Expired - Original Required RED · Restaurant (51%+ food) Since 2016

Pete's Basement Bar

109 W EXCHANGE AVE STE A, Fort Worth, TX 76164 · Tarrant County
Latest receipts
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Trailing 12
$2.58M
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All-time peak
$223K
Dec 2023
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Fort Worth
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In ZIP 76164
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In Tarrant County
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Statewide
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2024
License issued
Oct 2024
Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Pete's Basement Bar
City: Fort Worth, TX · Tarrant County
Address: 109 W Exchange Ave Ste A, TX 76164
TABC permit number: MB935569
Owner / operator: Johnny's Beer Garden LLC
Trailing 12-month mixed beverage receipts: $2,580,600
Estimated business value: $1,112,008 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Pete'S Basement Bar reported $215K in February 2026.

Trailing-12 receipts: $2.58M (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Fort Worth.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$379K
2.25× EBITDA
Mid (14% margin)Likely
$1.1M
3.0× EBITDA
High (32% margin)
$3.0M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $2,580,600, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

PETE'S BASEMENT BAR is a Mixed Beverage located in FORT WORTH, Texas. In February 2026, it reported $215,050 in total mixed beverage sales. Its average monthly sales over the last 12 months were $215,050. Sales have remained relatively stable. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated medium based on some irregular sales patterns or minor compliance issues.

ZIP 76164 performance

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Location

109 W EXCHANGE AVE STE A
FORT WORTH, TX 76164
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License

Permit typeMixed Beverage
NumberMB935569
Status ● Expired - Original Required
First filing2016-03-31
Renewed2024-10-22
In business since 2016
Expires2026-02-18
Footprint Building total 7,500 sf Suite-level not available · STE A
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Above threshold — franchise tax expected
Officers John Cooper Officer
Sibling entities
1 other venue share an officer
Petes Basement Bar · Fort Worth
via John Cooper (Director)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

M
MEDIUM
1 factor flagged
  • 11 months with identical/near-identical totals
Sales-tax cross-check
Sales-tax filings $2,580,601 vs gross $2,580,600 over 12 overlapping months — filings match (gap 0.0%).
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Texas state & county records

Public records
2 tax liens filed
1 with no release on file
Amount not available from this county's index
2019-11-01 — STATE TAX LIEN - PROPERTY
2019-09-03 — RELEASE OF STATE TAX LIEN (released)
2018-11-15 — STATE TAX LIEN - PROPERTY
Some sources limit how many records they return, so counts may be a minimum rather than a total.
Public records, last checked 2026-09-20 06:34

Federal court history

Public records
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Peer comparison

Fort Worth
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Location · PETE'S BASEMENT BAR

109 W EXCHANGE AVE STE A, FORT WORTH, TX 76164

Heatmap · ZIP 76164

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 76164 rankings

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