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MB200080866
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The Garden

111 OAK LAWN AVE, Dallas, TX 75207 · TABC MB200080866

Mixed Beverage Dallas Market Enriched 2026-07-11
$128,051 Annual gross (L12M) Click for monthly detail
$12,805 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $28,683/yr est. net Click for cost model
$72k–$100k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $134,791 – $150,648/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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The Garden is a mixed-beverage licensed establishment at 111 OAK LAWN AVE, Dallas, Texas (TABC MB200080866). Over the most recent 12 months it reported $128,051 in gross alcohol sales, averaging $12,805/month with a best month of $21,220. Sales mix: ~95% liquor · 0% beer · 5% wine. The building at this address is owned by 118 OAK LAWN AVENUE INC (8,412 sqft, $2,140,590 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $28,683 (~22% margin). Acquisition value is estimated at $72k–$100k 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
$128,051
Avg monthly
$12,805
Best month
$21,220
Jun 2025
Sales mix
95% Liq
0% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00000634546000000
Property owner (landlord)118 OAK LAWN AVENUE INC
Total building SF8,412
Assessed value$2,140,590

The Garden's share

Est. base rent ~$2/sqft/yr · 2,500 sqft · Class A $357/mo
NNN CAM / insurance$54/mo
NNN property tax$1,272/mo
Personal property tax own fixtures · Prop 99240226170000000 $238/mo
Total occupancy $1,921/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 $128,051 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$128,051
COGS (24%)−$30,732
Labor (14%)−$17,927
Occupancy−$20,744
TX MB gross tax (6.7%)−$8,579
Utilities / ins / mktg (8%)−$10,244
Card surcharge net+$1,409
Net profit $41,232
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$128,051
COGS (27%)−$34,574
Labor (17%)−$21,769
Occupancy−$23,049
TX MB gross tax (6.7%)−$8,579
Utilities / ins / mktg (10%)−$12,805
Card surcharge net+$1,409
Net profit $28,683
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$128,051
COGS (30%)−$38,415
Labor (22%)−$28,171
Occupancy−$25,354
TX MB gross tax (6.7%)−$8,579
Utilities / ins / mktg (12%)−$15,366
Card surcharge net+$1,409
Net profit $13,573
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 Blaze Group LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $28,683/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 (~$28,683 net) estimated

Revenue multiple
$64k–$102k
0.5–0.8× gross
SDE multiple
$72k–$100k
2.5–3.5× earnings
Cap rate
$87k–$115k
25–33%
Suggested range
$72k–$100k
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 2026-07-01

No federal lawsuits — past or pending