← Blue Mesa Grill /

Financials

MB265061
Dashboard › Blue Mesa Grill › Financial Intelligence

Blue Mesa Grill

628 CARROLL ST, Fort Worth, TX 76107 · TABC MB265061

Mixed Beverage Fort Worth Market Enriched 2026-09-09
$414,001 Annual gross (L12M) ▼ 1.7% latest MoM Click for monthly detail
$34,500 Avg monthly ▼ 21.5% latest vs avg Click for monthly detail
~37% Est. net margin (likely) $152,723/yr est. net Click for cost model
$382k–$414k Est. acquisition range 0.96× 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): $920,002 – $1,656,004/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Blue Mesa Grill My bars

Executive Summary

Click to expand full narrative

Blue Mesa Grill is a mixed-beverage licensed establishment at 628 CARROLL ST, Fort Worth, Texas (TABC MB265061). Over the most recent 12 months it reported $414,001 in gross alcohol sales, averaging $34,500/month with a best month of $62,344. Sales mix: ~81% liquor · 10% beer · 9% wine. The building at this address is owned by MESA SW RESTAURANTS-FT WORTH $209,155 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $152,723 (~37% margin). Acquisition value is estimated at $382k–$414k 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
$414,001
Avg monthly
$34,500
Best month
$62,344
Dec 2025
Sales mix
81% Liq
10% Beer · 9% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID10575642
Property owner (landlord)MESA SW RESTAURANTS-FT WORTH
Assessed value$209,155

Blue Mesa Grill's share

Est. base rent ~$4/sqft/yr · 2,500 sqft · Class C $784/mo
NNN CAM / insurance$118/mo
NNN property tax$209/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $1,211/mo

Occupancy analysis

All-in occupancy cost is 3.5% 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 $414,001 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$414,001
COGS (24%)−$99,360
Labor (14%)−$57,960
Occupancy−$13,080
TX MB gross tax (6.7%)−$27,738
Utilities / ins / mktg (8%)−$33,120
Card surcharge net+$4,554
Net profit $187,296
Most Likely
Typical bar, light food program, full two-shift staffing
~37%
Revenue$414,001
COGS (27%)−$111,780
Labor (17%)−$70,380
Occupancy−$14,534
TX MB gross tax (6.7%)−$27,738
Utilities / ins / mktg (10%)−$41,400
Card surcharge net+$4,554
Net profit $152,723
Stressed
Heavy food, larger crew, higher rent
~27%
Revenue$414,001
COGS (30%)−$124,200
Labor (22%)−$91,080
Occupancy−$15,987
TX MB gross tax (6.7%)−$27,738
Utilities / ins / mktg (12%)−$49,680
Card surcharge net+$4,554
Net profit $109,869
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 Mesa S.W. Restaurants-Ft. Worth INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $152,723/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 (~$152,723 net) estimated

Revenue multiple
$207k–$331k
0.5–0.8× gross
SDE multiple
$382k–$535k
2.5–3.5× earnings
Cap rate
$463k–$611k
25–33%
Suggested range
$382k–$414k
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 $920,002–$1,656,004/yr in total revenue (your liquor portion of $414,001 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
$920k–$1,656k
food + liquor + service
Estimated net (10–15%)
$92k–$248k
restaurant margin
Full-business value
$253k–$911k
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 2026-06-18

No federal lawsuits — past or pending