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RM1030383
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Railhead Smokehouse

120 S RANCH HOUSE RD, Willow Park, TX 76008 · TABC RM1030383

Mixed Beverage Willow Park Market Enriched 2026-07-10
$665,682 Annual gross (L12M) ▲ 5.8% latest MoM Click for monthly detail
$55,474 Avg monthly ▼ 9.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $187,023/yr est. net Click for cost model
$468k–$655k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
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Executive Summary

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Railhead Smokehouse is a mixed-beverage licensed establishment at 120 S RANCH HOUSE RD, Willow Park, Texas (TABC RM1030383). Over the most recent 12 months it reported $665,682 in gross alcohol sales, averaging $55,474/month with a best month of $64,610. Sales mix: ~28% liquor · 66% beer · 5% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $187,023 (~28% margin). Acquisition value is estimated at $468k–$655k 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
$665,682
Avg monthly
$55,474
Best month
$64,610
Aug 2025
Sales mix
28% Liq
66% Beer · 5% 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)$5,825/mo
NNN CAM / insurance$874/mo
Total occupancy$6,826/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 $665,682 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$665,682
COGS (24%)−$159,764
Labor (14%)−$93,195
Occupancy−$73,721
TX MB gross tax (6.7%)−$44,601
Utilities / ins / mktg (8%)−$53,255
Card surcharge net+$7,323
Net profit $248,469
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$665,682
COGS (27%)−$179,734
Labor (17%)−$113,166
Occupancy−$81,912
TX MB gross tax (6.7%)−$44,601
Utilities / ins / mktg (10%)−$66,568
Card surcharge net+$7,323
Net profit $187,023
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$665,682
COGS (30%)−$199,705
Labor (22%)−$146,450
Occupancy−$90,103
TX MB gross tax (6.7%)−$44,601
Utilities / ins / mktg (12%)−$79,882
Card surcharge net+$7,323
Net profit $112,264
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 Persimmon Hill Bbq LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $187,023/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 (~$187,023 net) estimated

Revenue multiple
$333k–$533k
0.5–0.8× gross
SDE multiple
$468k–$655k
2.5–3.5× earnings
Cap rate
$567k–$748k
25–33%
Suggested range
$468k–$655k
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 2026-07-14

Lookup pending — check back tomorrow

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