← Swagger /

Financials

MB105704524
Dashboard › Swagger › Financial Intelligence

Swagger

9880 BUFFALO SPEEDWAY, Houston, TX 77025 · TABC MB105704524

Mixed Beverage Houston Market Enriched 2026-06-15
$975,313 Annual gross (L12M) ▼ 3.1% latest MoM Click for monthly detail
$81,276 Avg monthly ▲ 6.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $218,470/yr est. net Click for cost model
$546k–$765k 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,393,304 – $1,950,626/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Swagger My bars

Executive Summary

Click to expand full narrative

Swagger is a mixed-beverage licensed establishment at 9880 BUFFALO SPEEDWAY, Houston, Texas (TABC MB105704524). Over the most recent 12 months it reported $975,313 in gross alcohol sales, averaging $81,276/month with a best month of $94,693. Sales mix: ~77% liquor · 13% beer · 9% wine. The building at this address is owned by 610 BUFFALO CROSSING LLC (4,595 sqft, $2,370,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $218,470 (~22% margin). Acquisition value is estimated at $546k–$765k 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
$975,313
Avg monthly
$81,276
Best month
$94,693
Feb 2026
Sales mix
77% Liq
13% Beer · 9% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1229250010001
Property owner (landlord)610 BUFFALO CROSSING LLC
Total building SF4,595
Assessed value$2,370,000

Swagger's share

Est. base rent ~$36/sqft/yr · 3,500 sqft · Class A $10,491/mo
NNN CAM / insurance$1,574/mo
NNN property tax$2,370/mo
Personal property tax est — no BPP record $195/mo
Total occupancy $14,630/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 $975,313 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$975,313
COGS (24%)−$234,075
Labor (14%)−$136,544
Occupancy−$158,001
TX MB gross tax (6.7%)−$65,346
Utilities / ins / mktg (8%)−$78,025
Card surcharge net+$10,728
Net profit $314,051
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$975,313
COGS (27%)−$263,335
Labor (17%)−$165,803
Occupancy−$175,556
TX MB gross tax (6.7%)−$65,346
Utilities / ins / mktg (10%)−$97,531
Card surcharge net+$10,728
Net profit $218,470
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$975,313
COGS (30%)−$292,594
Labor (22%)−$214,569
Occupancy−$193,112
TX MB gross tax (6.7%)−$65,346
Utilities / ins / mktg (12%)−$117,038
Card surcharge net+$10,728
Net profit $103,383
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 Neptune Contractors LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $218,470/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 (~$218,470 net) estimated

Revenue multiple
$488k–$780k
0.5–0.8× gross
SDE multiple
$546k–$765k
2.5–3.5× earnings
Cap rate
$662k–$874k
25–33%
Suggested range
$546k–$765k
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 2026-10-14

Lookup pending — check back tomorrow

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