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Financials

MB105716340
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Bogies Billiards East

3040 FM 1960 RD STE 101, Houston, TX 77073 · TABC MB105716340

Mixed Beverage Houston Market Enriched 2026-07-12
$431,925 Annual gross (L12M) ▼ 9.2% latest MoM Click for monthly detail
$35,994 Avg monthly ▼ 4.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $96,751/yr est. net Click for cost model
$242k–$339k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
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Executive Summary

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Bogies Billiards East is a mixed-beverage licensed establishment at 3040 FM 1960 RD STE 101, Houston, Texas (TABC MB105716340). Over the most recent 12 months it reported $431,925 in gross alcohol sales, averaging $35,994/month with a best month of $40,538. Sales mix: ~57% liquor · 42% beer · 1% wine. The building at this address is owned by SHOMER III LTD (26,619 sqft, $7,910,657 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $96,751 (~22% margin). Acquisition value is estimated at $242k–$339k 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
$431,925
Avg monthly
$35,994
Best month
$40,538
Feb 2026
Sales mix
57% Liq
42% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1147480000001
Property owner (landlord)SHOMER III LTD
Total building SF whole parcel — Bogies Billiards East is in STE 10126,619
Bogies Billiards East's footprint estimated — suite-level not on file 2,500 sf
Assessed value$7,910,657

Bogies Billiards East's share

Est. base rent ~$20/sqft/yr · 2,500 sqft · Class A $4,255/mo
NNN CAM / insurance$638/mo
NNN property tax$1,486/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $6,479/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 $431,925 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$431,925
COGS (24%)−$103,662
Labor (14%)−$60,470
Occupancy−$69,972
TX MB gross tax (6.7%)−$28,939
Utilities / ins / mktg (8%)−$34,554
Card surcharge net+$4,751
Net profit $139,080
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$431,925
COGS (27%)−$116,620
Labor (17%)−$73,427
Occupancy−$77,746
TX MB gross tax (6.7%)−$28,939
Utilities / ins / mktg (10%)−$43,192
Card surcharge net+$4,751
Net profit $96,751
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$431,925
COGS (30%)−$129,578
Labor (22%)−$95,024
Occupancy−$85,521
TX MB gross tax (6.7%)−$28,939
Utilities / ins / mktg (12%)−$51,831
Card surcharge net+$4,751
Net profit $45,784
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 Nine Ball L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $96,751/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 (~$96,751 net) estimated

Revenue multiple
$216k–$346k
0.5–0.8× gross
SDE multiple
$242k–$339k
2.5–3.5× earnings
Cap rate
$293k–$387k
25–33%
Suggested range
$242k–$339k
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 2026-05-26

No federal lawsuits — past or pending