← Fish City Grill /

Financials

MB200137543
Dashboard › Fish City Grill › Financial Intelligence

Fish City Grill

1907 NACOGDOCHES RD, San Antonio, TX 78209 · TABC MB200137543

Mixed Beverage San Antonio Market Enriched 2026-07-09
$379,365 Annual gross (L12M) ▲ 13.6% latest MoM Click for monthly detail
$31,614 Avg monthly ▲ 23.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $81,678/yr est. net Click for cost model
$204k–$286k Est. acquisition range 0.65× 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): $843,033 – $1,517,460/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 1907 NACOGDOCHES RD, San Antonio, Texas (TABC MB200137543). Over the most recent 12 months it reported $379,365 in gross alcohol sales, averaging $31,614/month with a best month of $43,018. Sales mix: ~44% liquor · 21% beer · 34% wine. The building at this address is owned by NEW MARKET-OAK PARK LLC (54,615 sqft, $10,800,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $81,678 (~22% margin). Acquisition value is estimated at $204k–$286k 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
$379,365
Avg monthly
$31,614
Best month
$43,018
Mar 2026
Sales mix
44% Liq
21% Beer · 34% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1140949
Property owner (landlord)NEW MARKET-OAK PARK LLC
Total building SF54,615
Assessed value$10,800,000

Fish City Grill's share

Est. base rent ~$16/sqft/yr · 2,500 sqft · Class B $3,322/mo
NNN CAM / insurance$498/mo
NNN property tax$948/mo
Personal property tax own fixtures · Prop 1436101 $922/mo
Total occupancy $5,690/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $379,365 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$379,365
COGS (24%)−$91,048
Labor (14%)−$53,111
Occupancy−$61,457
TX MB gross tax (6.7%)−$25,417
Utilities / ins / mktg (8%)−$30,349
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$4,173
Net profit $118,856
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$379,365
COGS (27%)−$102,429
Labor (17%)−$64,492
Occupancy−$68,286
TX MB gross tax (6.7%)−$25,417
Utilities / ins / mktg (10%)−$37,936
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$4,173
Net profit $81,678
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$379,365
COGS (30%)−$113,810
Labor (22%)−$83,460
Occupancy−$75,114
TX MB gross tax (6.7%)−$25,417
Utilities / ins / mktg (12%)−$45,524
Music licensingASCAP + BMI + SESAC + GMR combined−$3,300
Card surcharge net+$4,173
Net profit $36,913
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 Alamo Heights LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $81,678/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 (~$81,678 net) estimated

Revenue multiple
$190k–$303k
0.5–0.8× gross
SDE multiple
$204k–$286k
2.5–3.5× earnings
Cap rate
$248k–$327k
25–33%
Suggested range
$204k–$286k
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 $843,033–$1,517,460/yr in total revenue (your liquor portion of $379,365 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
$843k–$1,517k
food + liquor + service
Estimated net (10–15%)
$84k–$228k
restaurant margin
Full-business value
$232k–$835k
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 2026-08-15

Lookup pending — check back tomorrow

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