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Financials

MB102818998
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Fred's Texas North

2730 WESTERN CENTER BLVD STE 400, Fort Worth, TX 76131 · TABC MB102818998

Mixed Beverage Fort Worth Market Enriched 2026-07-10
$602,885 Annual gross (L12M) ▲ 4.7% latest MoM Click for monthly detail
$50,240 Avg monthly ▼ 5.7% latest vs avg Click for monthly detail
~19% Est. net margin (likely) $114,685/yr est. net Click for cost model
$301k–$401k Est. acquisition range 0.58× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $602,885 – $669,872/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

Fred's Texas North is a mixed-beverage licensed establishment at 2730 WESTERN CENTER BLVD STE 400, Fort Worth, Texas (TABC MB102818998). Over the most recent 12 months it reported $602,885 in gross alcohol sales, averaging $50,240/month with a best month of $59,771. Sales mix: ~44% liquor · 54% beer · 1% wine. The building at this address is owned by PAULINE DORSETT REVOCABLE TRUS (9,961 sqft, $2,238,735 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $114,685 (~19% margin). Acquisition value is estimated at $301k–$401k 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
$602,885
Avg monthly
$50,240
Best month
$59,771
Sep 2025
Sales mix
44% Liq
54% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID41520394
Property owner (landlord)PAULINE DORSETT REVOCABLE TRUS
Total building SF whole parcel — Fred's Texas North is in STE 4009,961
Fred's Texas North's footprint estimated — suite-level not on file 3,500 sf
Assessed value$2,238,735

Fred's Texas North's share

Est. base rent ~$27/sqft/yr · 3,500 sqft · Class A $7,866/mo
NNN CAM / insurance$1,180/mo
NNN property tax$1,573/mo
Personal property tax est — no BPP record $121/mo
Total occupancy $10,740/mo

Occupancy analysis

All-in occupancy cost is 21.4% 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 $602,885 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~29%
Revenue$602,885
COGS (24%)−$144,692
Labor (14%)−$84,404
Occupancy−$115,992
TX MB gross tax (6.7%)−$40,393
Utilities / ins / mktg (8%)−$48,231
Card surcharge net+$6,632
Net profit $175,804
Most Likely
Typical bar, light food program, full two-shift staffing
~19%
Revenue$602,885
COGS (27%)−$162,779
Labor (17%)−$102,490
Occupancy−$128,880
TX MB gross tax (6.7%)−$40,393
Utilities / ins / mktg (10%)−$60,288
Card surcharge net+$6,632
Net profit $114,685
Stressed
Heavy food, larger crew, higher rent
~7%
Revenue$602,885
COGS (30%)−$180,866
Labor (22%)−$132,635
Occupancy−$141,768
TX MB gross tax (6.7%)−$40,393
Utilities / ins / mktg (12%)−$72,346
Card surcharge net+$6,632
Net profit $41,509
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 Freds Texas North LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $114,685/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 (~$114,685 net) estimated

Revenue multiple
$301k–$482k
0.5–0.8× gross
SDE multiple
$287k–$401k
2.5–3.5× earnings
Cap rate
$348k–$459k
25–33%
Suggested range
$301k–$401k
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 2026-06-26

Lookup pending — check back tomorrow

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