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RM935839
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Fish City Grill

1415 E RENNER RD # 260, Richardson, TX 75082 · TABC RM935839

Mixed Beverage Richardson Market Enriched 2026-08-21
$421,916 Annual gross (L12M) ▼ 17.5% latest MoM Click for monthly detail
$35,160 Avg monthly ▼ 11.7% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $118,458/yr est. net Click for cost model
$296k–$415k 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 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): $937,591 – $1,687,664/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 1415 E RENNER RD # 260, Richardson, Texas (TABC RM935839). Over the most recent 12 months it reported $421,916 in gross alcohol sales, averaging $35,160/month with a best month of $42,216. Sales mix: ~54% liquor · 16% beer · 31% wine. The building at this address is owned by TCG RENNER ROAD INVESTORS LLC (4,588 sqft, $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $118,458 (~28% margin). Acquisition value is estimated at $296k–$415k 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
$421,916
Avg monthly
$35,160
Best month
$42,216
Mar 2026
Sales mix
54% Liq
16% Beer · 31% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2742275
Property owner (landlord)TCG RENNER ROAD INVESTORS LLC
Total building SF4,588
Assessed value$0

Fish City Grill's share

Est. base rent ~$18/sqft/yr · 2,500 sqft $3,692/mo
NNN CAM / insurance$554/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $88/mo
Total occupancy $4,333/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $421,916 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$421,916
COGS (24%)−$101,260
Labor (14%)−$59,068
Occupancy−$46,797
TX MB gross tax (6.7%)−$28,268
Utilities / ins / mktg (8%)−$33,753
Card surcharge net+$4,641
Net profit $157,411
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$421,916
COGS (27%)−$113,917
Labor (17%)−$71,726
Occupancy−$51,996
TX MB gross tax (6.7%)−$28,268
Utilities / ins / mktg (10%)−$42,192
Card surcharge net+$4,641
Net profit $118,458
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$421,916
COGS (30%)−$126,575
Labor (22%)−$92,822
Occupancy−$57,196
TX MB gross tax (6.7%)−$28,268
Utilities / ins / mktg (12%)−$50,630
Card surcharge net+$4,641
Net profit $71,066
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 Cityline LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $118,458/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 (~$118,458 net) estimated

Revenue multiple
$211k–$338k
0.5–0.8× gross
SDE multiple
$296k–$415k
2.5–3.5× earnings
Cap rate
$359k–$474k
25–33%
Suggested range
$296k–$415k
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 $937,591–$1,687,664/yr in total revenue (your liquor portion of $421,916 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
$938k–$1,688k
food + liquor + service
Estimated net (10–15%)
$94k–$253k
restaurant margin
Full-business value
$258k–$928k
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 2026-07-05

Lookup pending — check back tomorrow

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