← DRIFT MB106167502
Surrendered

Drift

1207 W 20TH ST, Houston, TX 77008 · Harris County
Latest receipts
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Trailing 12
$3.53M
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All-time peak
$629K
Oct 2021
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Houston
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In ZIP 77008
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In Harris County
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Statewide
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2021
License issued
Jun 2021
Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Drift
City: Houston, TX · Harris County
Address: 1207 W 20th St, TX 77008
TABC permit number: MB106167502
Owner / operator: Heights Drift LLC
Trailing 12-month mixed beverage receipts: $3,526,568
Estimated business value: $1,492,143 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Drift reported $240K in April 2023.

Trailing-12 receipts: $3.53M (-29.3% YoY, -29.5% MoM). Clean compliance record. Located in Houston.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$490K
2.25× EBITDA
Mid (14% margin)Likely
$1.5M
3.0× EBITDA
High (32% margin)
$4.0M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $3,526,568, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

DRIFT is a Mixed Beverage located in HOUSTON, Texas. In April 2023, it reported $239,556 in total mixed beverage sales. Its average monthly sales over the last 12 months were $293,881. Its highest-grossing month in that period was October 2022 with $492,068 in sales. Sales have decreased by 12% compared to earlier in the period. Its sales mix is approximately 69% liquor, 29% beer, and 2% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 77008 performance

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Location

1207 W 20TH ST
HOUSTON, TX 77008
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License

Permit typeMixed Beverage
NumberMB106167502
Status ● Surrendered
First filing2019-07-31
Renewed2021-06-22
Expires2023-06-20
Sales tax filingCurrent
Entity registeredActive
Franchise tax Above threshold — franchise tax expected
Owner Heights Drift LLC Company →
Officers Joel M. Scott Ii Manager
Shan Patel Manager
Sibling entities
2 other venues share an officer
Bloom · Houston
via Shan Patel (Manager)
Bloom · Houston
via Shan Patel (Manager)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $3,428,042 vs gross $3,526,568 over 12 overlapping months — gap of 2.8% (expected ~0%).
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-01

Peer comparison

Houston
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Location · DRIFT

1207 W 20TH ST, HOUSTON, TX 77008

Heatmap · ZIP 77008

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 77008 rankings

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