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Financials

MB805274
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Hooters

7669 BOULEVARD 26, North Richland Hills, TX 76180 · TABC MB805274

Mixed Beverage North Richland Hills Market Enriched 2026-09-12
$496,702 Annual gross (L12M) ▼ 100.0% latest MoM Click for monthly detail
$45,155 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $111,261/yr est. net Click for cost model
$278k–$389k 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): $709,574 – $993,404/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

Hooters is a mixed-beverage licensed establishment at 7669 BOULEVARD 26, North Richland Hills, Texas (TABC MB805274). Over the most recent 12 months it reported $496,702 in gross alcohol sales, averaging $45,155/month with a best month of $51,937. Sales mix: ~27% liquor · 72% beer · 0% wine. The building at this address is owned by NRH INVESTORS LLC (4,922 sqft, $1,612,600 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $111,261 (~22% margin). Acquisition value is estimated at $278k–$389k 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
$496,702
Avg monthly
$45,155
Best month
$51,937
Nov 2025
Sales mix
27% Liq
72% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID06200125
Property owner (landlord)NRH INVESTORS LLC
Total building SF4,922
Assessed value$1,612,600

Hooters's share

Est. base rent ~$24/sqft/yr · 2,500 sqft · Class A $4,990/mo
NNN CAM / insurance$748/mo
NNN property tax$1,613/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $7,451/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 $496,702 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$496,702
COGS (24%)−$119,208
Labor (14%)−$69,538
Occupancy−$80,466
TX MB gross tax (6.7%)−$33,279
Utilities / ins / mktg (8%)−$39,736
Card surcharge net+$5,464
Net profit $159,938
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$496,702
COGS (27%)−$134,110
Labor (17%)−$84,439
Occupancy−$89,406
TX MB gross tax (6.7%)−$33,279
Utilities / ins / mktg (10%)−$49,670
Card surcharge net+$5,464
Net profit $111,261
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$496,702
COGS (30%)−$149,011
Labor (22%)−$109,274
Occupancy−$98,347
TX MB gross tax (6.7%)−$33,279
Utilities / ins / mktg (12%)−$59,604
Card surcharge net+$5,464
Net profit $52,650
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 Tw Restaurant Holder LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $111,261/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 (~$111,261 net) estimated

Revenue multiple
$248k–$397k
0.5–0.8× gross
SDE multiple
$278k–$389k
2.5–3.5× earnings
Cap rate
$337k–$445k
25–33%
Suggested range
$278k–$389k
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

20 cases on file · 18 currently open · public records

20 federal cases
18 currently open
18 bankruptcy
1 wage-and-hour
Most recent filing
Hooters of America, LLC and Wind-Down Entities - Adversary Proceeding
TXNB · 2025-06-17 · CLOSED
Public records, last checked 2026-05-22