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RM1005994
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Fish City Grill

7170 SKILLMAN ST # 100, Dallas, TX 75231 · TABC RM1005994

Mixed Beverage Dallas Market Enriched 2026-07-09
$332,596 Annual gross (L12M) ▲ 10.7% latest MoM Click for monthly detail
$27,716 Avg monthly ▲ 14.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $74,502/yr est. net Click for cost model
$186k–$261k 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 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): $739,102 – $1,330,384/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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Fish City Grill is a mixed-beverage licensed establishment at 7170 SKILLMAN ST # 100, Dallas, Texas (TABC RM1005994). Over the most recent 12 months it reported $332,596 in gross alcohol sales, averaging $27,716/month with a best month of $33,064. Sales mix: ~46% liquor · 16% beer · 38% wine. The building at this address is owned by GRI LAKE HIGHLANDS LLC (87,368 sqft, $20,775,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $74,502 (~22% margin). Acquisition value is estimated at $186k–$261k 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
$332,596
Avg monthly
$27,716
Best month
$33,064
Mar 2026
Sales mix
46% Liq
16% Beer · 38% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID008125000C0010000
Property owner (landlord)GRI LAKE HIGHLANDS LLC
Total building SF87,368
Assessed value$20,775,000

Fish City Grill's share

Est. base rent ~$14/sqft/yr · 2,500 sqft · Class A $2,906/mo
NNN CAM / insurance$436/mo
NNN property tax$1,189/mo
Personal property tax own fixtures · Prop 99181120640000000 $458/mo
Total occupancy $4,989/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 $332,596 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$332,596
COGS (24%)−$79,823
Labor (14%)−$46,563
Occupancy−$53,881
TX MB gross tax (6.7%)−$22,284
Utilities / ins / mktg (8%)−$26,608
Card surcharge net+$3,659
Net profit $107,096
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$332,596
COGS (27%)−$89,801
Labor (17%)−$56,541
Occupancy−$59,867
TX MB gross tax (6.7%)−$22,284
Utilities / ins / mktg (10%)−$33,260
Card surcharge net+$3,659
Net profit $74,502
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$332,596
COGS (30%)−$99,779
Labor (22%)−$73,171
Occupancy−$65,854
TX MB gross tax (6.7%)−$22,284
Utilities / ins / mktg (12%)−$39,912
Card surcharge net+$3,659
Net profit $35,255
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 Fcg Lake Highlands LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $74,502/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 (~$74,502 net) estimated

Revenue multiple
$166k–$266k
0.5–0.8× gross
SDE multiple
$186k–$261k
2.5–3.5× earnings
Cap rate
$226k–$298k
25–33%
Suggested range
$186k–$261k
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 $739,102–$1,330,384/yr in total revenue (your liquor portion of $332,596 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
$739k–$1,330k
food + liquor + service
Estimated net (10–15%)
$74k–$200k
restaurant margin
Full-business value
$203k–$732k
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 2026-06-04

Lookup pending — check back tomorrow

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