For August 2026, ELITE LOUNGE recorded $31,023 in sales, a touch below its 12‑month average of $32,742. Compared to typical Houston bars, its latest revenue sits modestly lower than the average peer performance, suggesting a slight dip this month.
Based on trailing-12-month gross of $394,030, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.
| Month | Total | Liquor | Beer | Wine | MoM |
|---|---|---|---|---|---|
| Loading monthly filings… | |||||
ELITE LOUNGE is a Mixed Beverage located in HOUSTON, Texas. In August 2026, it reported $31,023 in total mixed beverage sales. Its average monthly sales over the last 12 months were $32,836. Its highest-grossing month in that period was April 2026 with $37,943 in sales. Sales have remained relatively stable. Its sales mix is approximately 80% liquor, 16% beer, and 4% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.
12403 1/2 HILLCROFT ST, HOUSTON, TX 77035
Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.
—
“Grown & Sexy vibe. It's like a black version of Cheers where everybody knows your name. Hole in the wall that is comfortable and inviting and plays old school R&B music. The crowd is 40+. The food on Monday Steak Night is amazing, Chef D has marinated Steaks, Salmon or Lamb Chops for $25. They are well seasoned and cooked to perfection. The sides are tasty as well. Chef D also does Wang Wednesday and the Lemon...”
“If you are looking for a laid back atmosphere with great drinks this is a fun spot with nice music. I went on a Sunday and Tuesday night is Karaoke night!!”
“Elite lounge is the best lounge . I don't think you can go anywhere else in houston and find $7 drinks with no light pours. You definitely will taste your liquor in each sip 😏. The bartenders are dope and cool. Each time I go, there is never a wait at the bar because they are on it . The place has low lighting with clean bathrooms. The parking is free, but on Saturdays, it can get packed. This place is a...”
“Me and my wife were invited to My high school Classmates 48th Birthday Party...we had a great time with friends and plenty of singing and dancing. I Love the fact that this was a Black 🖤 Owned Establishment...keep up the good work and stay strong..❤️💚🖤👍🏾✊🏾💪🏾”
“I don't recall food, but it's a fun spot. Think of cheers, the old Carros, slick Willy's. It was a reception party plus my homeboy's birthday weekend. I also met a couple of single men. The Dj was very good. Last I was, there was DJ Riskk. He's very good as well. It was Sunday, and it was no specials that I can recall, so I spent more than I should have. The parking is good and free. Grt there before 10p”
Aggregated from public reviews. Cached locally; may lag the live source by up to a week.