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MB100040079
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Cecil's

2405 GENESEE ST, Houston, TX 77006 · TABC MB100040079

Mixed Beverage Houston Market Enriched 2026-08-26
$391,961 Annual gross (L12M) ▲ 1.6% latest MoM Click for monthly detail
$32,663 Avg monthly ▲ 5.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $87,799/yr est. net Click for cost model
$219k–$307k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $489,951 – $653,268/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Cecil's is a mixed-beverage licensed establishment at 2405 GENESEE ST, Houston, Texas (TABC MB100040079). Over the most recent 12 months it reported $391,961 in gross alcohol sales, averaging $32,663/month with a best month of $37,664. Sales mix: ~65% liquor · 30% beer · 4% wine. The building at this address is owned by FAIRVIEW CORRIDOR LLC (2,500 sqft, $921,809 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $87,799 (~22% margin). Acquisition value is estimated at $219k–$307k 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.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$391,961
Avg monthly
$32,663
Best month
$37,664
Aug 2025
Sales mix
65% Liq
30% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1485050010001
Property owner (landlord)FAIRVIEW CORRIDOR LLC
Total building SF2,500
Assessed value$921,809

Cecil's's share

Est. base rent ~$20/sqft/yr · 2,500 sqft · Class A $4,224/mo
NNN CAM / insurance$634/mo
NNN property tax$922/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $5,879/mo

Occupancy analysis

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.

Profit scenarios

Texas bar cost model applied to $391,961 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$391,961
COGS (24%)−$94,071
Labor (14%)−$54,875
Occupancy−$63,498
TX MB gross tax (6.7%)−$26,261
Utilities / ins / mktg (8%)−$31,357
Card surcharge net+$4,312
Net profit $126,211
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$391,961
COGS (27%)−$105,829
Labor (17%)−$66,633
Occupancy−$70,553
TX MB gross tax (6.7%)−$26,261
Utilities / ins / mktg (10%)−$39,196
Card surcharge net+$4,312
Net profit $87,799
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$391,961
COGS (30%)−$117,588
Labor (22%)−$86,231
Occupancy−$77,608
TX MB gross tax (6.7%)−$26,261
Utilities / ins / mktg (12%)−$47,035
Card surcharge net+$4,312
Net profit $41,548
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee 600 W. Gray LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $87,799/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$87,799 net) estimated

Revenue multiple
$196k–$314k
0.5–0.8× gross
SDE multiple
$219k–$307k
2.5–3.5× earnings
Cap rate
$266k–$351k
25–33%
Suggested range
$219k–$307k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.

Federal court history

Public records · last checked 2026-05-22

No federal lawsuits — past or pending