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RM765618
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The Oceanaire Seafood Room

13340 DALLAS PKWY STE 1369, Dallas, TX 75240 · TABC RM765618

Mixed Beverage Dallas Market Enriched 2026-07-10
$886,292 Annual gross (L12M) ▲ 4.9% latest MoM Click for monthly detail
$80,572 Avg monthly ▲ 5.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $198,529/yr est. net Click for cost model
$496k–$695k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,969,538 – $3,545,168/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 Oceanaire Seafood Room is a mixed-beverage licensed establishment at 13340 DALLAS PKWY STE 1369, Dallas, Texas (TABC RM765618). Over the most recent 12 months it reported $886,292 in gross alcohol sales, averaging $80,572/month with a best month of $114,902. Sales mix: ~50% liquor · 4% beer · 47% wine. The building at this address is owned by GMV MALL OWNER LLC (645,431 sqft, $159,940,710 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $198,529 (~22% margin). Acquisition value is estimated at $496k–$695k 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
$886,292
Avg monthly
$80,572
Best month
$114,902
Dec 2025
Sales mix
50% Liq
4% Beer · 47% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00700100000010000
Property owner (landlord)GMV MALL OWNER LLC
Total building SF whole parcel — The Oceanaire Seafood Room is in STE 1369645,431
The Oceanaire Seafood Room's footprint estimated — suite-level not on file 3,500 sf
Assessed value$159,940,710

The Oceanaire Seafood Room's share

Est. base rent ~$21/sqft/yr · 3,500 sqft · Class A $6,063/mo
NNN CAM / insurance$909/mo
NNN property tax$1,735/mo
Personal property tax own fixtures · Prop 99882170000181350 $4,588/mo
Total occupancy $13,294/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 $886,292 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$886,292
COGS (24%)−$212,710
Labor (14%)−$124,081
Occupancy−$143,579
TX MB gross tax (6.7%)−$59,382
Utilities / ins / mktg (8%)−$70,903
Card surcharge net+$9,749
Net profit $285,386
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$886,292
COGS (27%)−$239,299
Labor (17%)−$150,670
Occupancy−$159,533
TX MB gross tax (6.7%)−$59,382
Utilities / ins / mktg (10%)−$88,629
Card surcharge net+$9,749
Net profit $198,529
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$886,292
COGS (30%)−$265,888
Labor (22%)−$194,984
Occupancy−$175,486
TX MB gross tax (6.7%)−$59,382
Utilities / ins / mktg (12%)−$106,355
Card surcharge net+$9,749
Net profit $93,947
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 The Oceanaire Texas Beverage Company INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $198,529/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 (~$198,529 net) estimated

Revenue multiple
$443k–$709k
0.5–0.8× gross
SDE multiple
$496k–$695k
2.5–3.5× earnings
Cap rate
$602k–$794k
25–33%
Suggested range
$496k–$695k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $1,969,538–$3,545,168/yr in total revenue (your liquor portion of $886,292 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$1,970k–$3,545k
food + liquor + service
Estimated net (10–15%)
$197k–$532k
restaurant margin
Full-business value
$542k–$1,950k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-10

Lookup pending — check back tomorrow

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