David Baszucki Net Worth

David Alan Bubbus Net Worth: Estimate, Sources, and How to Verify

David Alan Bubbus Jr. seated inside a David's Burgers restaurant

Quick answer: what is David Alan Bubbus's net worth?

Minimal office scene with a smartphone showing a blurred web page-like snippet and a cash envelope nearby

Based on publicly available signals reviewed as of March 2026, David Alan Bubbus Jr. has an estimated net worth in the range of $2 million to $8 million. That range reflects his role as the founder and operating owner of David's Burgers, a multi-location Arkansas restaurant brand, combined with documented commercial real estate activity and at least one other business entity. Because he is a private individual and no certified financial disclosures exist in the public record, this figure is an evidence-based estimate, not a confirmed figure. The true number could sit outside this range depending on business debt load, lease obligations, and undisclosed assets.

Who is David Alan Bubbus, and why disambiguation matters here

Getting the right person pinned down before estimating net worth is essential, especially when a name is uncommon but not unique. Several data points converge on a single individual: David Alan Bubbus Jr., an Arkansas-based restaurateur. The Arkansas Times first documented him in February 2012 as a co-owner of David's Burgers, noting he was 31 years old at the time and had trained under his father, David Bubbus Sr. That same source identified him again in December 2023 and twice in early 2025 in connection with a controversial slaughterhouse application in North Little Rock. Arkansas Money & Politics and the official David's Burgers website consistently use the full name David Alan Bubbus Jr. for the same individual.

There are at least two other public figures sharing the Bubbus surname worth noting. FloWrestling carries a profile for a David Bubbus in the wrestling context, and a 2013 FAA aircraft registration lists a "BUBBUS DAVID" in Russellville, AR, which may or may not refer to the restaurateur. The wrestling profile is almost certainly a different person. The aircraft registration is plausible as a related signal but has not been definitively confirmed as belonging to David Alan Bubbus Jr. In addition, a Coal Region Canary article from 2020 references a "David Alan Bubbas" (misspelled) on a ballot for the Little Rock Board of Directors, which, combined with a February 2015 City of Little Rock document re-appointing "David Alan Bubbus" to a planning-related board, suggests the restaurateur has had some local civic involvement under his name.

The bottom line on identity: every major media source and corporate filing from Arkansas consistently points to the same person when using the full name David Alan Bubbus or David Alan Bubbus Jr. That is the individual this profile covers.

Where his money likely comes from

Quiet storefront exterior of a David’s Burgers location with a simple parking area in Arkansas-like setting

The clearest income source is David's Burgers itself. The chain is a well-known Arkansas brand with multiple locations, and Bubbus is listed as president of at least one corporate entity, David's Burgers Maumelle, Inc. (formed November 15, 2014). Restaurant chains of this regional scale typically generate owner-level compensation through salary, profit distributions, or both. Buzzfile's modeled revenue estimate for David's Burgers, Inc. is a secondary data signal worth noting, though modeled revenue figures from aggregators like Buzzfile are estimates, not audited figures, so they should be treated as directional only.

Commercial real estate is the second major signal. In December 2020, Arkansas Business reported that Mabelvale Eat LLC, led by David Alan Bubbus, participated in a commercial acquisition tied to the Chenal Pointe deal, a transaction valued at $29.9 million in total. Bubbus's share of that transaction is not publicly broken out, but his involvement through a named LLC indicates active real estate investment beyond just running restaurants. The Homes.com property history for a Nashville, Tennessee address also lists "Bubbus David Alan" as a prior owner until October 2024, suggesting personal real estate holdings outside Arkansas as well.

Beyond those two core categories, the slaughterhouse application filed in 2025 for a property at 1600 Gregory Street in North Little Rock points to vertical integration ambitions: Bubbus appeared to be planning to bring meat processing in-house, which would represent a capital-intensive but potentially high-margin business extension for the restaurant operation. The application was withdrawn after public pushback, so it does not represent a current revenue source, but it does signal the scale of investment activity he was willing to consider.

How the net worth estimate is built

Net worth, in the practical sense used here, is total assets minus total liabilities. For a private business owner like Bubbus, that means estimating the value of his business equity, real property, and other detectable assets, then subtracting any known or likely debt obligations. Here is how each piece is handled for this profile.

Business equity

Regional restaurant chains with multiple locations and a recognized brand typically carry valuations based on a multiple of EBITDA (earnings before interest, taxes, depreciation, and amortization), often in the 3x to 6x range for private food service businesses. Without audited financials, we cannot apply that formula precisely. Instead, the estimate uses the observable footprint: multiple named corporate entities, consistent press coverage over more than a decade, and a brand recognizable enough to have survived market disruptions including the pandemic. A conservative owner equity estimate of $1 million to $4 million for the restaurant business interest is reasonable given this context, with the understanding that significant debt (equipment leases, location build-outs, food service loans) would reduce the net equity figure.

Real estate

Close-up of a house key and a single map pin on a blurred neighborhood street scene

The Chenal Pointe transaction and the Nashville property are the two documented real estate signals. The Nashville address is a residential property, and secondary records show prior ownership until late 2024, suggesting it may have been sold. The commercial acquisition in the Chenal Pointe deal could carry meaningful equity if the property appreciated, but without knowing Bubbus's exact stake or the financing structure, the net real estate contribution to his wealth is estimated at $500,000 to $2 million. This is intentionally conservative because mortgage or LLC-level debt against these assets is unknown.

Other assets and unknowns

The aircraft registration for N16137 under "BUBBUS DAVID" in Russellville, AR from December 2013 is an interesting signal. A 1976 Cessna 177B has a market value in the $30,000 to $70,000 range depending on condition. Even if this aircraft belonged to the subject or his family, it is a relatively minor asset at the net worth scale under discussion. It is included as a possible signal but not assigned significant weight.

No IRS filings, SEC EDGAR entries, or SEC adviser disclosures were found for David Alan Bubbus, which is expected for a private individual who does not manage a public company or registered investment vehicle. The absence of those records does not reduce wealth; it simply means there is no regulatory window into his finances.

Evidence checklist: the best public sources and how to use them

If you want to validate or update this estimate yourself, here are the most productive places to look and what you are actually looking for at each one.

  • Arkansas Secretary of State business filings: Search "David's Burgers" or "Bubbus" to find all active and dissolved corporate entities, their formation dates, registered agents, and officers. This tells you how many business interests are operating under his name.
  • County assessor records (Pulaski County and Saline County, Arkansas): Assessor records are free and public. Search the owner name "Bubbus" to pull any real property owned individually or through LLCs. This gives you assessed value, which typically runs below market value but is a useful floor.
  • Tennessee property records (Davidson County): The Nashville property shown in secondary databases can be verified through the Davidson County Assessor of Property, which offers a free online search by owner name.
  • FAA Aircraft Registry (registry.faa.gov): Search the surname "Bubbus" to find any current or historical aircraft registrations and the registered owner's address. This is primary-source data.
  • Arkansas court records (arcourts.gov): Judgment liens, bankruptcies, or significant civil cases would show up here and could materially affect net worth by revealing undisclosed liabilities.
  • Arkansas Business and Arkansas Times archives: Both publications have covered Bubbus and David's Burgers consistently. Monitoring these for future transactions, expansion announcements, or financial disclosures is the best way to catch updates.
  • Better Business Bureau and local chamber listings: Lower-authority signals but useful for confirming current operating locations and contact identity.

When cross-checking claims from secondary aggregators like Buzzfile or BusinessProfiles, always trace the data back to a primary source before treating it as reliable. Those platforms often pull from state filings but may show outdated officer names, estimated revenues with wide error margins, or conflated records when names are similar. For someone like David Bukzin, whose profile involves a different industry and geography, the verification process is structurally similar: start with state-level corporate filings, then layer in property records and press coverage.

Net worth range and what could move it

The working estimate of $2 million to $8 million is intentionally broad because of the uncertainty in business valuation and undisclosed liabilities. Here is what could push the number higher or lower.

FactorDirectionReasoning
David's Burgers expands to new locationsUpEach successful location adds revenue, brand equity, and franchise-like value to the overall business.
The Chenal Pointe commercial property appreciatesUpCommercial real estate in growing Arkansas markets has seen meaningful appreciation; equity gain would add directly to net worth.
Nashville property was sold at a gain in 2024UpSecondary records suggest the property left his name by late 2024; a profitable sale would add liquid assets.
High lease or debt load on restaurant locationsDownMulti-location restaurant operations often carry substantial equipment and lease obligations that erode equity.
Slaughterhouse project costs already incurredDownPermitting, legal, and design costs for the withdrawn NLR application were real expenditures with no revenue offset.
Any undisclosed judgments or liensDownWithout a court record search, this remains an unknown liability that could reduce net worth materially.
Restaurant industry headwinds or closuresDownA December 2023 Arkansas Times report noted a River Market location closure; further closures would reduce business value.

The $2 million floor assumes a modestly profitable restaurant business with meaningful debt, modest real estate equity, and no major hidden liabilities. The $8 million ceiling assumes healthy profit margins across multiple locations, significant realized or unrealized real estate gains, and a clean debt picture. Most realistic scenarios land somewhere in the middle of that range, probably in the $3 million to $5 million zone, given the documented commercial activity and the sustained operation of a recognizable regional brand over more than a decade.

It is worth keeping in mind that net worth profiles for private regional business owners are genuinely harder to pin down than those for public-company executives or celebrities. There is no annual proxy statement, no 10-K, and no mandatory wealth disclosure. The methodology here is the same one used for other private-business profiles on this site, whether that means looking at David Buicko's net worth through his real estate and construction business signals or anyone else whose wealth is primarily tied to privately held operations. The estimate is transparent about what it can and cannot confirm, and it will shift as new public records emerge.

If a major transaction, a public legal proceeding, or a media profile surfaces new financial details about David Alan Bubbus Jr., those signals would warrant revisiting this range. For now, $2 million to $8 million is the most honest, evidence-supported answer available from public data as of March 2026.

FAQ

Why does the net worth estimate cover such a wide range (about $2 million to $8 million)?

Because private-business net worth is highly sensitive to leverage. Two people can have similar restaurant revenue, but one can have much larger location debt, equipment leases, or partner loans, which sharply reduces owner equity. Without audited statements, the estimate has to bracket uncertainty in both business value and liabilities.

How can I verify whether “David Bubbus” references the same person as David Alan Bubbus Jr. in my own research?

Use identity cross-checks, not just name matching. Confirm the full name in Arkansas corporate filings or the restaurant brand’s officer listings, then tie that to consistent geography and timelines in news articles. Be especially cautious with similarly named people appearing in aviation, wrestling, or unrelated civic posts.

What are the most useful public documents to pull first if I want to tighten the estimate?

Start with Arkansas business entity filings for the restaurants and any related LLCs (officer, registered agent, formation dates). Next, look for property deeds and mortgage records that show whether the real estate was financed (debt reduces equity). Finally, review any court dockets tied to major disputes or contracts, since judgments and liens can change net worth quickly.

Do modeled revenue estimates from platforms like Buzzfile help determine net worth accurately?

They help only as a directional starting point. Modeled revenue is not audited and often misses adjustments like rent level, owner compensation, and one-time items. For net worth, revenue alone is less important than demonstrated profitability and the balance sheet terms, especially debt and lease obligations.

How do restaurant lease terms affect a net worth estimate for a private owner?

Leases can function like hidden debt. If locations are under long-term leases with remaining commitments, the business may look valuable on paper but have less owner-equity value once lease liabilities are considered. When you review records, note whether property is owned by the operating entity versus leased from another entity, since that changes where value and debt sit.

What would most likely push the net worth below $2 million?

An unfavorable debt picture. Examples include significant outstanding loans tied to restaurant build-outs, personal guarantees not obvious from public records, equipment financing, or liens arising from legal disputes. Also, if real estate was sold recently with low retained equity, that would lower the effective asset base.

What would most likely push the net worth toward the $8 million ceiling?

Strong owner equity plus meaningful retained appreciation. For example, if commercial properties acquired through an LLC were purchased with low leverage, or if there were later refinances or major value gains, owner equity could be substantially higher than conservative assumptions. Consistent profitability across multiple locations also increases the feasible valuation multiple.

Why doesn’t the absence of SEC or IRS filings prove the person is not wealthy?

Most private business owners will not appear in those datasets unless they run a public company or a regulated investment vehicle. The lack of filings mainly indicates there is no mandatory public disclosure requirement, it does not indicate low assets.

Does owning an aircraft automatically mean a meaningful bump to net worth?

Not necessarily. Even if an aircraft registration is correctly linked, the net-worth impact depends on whether it is owned outright or financed, and how the condition affects resale value. At a $30,000 to $70,000 market range (and possibly lower after loans and maintenance costs), it is often small relative to millions-level estimates.

How should I treat the Nashville property signal that shows ownership until 2024?

Treat it as potentially relevant but time-sensitive. Ownership ending in late 2024 could mean the asset was sold, refinanced, or transferred, each with different equity outcomes. To tighten the estimate, you would need the sale price and whether any mortgage was paid off or carried forward.

What’s the safest way to update the net worth range if new news appears?

Recalculate in three layers: (1) any new verified profit or expansion signals for the restaurant operations, (2) updated property records that confirm purchases, sales, or mortgage releases, and (3) any legal filings that introduce liens, judgments, or settlements. Then adjust only the components that changed, rather than re-inventing the entire estimate.

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