322 S PARK BLVD UNIT 2, Grapevine, TX 76051 · TABC RM1099414
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Wise Guys Pizzeria is a mixed-beverage licensed establishment at 322 S PARK BLVD UNIT 2, Grapevine, Texas (TABC RM1099414). Over the most recent 12 months it reported $104,238 in gross alcohol sales, averaging $8,686/month with a best month of $9,503. Sales mix: ~19% liquor · 67% beer · 13% wine. The building at this address is owned by PARK WEST TT OWNER LLC (23,799 sqft, $5,823,675 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $23,349 (~22% margin). Acquisition value is estimated at $58k–$82k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Wise Guys Pizzeria's share
All-in occupancy cost is 18.0% 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.
Texas bar cost model applied to $104,238 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$23,349 net) estimated
We estimate this pizza restaurant pulls $416,952–$1,042,380/yr in total revenue (your liquor portion of $104,238 is roughly 10–25% 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).
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.
Public records · last checked 2026-06-19
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