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MB100044765
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City Kitchen

8101 AIRPORT BLVD STE 21, Houston, TX 77061 · TABC MB100044765

Mixed Beverage Houston Market Enriched 2026-06-17
$929,660 Annual gross (L12M) ▼ 11.1% latest MoM Click for monthly detail
$77,472 Avg monthly ▲ 54.7% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $183,520/yr est. net Click for cost model
$465k–$642k Est. acquisition range 0.60× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,065,911 – $3,718,640/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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City Kitchen is a mixed-beverage licensed establishment at 8101 AIRPORT BLVD STE 21, Houston, Texas (TABC MB100044765). Over the most recent 12 months it reported $929,660 in gross alcohol sales, averaging $77,472/month with a best month of $166,603. Sales mix: ~26% liquor · 0% beer · 74% wine. The building at this address is owned by ZITA INVESTMENTS LLC (8,527 sqft, $2,854,839 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $183,520 (~20% margin). Acquisition value is estimated at $465k–$642k 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
$929,660
Avg monthly
$77,472
Best month
$166,603
Nov 2025
Sales mix
26% Liq
0% Beer · 74% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0963840000002
Property owner (landlord)ZITA INVESTMENTS LLC
Total building SF whole parcel — City Kitchen is in STE 218,527
City Kitchen's footprint estimated — suite-level not on file 3,500 sf
Assessed value$2,854,839

City Kitchen's share

Est. base rent ~$40/sqft/yr · 3,500 sqft · Class A $11,718/mo
NNN CAM / insurance$1,758/mo
NNN property tax$2,344/mo
Personal property tax est — no BPP record $186/mo
Total occupancy $16,005/mo

Occupancy analysis

All-in occupancy cost is 20.7% 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 $929,660 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$929,660
COGS (24%)−$223,118
Labor (14%)−$130,152
Occupancy−$172,856
TX MB gross tax (6.7%)−$62,287
Utilities / ins / mktg (8%)−$74,373
Card surcharge net+$10,226
Net profit $277,099
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$929,660
COGS (27%)−$251,008
Labor (17%)−$158,042
Occupancy−$192,063
TX MB gross tax (6.7%)−$62,287
Utilities / ins / mktg (10%)−$92,966
Card surcharge net+$10,226
Net profit $183,520
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$929,660
COGS (30%)−$278,898
Labor (22%)−$204,525
Occupancy−$211,269
TX MB gross tax (6.7%)−$62,287
Utilities / ins / mktg (12%)−$111,559
Card surcharge net+$10,226
Net profit $71,348
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 City Kitchen L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $183,520/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 (~$183,520 net) estimated

Revenue multiple
$465k–$744k
0.5–0.8× gross
SDE multiple
$459k–$642k
2.5–3.5× earnings
Cap rate
$556k–$734k
25–33%
Suggested range
$465k–$642k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $2,065,911–$3,718,640/yr in total revenue (your liquor portion of $929,660 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$2,066k–$3,719k
food + liquor + service
Estimated net (10–15%)
$207k–$558k
restaurant margin
Full-business value
$568k–$2,045k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-10

No federal lawsuits — past or pending