← Rockfish Seafood & Grill /

Financials

RM881573
Dashboard › Rockfish Seafood & Grill › Financial Intelligence

Rockfish Seafood & Grill

4740 STATE HIGHWAY 121 STE 400, Lewisville, TX 75056 · TABC RM881573

Mixed Beverage Lewisville Market Enriched 2026-08-12
$169,812 Annual gross (L12M) ▼ 12.8% latest MoM Click for monthly detail
$14,151 Avg monthly ▲ 3.5% latest vs avg Click for monthly detail
~19% Est. net margin (likely) $32,237/yr est. net Click for cost model
$85k–$113k 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 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): $377,360 – $679,248/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Rockfish Seafood & Grill My bars

Executive Summary

Click to expand full narrative

Rockfish Seafood & Grill is a mixed-beverage licensed establishment at 4740 STATE HIGHWAY 121 STE 400, Lewisville, Texas (TABC RM881573). Over the most recent 12 months it reported $169,812 in gross alcohol sales, averaging $14,151/month with a best month of $18,665. Sales mix: ~56% liquor · 23% beer · 20% wine. The building at this address is owned by REDDY N REDDY 121 LLC (35,269 sqft, $3,631,631 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $32,237 (~19% margin). Acquisition value is estimated at $85k–$113k 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
$169,812
Avg monthly
$14,151
Best month
$18,665
Mar 2026
Sales mix
56% Liq
23% Beer · 20% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID978987
Property owner (landlord)REDDY N REDDY 121 LLC
Total building SF whole parcel — Rockfish Seafood & Grill is in STE 40035,269
Rockfish Seafood & Grill's footprint estimated — suite-level not on file 2,500 sf
Assessed value$3,631,631

Rockfish Seafood & Grill's share

Est. base rent ~$10/sqft/yr · 2,500 sqft · Class B $2,145/mo
NNN CAM / insurance$322/mo
NNN property tax$472/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $3,031/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 $169,812 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~29%
Revenue$169,812
COGS (24%)−$40,755
Labor (14%)−$23,774
Occupancy−$32,730
TX MB gross tax (6.7%)−$11,377
Utilities / ins / mktg (8%)−$13,585
Card surcharge net+$1,868
Net profit $49,459
Most Likely
Typical bar, light food program, full two-shift staffing
~19%
Revenue$169,812
COGS (27%)−$45,849
Labor (17%)−$28,868
Occupancy−$36,367
TX MB gross tax (6.7%)−$11,377
Utilities / ins / mktg (10%)−$16,981
Card surcharge net+$1,868
Net profit $32,237
Stressed
Heavy food, larger crew, higher rent
~7%
Revenue$169,812
COGS (30%)−$50,944
Labor (22%)−$37,359
Occupancy−$40,004
TX MB gross tax (6.7%)−$11,377
Utilities / ins / mktg (12%)−$20,377
Card surcharge net+$1,868
Net profit $11,619
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 Rockfish Beverage Corporation INC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $32,237/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 (~$32,237 net) estimated

Revenue multiple
$85k–$136k
0.5–0.8× gross
SDE multiple
$81k–$113k
2.5–3.5× earnings
Cap rate
$98k–$129k
25–33%
Suggested range
$85k–$113k
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 $377,360–$679,248/yr in total revenue (your liquor portion of $169,812 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
$377k–$679k
food + liquor + service
Estimated net (10–15%)
$38k–$102k
restaurant margin
Full-business value
$104k–$374k
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 2026-05-31

No federal lawsuits — past or pending