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Financials

MB183760
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The Parkway Grill And Sports Bar

2719 SOUTHWEST PKWY, Wichita Falls, TX 76308 · TABC MB183760

Mixed Beverage Wichita Falls Market Enriched 2026-06-18
$903,840 Annual gross (L12M) ▼ 1.6% latest MoM Click for monthly detail
$75,320 Avg monthly ▲ 1.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $253,934/yr est. net Click for cost model
$635k–$889k Est. acquisition range 0.84× 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): $1,291,200 – $1,807,680/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 Parkway Grill And Sports Bar is a mixed-beverage licensed establishment at 2719 SOUTHWEST PKWY, Wichita Falls, Texas (TABC MB183760). Over the most recent 12 months it reported $903,840 in gross alcohol sales, averaging $75,320/month with a best month of $82,839. Sales mix: ~30% liquor · 69% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $253,934 (~28% margin). Acquisition value is estimated at $635k–$889k 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
$903,840
Avg monthly
$75,320
Best month
$82,839
Dec 2025
Sales mix
30% Liq
69% Beer · 1% 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)$7,909/mo
NNN CAM / insurance$1,186/mo
Total occupancy$9,268/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 $903,840 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$903,840
COGS (24%)−$216,922
Labor (14%)−$126,538
Occupancy−$100,096
TX MB gross tax (6.7%)−$60,557
Utilities / ins / mktg (8%)−$72,307
Card surcharge net+$9,942
Net profit $337,363
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$903,840
COGS (27%)−$244,037
Labor (17%)−$153,653
Occupancy−$111,218
TX MB gross tax (6.7%)−$60,557
Utilities / ins / mktg (10%)−$90,384
Card surcharge net+$9,942
Net profit $253,934
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$903,840
COGS (30%)−$271,152
Labor (22%)−$198,845
Occupancy−$122,339
TX MB gross tax (6.7%)−$60,557
Utilities / ins / mktg (12%)−$108,461
Card surcharge net+$9,942
Net profit $152,428
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 Mccann Street Fish And Oyster CO INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $253,934/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 (~$253,934 net) estimated

Revenue multiple
$452k–$723k
0.5–0.8× gross
SDE multiple
$635k–$889k
2.5–3.5× earnings
Cap rate
$769k–$1.02M
25–33%
Suggested range
$635k–$889k
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 2026-06-25

Lookup pending — check back tomorrow

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