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Financials

MB200139028
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Fire And Knives Bar And Grill

109 N MAIN ST, Linden, TX 75563 · TABC MB200139028

Mixed Beverage Linden Market Enriched 2026-08-18
$152,433 Annual gross (L12M) ▲ 6.2% latest MoM Click for monthly detail
$12,703 Avg monthly ▲ 0.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $42,027/yr est. net Click for cost model
$105k–$147k 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): $338,740 – $609,732/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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Fire And Knives Bar And Grill is a mixed-beverage licensed establishment at 109 N MAIN ST, Linden, Texas (TABC MB200139028). Over the most recent 12 months it reported $152,433 in gross alcohol sales, averaging $12,703/month with a best month of $15,446. Sales mix: ~57% liquor · 39% beer · 4% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $42,027 (~28% margin). Acquisition value is estimated at $105k–$147k 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
$152,433
Avg monthly
$12,703
Best month
$15,446
Jul 2025
Sales mix
57% Liq
39% Beer · 4% 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)$1,334/mo
NNN CAM / insurance$200/mo
Total occupancy$1,630/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 $152,433 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$152,433
COGS (24%)−$36,584
Labor (14%)−$21,341
Occupancy−$17,601
TX MB gross tax (6.7%)−$10,213
Utilities / ins / mktg (8%)−$12,195
Card surcharge net+$1,677
Net profit $56,177
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$152,433
COGS (27%)−$41,157
Labor (17%)−$25,914
Occupancy−$19,556
TX MB gross tax (6.7%)−$10,213
Utilities / ins / mktg (10%)−$15,243
Card surcharge net+$1,677
Net profit $42,027
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$152,433
COGS (30%)−$45,730
Labor (22%)−$33,535
Occupancy−$21,512
TX MB gross tax (6.7%)−$10,213
Utilities / ins / mktg (12%)−$18,292
Card surcharge net+$1,677
Net profit $24,828
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 Lee Warren looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $42,027/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 (~$42,027 net) estimated

Revenue multiple
$76k–$122k
0.5–0.8× gross
SDE multiple
$105k–$147k
2.5–3.5× earnings
Cap rate
$127k–$168k
25–33%
Suggested range
$105k–$147k
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 $338,740–$609,732/yr in total revenue (your liquor portion of $152,433 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
$339k–$610k
food + liquor + service
Estimated net (10–15%)
$34k–$91k
restaurant margin
Full-business value
$93k–$335k
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.