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Financials

MB103336849
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Studio 80

500 TAYLOR ST STE 405, Fort Worth, TX 76102 · TABC MB103336849

Mixed Beverage Fort Worth Market Enriched 2026-05-24
$1,913,699 Annual gross (L12M) ▲ 15.3% latest MoM Click for monthly detail
$159,475 Avg monthly ▲ 1.1% latest vs avg Click for monthly detail
~35% Est. net margin (likely) $672,423/yr est. net Click for cost model
$1,681k–$1,914k Est. acquisition range 0.94× 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 Music Venue, liquor is typically only 60–85% of total business revenue. Bar + ticket revenue. Estimated total revenue (rough): $2,251,411 – $3,189,498/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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Studio 80 is a mixed-beverage licensed establishment at 500 TAYLOR ST STE 405, Fort Worth, Texas (TABC MB103336849). Over the most recent 12 months it reported $1,913,699 in gross alcohol sales, averaging $159,475/month with a best month of $189,984. Sales mix: ~72% liquor · 27% beer · 2% wine. The building at this address is owned by WILLIAMSON-DICKIE MFG CO LLC $756,837 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $672,423 (~35% margin). Acquisition value is estimated at $1,681k–$1,914k 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
$1,913,699
Avg monthly
$159,475
Best month
$189,984
Feb 2026
Sales mix
72% Liq
27% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID08226520
Property owner (landlord)WILLIAMSON-DICKIE MFG CO LLC
Studio 80's footprint estimated — suite-level not on file 5,000 sf
Assessed value$756,837

Studio 80's share

Est. base rent ~$15/sqft/yr · 5,000 sqft · Class B $6,307/mo
NNN CAM / insurance$946/mo
NNN property tax$757/mo
Personal property tax est — no BPP record $383/mo
Total occupancy $8,393/mo

Occupancy analysis

All-in occupancy cost is 5.3% 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 $1,913,699 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~44%
Revenue$1,913,699
COGS (24%)−$459,288
Labor (14%)−$267,918
Occupancy−$90,640
TX MB gross tax (6.7%)−$128,218
Utilities / ins / mktg (8%)−$153,096
Card surcharge net+$21,051
Net profit $835,590
Most Likely
Typical bar, light food program, full two-shift staffing
~35%
Revenue$1,913,699
COGS (27%)−$516,699
Labor (17%)−$325,329
Occupancy−$100,711
TX MB gross tax (6.7%)−$128,218
Utilities / ins / mktg (10%)−$191,370
Card surcharge net+$21,051
Net profit $672,423
Stressed
Heavy food, larger crew, higher rent
~25%
Revenue$1,913,699
COGS (30%)−$574,110
Labor (22%)−$421,014
Occupancy−$110,782
TX MB gross tax (6.7%)−$128,218
Utilities / ins / mktg (12%)−$229,644
Card surcharge net+$21,051
Net profit $470,982
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 Rci Dining Services (Vee) INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $672,423/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 (~$672,423 net) estimated

Revenue multiple
$957k–$1.53M
0.5–0.8× gross
SDE multiple
$1.68M–$2.35M
2.5–3.5× earnings
Cap rate
$2.04M–$2.69M
25–33%
Suggested range
$1,681k–$1,914k
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 2026-06-02

Lookup pending — check back tomorrow

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