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Financials

RM754179
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Brick & Forge Tap Room

2901 E CENTRAL TEXAS EXPY, Killeen, TX 76543 · TABC RM754179

Mixed Beverage Killeen Market Enriched 2026-08-30
$553,014 Annual gross (L12M) ▼ 11.9% latest MoM Click for monthly detail
$46,084 Avg monthly ▼ 15.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $155,369/yr est. net Click for cost model
$388k–$544k Est. acquisition range 0.84× 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 Beer Bar, liquor is typically only 90–98% of total business revenue. Beer-only, minimal food. Estimated total revenue (rough): $564,300 – $614,460/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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Brick & Forge Tap Room is a mixed-beverage licensed establishment at 2901 E CENTRAL TEXAS EXPY, Killeen, Texas (TABC RM754179). Over the most recent 12 months it reported $553,014 in gross alcohol sales, averaging $46,084/month with a best month of $52,668. Sales mix: ~52% liquor · 45% beer · 3% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $155,369 (~28% margin). Acquisition value is estimated at $388k–$544k 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
$553,014
Avg monthly
$46,084
Best month
$52,668
Mar 2026
Sales mix
52% Liq
45% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$4,839/mo
NNN CAM / insurance$726/mo
Total occupancy$5,671/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $553,014 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$553,014
COGS (24%)−$132,723
Labor (14%)−$77,422
Occupancy−$61,244
TX MB gross tax (6.7%)−$37,052
Utilities / ins / mktg (8%)−$44,241
Card surcharge net+$6,083
Net profit $206,415
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$553,014
COGS (27%)−$149,314
Labor (17%)−$94,012
Occupancy−$68,048
TX MB gross tax (6.7%)−$37,052
Utilities / ins / mktg (10%)−$55,301
Card surcharge net+$6,083
Net profit $155,369
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$553,014
COGS (30%)−$165,904
Labor (22%)−$121,663
Occupancy−$74,853
TX MB gross tax (6.7%)−$37,052
Utilities / ins / mktg (12%)−$66,362
Card surcharge net+$6,083
Net profit $93,263
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 Pizza Pro Of Diboll INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $155,369/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 (~$155,369 net) estimated

Revenue multiple
$277k–$442k
0.5–0.8× gross
SDE multiple
$388k–$544k
2.5–3.5× earnings
Cap rate
$471k–$621k
25–33%
Suggested range
$388k–$544k
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 2026-05-26

Lookup pending — check back tomorrow

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