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MB466545
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No Frills Grill

1550 EASTCHASE PKWY STE 1200, Fort Worth, TX 76120 · TABC MB466545

Mixed Beverage Fort Worth Market Enriched 2026-06-15
$997,975 Annual gross (L12M) ▼ 4.3% latest MoM Click for monthly detail
$83,165 Avg monthly ▲ 6.6% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $396,609/yr est. net Click for cost model
$992k–$998k Est. acquisition range 1.00× 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): $2,217,722 – $3,991,900/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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No Frills Grill is a mixed-beverage licensed establishment at 1550 EASTCHASE PKWY STE 1200, Fort Worth, Texas (TABC MB466545). Over the most recent 12 months it reported $997,975 in gross alcohol sales, averaging $83,165/month with a best month of $92,586. Sales mix: ~55% liquor · 44% beer · 2% wine. The building at this address is owned by NO FRILLS GRILL INC $49,466 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $396,609 (~40% margin). Acquisition value is estimated at $992k–$998k 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
$997,975
Avg monthly
$83,165
Best month
$92,586
Mar 2026
Sales mix
55% Liq
44% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID11175117
Property owner (landlord)NO FRILLS GRILL INC
No Frills Grill's footprint estimated — suite-level not on file 3,500 sf
Assessed value$49,466

No Frills Grill's share

Est. base rent ~$1/sqft/yr · 3,500 sqft · Class C $260/mo
NNN CAM / insurance$39/mo
NNN property tax$49/mo
Personal property tax est — no BPP record $200/mo
Total occupancy $548/mo

Occupancy analysis

All-in occupancy cost is 0.7% 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 $997,975 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$997,975
COGS (24%)−$239,514
Labor (14%)−$139,716
Occupancy−$5,915
TX MB gross tax (6.7%)−$66,864
Utilities / ins / mktg (8%)−$79,838
Card surcharge net+$10,978
Net profit $477,105
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$997,975
COGS (27%)−$269,453
Labor (17%)−$169,656
Occupancy−$6,573
TX MB gross tax (6.7%)−$66,864
Utilities / ins / mktg (10%)−$99,798
Card surcharge net+$10,978
Net profit $396,609
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$997,975
COGS (30%)−$299,392
Labor (22%)−$219,554
Occupancy−$7,230
TX MB gross tax (6.7%)−$66,864
Utilities / ins / mktg (12%)−$119,757
Card surcharge net+$10,978
Net profit $296,155
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 No Frills Grill INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $396,609/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 (~$396,609 net) estimated

Revenue multiple
$499k–$798k
0.5–0.8× gross
SDE multiple
$992k–$1.39M
2.5–3.5× earnings
Cap rate
$1.20M–$1.59M
25–33%
Suggested range
$992k–$998k
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 $2,217,722–$3,991,900/yr in total revenue (your liquor portion of $997,975 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
$2,218k–$3,992k
food + liquor + service
Estimated net (10–15%)
$222k–$599k
restaurant margin
Full-business value
$610k–$2,196k
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 2026-06-25

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