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Financials

MB200102381
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No Vacancy

2811 BLEDSOE ST STE 200, Fort Worth, TX 76107 · TABC MB200102381

Mixed Beverage Fort Worth Market Enriched 2026-06-15
$973,096 Annual gross (L12M) ▲ 39.9% latest MoM Click for monthly detail
$108,122 Avg monthly ▲ 9.0% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $389,795/yr est. net Click for cost model
$974k–$973k Est. acquisition range 1.00× 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): $973,096 – $1,081,218/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

No Vacancy is a mixed-beverage licensed establishment at 2811 BLEDSOE ST STE 200, Fort Worth, Texas (TABC MB200102381). Over the most recent 12 months it reported $973,096 in gross alcohol sales, averaging $108,122/month with a best month of $137,904. Sales mix: ~66% liquor · 21% beer · 13% wine. The building at this address is owned by THE BLEDSOE CREW INC $11,850 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $389,795 (~40% margin). Acquisition value is estimated at $974k–$973k 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
$973,096
Avg monthly
$108,122
Best month
$137,904
Oct 2025
Sales mix
66% Liq
21% Beer · 13% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID14932551
Property owner (landlord)THE BLEDSOE CREW INC
No Vacancy's footprint estimated — suite-level not on file 3,500 sf
Assessed value$11,850

No Vacancy's share

Est. base rent ~$0/sqft/yr · 3,500 sqft · Class C $62/mo
NNN CAM / insurance$9/mo
NNN property tax$12/mo
Personal property tax est — no BPP record $195/mo
Total occupancy $278/mo

Occupancy analysis

All-in occupancy cost is 0.3% 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 $973,096 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$973,096
COGS (24%)−$233,543
Labor (14%)−$136,233
Occupancy−$3,003
TX MB gross tax (6.7%)−$65,197
Utilities / ins / mktg (8%)−$77,848
Card surcharge net+$10,704
Net profit $467,976
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$973,096
COGS (27%)−$262,736
Labor (17%)−$165,426
Occupancy−$3,336
TX MB gross tax (6.7%)−$65,197
Utilities / ins / mktg (10%)−$97,310
Card surcharge net+$10,704
Net profit $389,795
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$973,096
COGS (30%)−$291,929
Labor (22%)−$214,081
Occupancy−$3,670
TX MB gross tax (6.7%)−$65,197
Utilities / ins / mktg (12%)−$116,772
Card surcharge net+$10,704
Net profit $292,151
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 Vimarating LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $389,795/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 (~$389,795 net) estimated

Revenue multiple
$487k–$778k
0.5–0.8× gross
SDE multiple
$974k–$1.36M
2.5–3.5× earnings
Cap rate
$1.18M–$1.56M
25–33%
Suggested range
$974k–$973k
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 2026-07-07

Lookup pending — check back tomorrow

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