Hearsay On The Waterway

20 WATERWAY AVE STE 105, The Woodlands, TX 77380 · Montgomery County
Latest receipts
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Trailing 12
$1.04M
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All-time peak
$138K
Dec 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 The Woodlands
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In ZIP 77380
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In Montgomery County
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Statewide
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2024
License issued
Nov 2024
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: Hearsay On The Waterway
City: The Woodlands, TX · Montgomery County
Address: 20 Waterway Ave Ste 105, TX 77380
TABC permit number: MB106860934
Owner / operator: Landmark Hospitality Group, LLC
Trailing 12-month mixed beverage receipts: $1,044,159
Estimated business value: $494,593 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
HEARSAY ON THE WATERWAY posts strong monthly receipts in The Woodlands

HEARSAY ON THE WATERWAY reported $90,467 in receipts for the most recent month, modestly surpassing its 12‑month average of $85,963. Compared with typical Texas peers in The Woodlands, its revenue places it modestly above the local bar average.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$198K
2.25× EBITDA
Mid (14% margin)Likely
$495K
3.0× EBITDA
High (32% margin)
$1.2M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $1,044,159, 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

HEARSAY ON THE WATERWAY is a Mixed Beverage located in THE WOODLANDS, Texas. In September 2026, it reported $76,962 in total mixed beverage sales. Its average monthly sales over the last 12 months were $87,013. Its highest-grossing month in that period was May 2026 with $100,764 in sales. Sales have decreased by 12% compared to earlier in the period. Its sales mix is approximately 64% liquor, 9% beer, and 27% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 77380 performance

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Location

20 WATERWAY AVE STE 105
THE WOODLANDS, TX 77380
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License

Permit typeMixed Beverage
NumberMB106860934
Status ● Active
First filing2020-11-30
Renewed2024-11-12
Expires2026-11-05
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Sibling entities
10 other venues share an officer
Hearsay · Houston
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 $964,027 vs gross $1,044,159 over 12 overlapping months — gap of 7.7% (expected ~0%).
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Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-04 05:27

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

The Woodlands
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Location · HEARSAY ON THE WATERWAY

20 WATERWAY AVE STE 105, THE WOODLANDS, TX 77380

Heatmap · ZIP 77380

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

ZIP 77380 rankings

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