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Financials

MB200081232
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Koe Wetzel's Riot Room

1100 FOCH ST STE A, Fort Worth, TX 76107 · TABC MB200081232

Mixed Beverage Fort Worth Market Enriched 2026-05-24
$3,949,009 Annual gross (L12M) ▼ 5.4% latest MoM Click for monthly detail
$329,084 Avg monthly ▼ 29.2% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $1,167,763/yr est. net Click for cost model
$2,919k–$3,949k Est. acquisition range 0.87× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $3,949,009 – $4,387,788/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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Koe Wetzel's Riot Room is a mixed-beverage licensed establishment at 1100 FOCH ST STE A, Fort Worth, Texas (TABC MB200081232). Over the most recent 12 months it reported $3,949,009 in gross alcohol sales, averaging $329,084/month with a best month of $422,685. Sales mix: ~69% liquor · 26% beer · 4% wine. The building at this address is owned by EME HOLDINGS INC (20,915 sqft, $7,258,050 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,167,763 (~30% margin). Acquisition value is estimated at $2,919k–$3,949k 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
$3,949,009
Avg monthly
$329,084
Best month
$422,685
May 2025
Sales mix
69% Liq
26% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID03253937
Property owner (landlord)EME HOLDINGS INC
Total building SF whole parcel — Koe Wetzel's Riot Room is in STE A20,915
Koe Wetzel's Riot Room's footprint estimated — suite-level not on file 7,500 sf
Assessed value$7,258,050

Koe Wetzel's Riot Room's share

Est. base rent ~$42/sqft/yr · 7,500 sqft · Class A $26,027/mo
NNN CAM / insurance$3,904/mo
NNN property tax$5,205/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $35,636/mo

Occupancy analysis

All-in occupancy cost is 10.8% 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 $3,949,009 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$3,949,009
COGS (24%)−$947,762
Labor (14%)−$552,861
Occupancy−$384,873
TX MB gross tax (6.7%)−$264,584
Utilities / ins / mktg (8%)−$315,921
Card surcharge net+$43,439
Net profit $1,526,447
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$3,949,009
COGS (27%)−$1,066,232
Labor (17%)−$671,332
Occupancy−$427,637
TX MB gross tax (6.7%)−$264,584
Utilities / ins / mktg (10%)−$394,901
Card surcharge net+$43,439
Net profit $1,167,763
Stressed
Heavy food, larger crew, higher rent
~18%
Revenue$3,949,009
COGS (30%)−$1,184,703
Labor (22%)−$868,782
Occupancy−$470,400
TX MB gross tax (6.7%)−$264,584
Utilities / ins / mktg (12%)−$473,881
Card surcharge net+$43,439
Net profit $730,098
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 Thdr Operating LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,167,763/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 (~$1,167,763 net) estimated

Revenue multiple
$1.97M–$3.16M
0.5–0.8× gross
SDE multiple
$2.92M–$4.09M
2.5–3.5× earnings
Cap rate
$3.54M–$4.67M
25–33%
Suggested range
$2,919k–$3,949k
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 2026-05-26

Lookup pending — check back tomorrow

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