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Financials

MB105892334
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Snooze

820 W BAY AREA BLVD, Webster, TX 77598 · TABC MB105892334

Mixed Beverage Webster Market Enriched 2026-08-21
$242,507 Annual gross (L12M) ▼ 27.1% latest MoM Click for monthly detail
$20,209 Avg monthly ▼ 11.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $54,322/yr est. net Click for cost model
$136k–$190k 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 Dive Bar, liquor is typically only 85–98% of total business revenue. Almost entirely liquor. Estimated total revenue (rough): $247,456 – $285,302/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Snooze is a mixed-beverage licensed establishment at 820 W BAY AREA BLVD, Webster, Texas (TABC MB105892334). Over the most recent 12 months it reported $242,507 in gross alcohol sales, averaging $20,209/month with a best month of $24,477. Sales mix: ~65% liquor · 1% beer · 33% wine. The building at this address is owned by LUTO WEBSTER LLC (3,647 sqft, $3,405,457 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $54,322 (~22% margin). Acquisition value is estimated at $136k–$190k 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
$242,507
Avg monthly
$20,209
Best month
$24,477
May 2026
Sales mix
65% Liq
1% Beer · 33% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1205010000002
Property owner (landlord)LUTO WEBSTER LLC
Total building SF3,647
Assessed value$3,405,457

Snooze's share

Est. base rent ~$1/sqft/yr · 2,500 sqft · Class A $115/mo
NNN CAM / insurance$17/mo
NNN property tax$3,405/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,638/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 $242,507 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$242,507
COGS (24%)−$58,202
Labor (14%)−$33,951
Occupancy−$39,286
TX MB gross tax (6.7%)−$16,248
Utilities / ins / mktg (8%)−$19,401
Card surcharge net+$2,668
Net profit $78,087
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$242,507
COGS (27%)−$65,477
Labor (17%)−$41,226
Occupancy−$43,651
TX MB gross tax (6.7%)−$16,248
Utilities / ins / mktg (10%)−$24,251
Card surcharge net+$2,668
Net profit $54,322
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$242,507
COGS (30%)−$72,752
Labor (22%)−$53,352
Occupancy−$48,016
TX MB gross tax (6.7%)−$16,248
Utilities / ins / mktg (12%)−$29,101
Card surcharge net+$2,668
Net profit $25,706
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 Snoozetown LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $54,322/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 (~$54,322 net) estimated

Revenue multiple
$121k–$194k
0.5–0.8× gross
SDE multiple
$136k–$190k
2.5–3.5× earnings
Cap rate
$165k–$217k
25–33%
Suggested range
$136k–$190k
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

2 cases on file · 1 currently open · public records

2 federal cases
1 currently open
1 ADA
2 civil rights
As defendant in 2 cases
Most recent filing
Pratel v. Snoozetown, LLC
COD · 2024-11-12 · OPEN
Public records, last checked 2026-06-15