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Financials

N 893318
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Rack & Tap Sports Bar & Grill

101 E SOUTHWEST PKWY STE 120, Lewisville, TX 75067 · TABC N 893318

Mixed Beverage Lewisville Market Enriched 2026-07-11
$504,926 Annual gross (L12M) ▲ 18.4% latest MoM Click for monthly detail
$42,077 Avg monthly ▲ 23.4% latest vs avg Click for monthly detail
~37% Est. net margin (likely) $187,927/yr est. net Click for cost model
$470k–$505k Est. acquisition range 0.97× 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): $1,122,058 – $2,019,704/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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Rack & Tap Sports Bar & Grill is a mixed-beverage licensed establishment at 101 E SOUTHWEST PKWY STE 120, Lewisville, Texas (TABC N 893318). Over the most recent 12 months it reported $504,926 in gross alcohol sales, averaging $42,077/month with a best month of $51,936. Sales mix: ~70% liquor · 29% beer · 1% wine. The building at this address is owned by SOUTHWEST PARKWAY PLAZA J/V (131,844 sqft, $4,487,969 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $187,927 (~37% margin). Acquisition value is estimated at $470k–$505k 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
$504,926
Avg monthly
$42,077
Best month
$51,936
May 2026
Sales mix
70% Liq
29% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID122058
Property owner (landlord)SOUTHWEST PARKWAY PLAZA J/V
Total building SF whole parcel — Rack & Tap Sports Bar & Grill is in STE 120131,844
Rack & Tap Sports Bar & Grill's footprint estimated — suite-level not on file 3,500 sf
Assessed value$4,487,969

Rack & Tap Sports Bar & Grill's share

Est. base rent ~$3/sqft/yr · 3,500 sqft · Class C $894/mo
NNN CAM / insurance$134/mo
NNN property tax$218/mo
Personal property tax est — no BPP record $93/mo
Total occupancy $1,339/mo

Occupancy analysis

All-in occupancy cost is 3.2% 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 $504,926 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~46%
Revenue$504,926
COGS (24%)−$121,182
Labor (14%)−$70,690
Occupancy−$14,457
TX MB gross tax (6.7%)−$33,830
Utilities / ins / mktg (8%)−$40,394
Card surcharge net+$5,554
Net profit $229,928
Most Likely
Typical bar, light food program, full two-shift staffing
~37%
Revenue$504,926
COGS (27%)−$136,330
Labor (17%)−$85,837
Occupancy−$16,063
TX MB gross tax (6.7%)−$33,830
Utilities / ins / mktg (10%)−$50,493
Card surcharge net+$5,554
Net profit $187,927
Stressed
Heavy food, larger crew, higher rent
~27%
Revenue$504,926
COGS (30%)−$151,478
Labor (22%)−$111,084
Occupancy−$17,669
TX MB gross tax (6.7%)−$33,830
Utilities / ins / mktg (12%)−$60,591
Card surcharge net+$5,554
Net profit $135,828
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 Rtsbg Private Club INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $187,927/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 (~$187,927 net) estimated

Revenue multiple
$252k–$404k
0.5–0.8× gross
SDE multiple
$470k–$658k
2.5–3.5× earnings
Cap rate
$569k–$752k
25–33%
Suggested range
$470k–$505k
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 $1,122,058–$2,019,704/yr in total revenue (your liquor portion of $504,926 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
$1,122k–$2,020k
food + liquor + service
Estimated net (10–15%)
$112k–$303k
restaurant margin
Full-business value
$309k–$1,111k
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 2026-07-29

No federal lawsuits — past or pending