← Warehouse Live /

Financials

MB101142347
Dashboard › Warehouse Live › Financial Intelligence

Warehouse Live

2600 TRAVIS ST STE R, Houston, TX 77006 · TABC MB101142347

Mixed Beverage Houston Market Enriched 2026-06-15
$1,192,607 Annual gross (L12M) ▲ 162.5% latest MoM Click for monthly detail
$99,384 Avg monthly ▼ 48.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $257,498/yr est. net Click for cost model
$644k–$901k Est. acquisition range 0.65× 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 Music Venue, liquor is typically only 60–85% of total business revenue. Bar + ticket revenue. Estimated total revenue (rough): $1,403,067 – $1,987,678/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Warehouse Live My bars

Executive Summary

Click to expand full narrative

Warehouse Live is a mixed-beverage licensed establishment at 2600 TRAVIS ST STE R, Houston, Texas (TABC MB101142347). Over the most recent 12 months it reported $1,192,607 in gross alcohol sales, averaging $99,384/month with a best month of $181,630. Sales mix: ~82% liquor · 17% beer · 0% wine. The building at this address is owned by HY TRAVIS LLC (16,240 sqft, $4,440,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $257,498 (~22% margin). Acquisition value is estimated at $644k–$901k 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
$1,192,607
Avg monthly
$99,384
Best month
$181,630
May 2025
Sales mix
82% Liq
17% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0060610000008
Property owner (landlord)HY TRAVIS LLC
Total building SF whole parcel — Warehouse Live is in STE R16,240
Warehouse Live's footprint estimated — suite-level not on file 5,000 sf
Assessed value$4,440,000

Warehouse Live's share

Est. base rent ~$33/sqft/yr · 5,000 sqft · Class A $13,670/mo
NNN CAM / insurance$2,050/mo
NNN property tax$2,734/mo
Personal property tax est — no BPP record $239/mo
Total occupancy $18,693/mo

Occupancy analysis

All-in occupancy cost is 18.8% 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 $1,192,607 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$1,192,607
COGS (24%)−$286,226
Labor (14%)−$166,965
Occupancy−$201,884
TX MB gross tax (6.7%)−$79,905
Utilities / ins / mktg (8%)−$95,409
Card surcharge net+$13,119
Net profit $375,338
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,192,607
COGS (27%)−$322,004
Labor (17%)−$202,743
Occupancy−$224,315
TX MB gross tax (6.7%)−$79,905
Utilities / ins / mktg (10%)−$119,261
Card surcharge net+$13,119
Net profit $257,498
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$1,192,607
COGS (30%)−$357,782
Labor (22%)−$262,374
Occupancy−$246,747
TX MB gross tax (6.7%)−$79,905
Utilities / ins / mktg (12%)−$143,113
Card surcharge net+$13,119
Net profit $115,806
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 Big City Entertainment LP looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $257,498/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 (~$257,498 net) estimated

Revenue multiple
$596k–$954k
0.5–0.8× gross
SDE multiple
$644k–$901k
2.5–3.5× earnings
Cap rate
$780k–$1.03M
25–33%
Suggested range
$644k–$901k
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 2026-06-18

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.