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Financials

MB671562
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Water Hole

3620 RAIDER DR, Hurst, TX 76053 · TABC MB671562

Mixed Beverage Hurst Market Enriched 2026-07-11
$546,076 Annual gross (L12M) ▲ 8.2% latest MoM Click for monthly detail
$45,506 Avg monthly ▲ 8.5% latest vs avg Click for monthly detail
~33% Est. net margin (likely) $181,123/yr est. net Click for cost model
$453k–$546k Est. acquisition range 0.91× 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): $546,076 – $606,751/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Water Hole is a mixed-beverage licensed establishment at 3620 RAIDER DR, Hurst, Texas (TABC MB671562). Over the most recent 12 months it reported $546,076 in gross alcohol sales, averaging $45,506/month with a best month of $53,775. Sales mix: ~65% liquor · 35% beer · 1% wine. The building at this address is owned by WH RAIDER LAND GROUP LLC (4,000 sqft, $372,275 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $181,123 (~33% margin). Acquisition value is estimated at $453k–$546k 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
$546,076
Avg monthly
$45,506
Best month
$53,775
Jul 2025
Sales mix
65% Liq
35% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID04646878
Property owner (landlord)WH RAIDER LAND GROUP LLC
Total building SF4,000
Assessed value$372,275

Water Hole's share

Est. base rent ~$8/sqft/yr · 3,500 sqft · Class C $2,443/mo
NNN CAM / insurance$366/mo
NNN property tax$372/mo
Personal property tax est — no BPP record $109/mo
Total occupancy $3,291/mo

Occupancy analysis

All-in occupancy cost is 7.2% 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 $546,076 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~42%
Revenue$546,076
COGS (24%)−$131,058
Labor (14%)−$76,451
Occupancy−$35,543
TX MB gross tax (6.7%)−$36,587
Utilities / ins / mktg (8%)−$43,686
Card surcharge net+$6,007
Net profit $228,758
Most Likely
Typical bar, light food program, full two-shift staffing
~33%
Revenue$546,076
COGS (27%)−$147,441
Labor (17%)−$92,833
Occupancy−$39,492
TX MB gross tax (6.7%)−$36,587
Utilities / ins / mktg (10%)−$54,608
Card surcharge net+$6,007
Net profit $181,123
Stressed
Heavy food, larger crew, higher rent
~22%
Revenue$546,076
COGS (30%)−$163,823
Labor (22%)−$120,137
Occupancy−$43,441
TX MB gross tax (6.7%)−$36,587
Utilities / ins / mktg (12%)−$65,529
Card surcharge net+$6,007
Net profit $122,566
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 3620 Waterhole LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $181,123/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 (~$181,123 net) estimated

Revenue multiple
$273k–$437k
0.5–0.8× gross
SDE multiple
$453k–$634k
2.5–3.5× earnings
Cap rate
$549k–$724k
25–33%
Suggested range
$453k–$546k
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 2026-09-15

No federal lawsuits — past or pending