← Fish City Grill /

Financials

MB105005201
Dashboard › Fish City Grill › Financial Intelligence

Fish City Grill

15980 CITY WALK, Sugar Land, TX 77479 · TABC MB105005201

Mixed Beverage Sugar Land Market Enriched 2026-09-10
$198,054 Annual gross (L12M) ▲ 11.1% latest MoM Click for monthly detail
$16,504 Avg monthly ▲ 1.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $54,899/yr est. net Click for cost model
$137k–$192k Est. acquisition range 0.83× 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): $440,120 – $792,216/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Fish City Grill My bars

Executive Summary

Click to expand full narrative

Fish City Grill is a mixed-beverage licensed establishment at 15980 CITY WALK, Sugar Land, Texas (TABC MB105005201). Over the most recent 12 months it reported $198,054 in gross alcohol sales, averaging $16,504/month with a best month of $20,145. Sales mix: ~60% liquor · 14% beer · 26% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $54,899 (~28% margin). Acquisition value is estimated at $137k–$192k 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
$198,054
Avg monthly
$16,504
Best month
$20,145
May 2026
Sales mix
60% Liq
14% Beer · 26% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$1,733/mo
NNN CAM / insurance$260/mo
Total occupancy$2,093/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $198,054 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$198,054
COGS (24%)−$47,533
Labor (14%)−$27,728
Occupancy−$22,604
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (8%)−$15,844
Card surcharge net+$2,179
Net profit $73,255
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$198,054
COGS (27%)−$53,475
Labor (17%)−$33,669
Occupancy−$25,115
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (10%)−$19,805
Card surcharge net+$2,179
Net profit $54,899
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$198,054
COGS (30%)−$59,416
Labor (22%)−$43,572
Occupancy−$27,627
TX MB gross tax (6.7%)−$13,270
Utilities / ins / mktg (12%)−$23,766
Card surcharge net+$2,179
Net profit $32,582
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 Fcg Texas LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $54,899/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 (~$54,899 net) estimated

Revenue multiple
$99k–$158k
0.5–0.8× gross
SDE multiple
$137k–$192k
2.5–3.5× earnings
Cap rate
$166k–$220k
25–33%
Suggested range
$137k–$192k
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 $440,120–$792,216/yr in total revenue (your liquor portion of $198,054 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
$440k–$792k
food + liquor + service
Estimated net (10–15%)
$44k–$119k
restaurant margin
Full-business value
$121k–$436k
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 2026-05-29

No federal lawsuits — past or pending