← Topgolf /

Financials

MB850380
Dashboard › Topgolf › Financial Intelligence

Topgolf

3760 BLAIR OAKS DR, The Colony, TX 75056 · TABC MB850380

Mixed Beverage The Colony Market Enriched 2026-05-24
$3,852,936 Annual gross (L12M) ▲ 38.0% latest MoM Click for monthly detail
$321,078 Avg monthly ▲ 22.1% latest vs avg Click for monthly detail
~38% Est. net margin (likely) $1,483,116/yr est. net Click for cost model
$3,708k–$3,853k Est. acquisition range 0.98× 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): $5,504,194 – $7,705,872/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Topgolf My bars

Executive Summary

Click to expand full narrative

Topgolf is a mixed-beverage licensed establishment at 3760 BLAIR OAKS DR, The Colony, Texas (TABC MB850380). Over the most recent 12 months it reported $3,852,936 in gross alcohol sales, averaging $321,078/month with a best month of $391,886. Sales mix: ~47% liquor · 50% beer · 3% wine. The building at this address is owned by 30 WEST PERSHING LLC (194,100 sqft, $14,016,521 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,483,116 (~38% margin). Acquisition value is estimated at $3,708k–$3,853k 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
$3,852,936
Avg monthly
$321,078
Best month
$391,886
Apr 2026
Sales mix
47% Liq
50% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID623406
Property owner (landlord)30 WEST PERSHING LLC
Total building SF194,100
Assessed value$14,016,521

Topgolf's share

Est. base rent ~$6/sqft/yr · 7,500 sqft · Class C $4,062/mo
NNN CAM / insurance$609/mo
NNN property tax$993/mo
Personal property tax est — no BPP record $458/mo
Total occupancy $6,123/mo

Occupancy analysis

All-in occupancy cost is 1.9% 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 $3,852,936 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~47%
Revenue$3,852,936
COGS (24%)−$924,705
Labor (14%)−$539,411
Occupancy−$66,123
TX MB gross tax (6.7%)−$258,147
Utilities / ins / mktg (8%)−$308,235
Card surcharge net+$42,382
Net profit $1,798,698
Most Likely
Typical bar, light food program, full two-shift staffing
~38%
Revenue$3,852,936
COGS (27%)−$1,040,293
Labor (17%)−$654,999
Occupancy−$73,470
TX MB gross tax (6.7%)−$258,147
Utilities / ins / mktg (10%)−$385,294
Card surcharge net+$42,382
Net profit $1,483,116
Stressed
Heavy food, larger crew, higher rent
~28%
Revenue$3,852,936
COGS (30%)−$1,155,881
Labor (22%)−$847,646
Occupancy−$80,817
TX MB gross tax (6.7%)−$258,147
Utilities / ins / mktg (12%)−$462,352
Card surcharge net+$42,382
Net profit $1,090,475
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 Topgolf USA Colony LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,483,116/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 (~$1,483,116 net) estimated

Revenue multiple
$1.93M–$3.08M
0.5–0.8× gross
SDE multiple
$3.71M–$5.19M
2.5–3.5× earnings
Cap rate
$4.49M–$5.93M
25–33%
Suggested range
$3,708k–$3,853k
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 2026-05-23

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.