthly
$20,859
Best month
$29,091
Nov 2025
Sales mix
50% Liq
46% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID42076600150220000
Property owner (landlord)FARMER JARED K & CANDICE S
Total building SF2,500
Assessed value$439,020

Sunset Bar & Restaurant's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class B $2,796/mo
NNN CAM / insurance$419/mo
NNN property tax$439/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,755/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $250,310 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$250,310
COGS (24%)−$60,074
Labor (14%)−$35,043
Occupancy−$40,550
TX MB gross tax (6.7%)−$16,771
Utilities / ins / mktg (8%)−$20,025
Card surcharge net+$2,753
Net profit $80,600
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$250,310
COGS (27%)−$67,584
Labor (17%)−$42,553
Occupancy−$45,056
TX MB gross tax (6.7%)−$16,771
Utilities / ins / mktg (10%)−$25,031
Card surcharge net+$2,753
Net profit $56,069
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$250,310
COGS (30%)−$75,093
Labor (22%)−$55,068
Occupancy−$49,561
TX MB gross tax (6.7%)−$16,771
Utilities / ins / mktg (12%)−$30,037
Card surcharge net+$2,753
Net profit $26,533
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 Jember LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $56,069/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 (~$56,069 net) estimated

Revenue multiple
$125k–$200k
0.5–0.8× gross
SDE multiple
$140k–$196k
2.5–3.5× earnings
Cap rate
$170k–$224k
25–33%
Suggested range
$140k–$196k
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 2026-06-13

No federal lawsuits — past or pending