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Buffalo Wild Wings Grill & Bar #196

5601 S HULEN ST, Fort Worth, TX 76132 · TABC MB696446

Mixed Beverage Fort Worth Market Enriched 2026-09-11
$312,412 Annual gross (L12M) ▲ 8.9% latest MoM Click for monthly detail
$26,034 Avg monthly ▲ 0.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $69,980/yr est. net Click for cost model
$175k–$245k Est. acquisition range 0.67× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $446,303 – $624,824/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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Buffalo Wild Wings Grill & Bar #196 is a mixed-beverage licensed establishment at 5601 S HULEN ST, Fort Worth, Texas (TABC MB696446). Over the most recent 12 months it reported $312,412 in gross alcohol sales, averaging $26,034/month with a best month of $33,194. Sales mix: ~34% liquor · 65% beer · 1% wine. The building at this address is owned by EDWARDS, C O TR ETAL (7,830 sqft, $3,044,062 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $69,980 (~22% margin). Acquisition value is estimated at $175k–$245k 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
$312,412
Avg monthly
$26,034
Best month
$33,194
Oct 2025
Sales mix
34% Liq
65% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID06196209
Property owner (landlord)EDWARDS, C O TR ETAL
Total building SF7,830
Assessed value$3,044,062

Buffalo Wild Wings Grill & Bar #196's share

Est. base rent ~$11/sqft/yr · 2,500 sqft · Class A $2,298/mo
NNN CAM / insurance$345/mo
NNN property tax$1,944/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,686/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 $312,412 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$312,412
COGS (24%)−$74,979
Labor (14%)−$43,738
Occupancy−$50,611
TX MB gross tax (6.7%)−$20,932
Utilities / ins / mktg (8%)−$24,993
Card surcharge net+$3,437
Net profit $100,597
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$312,412
COGS (27%)−$84,351
Labor (17%)−$53,110
Occupancy−$56,234
TX MB gross tax (6.7%)−$20,932
Utilities / ins / mktg (10%)−$31,241
Card surcharge net+$3,437
Net profit $69,980
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$312,412
COGS (30%)−$93,724
Labor (22%)−$68,731
Occupancy−$61,858
TX MB gross tax (6.7%)−$20,932
Utilities / ins / mktg (12%)−$37,489
Card surcharge net+$3,437
Net profit $33,116
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 Texas Bww Restaurants INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $69,980/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 (~$69,980 net) estimated

Revenue multiple
$156k–$250k
0.5–0.8× gross
SDE multiple
$175k–$245k
2.5–3.5× earnings
Cap rate
$212k–$280k
25–33%
Suggested range
$175k–$245k
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.