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Financials

MB105949489
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Beerhive West @ Gate E1

3950 S TERMINAL RD TERM E SPC 76, Houston, TX 77032 · TABC MB105949489

Mixed Beverage Houston Market Enriched 2026-09-10
$208,655 Annual gross (L12M) ▼ 14.0% latest MoM Click for monthly detail
$17,388 Avg monthly ▼ 0.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $46,739/yr est. net Click for cost model
$117k–$164k 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 Beer Bar, liquor is typically only 90–98% of total business revenue. Beer-only, minimal food. Estimated total revenue (rough): $212,913 – $231,839/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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Beerhive West @ Gate E1 is a mixed-beverage licensed establishment at 3950 S TERMINAL RD TERM E SPC 76, Houston, Texas (TABC MB105949489). Over the most recent 12 months it reported $208,655 in gross alcohol sales, averaging $17,388/month with a best month of $21,338. Sales mix: ~38% liquor · 52% beer · 10% wine. The building at this address is owned by CITY OF HOUSTON (WILL CLAYTON PKY) (103,132 sqft, $25,783,164 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $46,739 (~22% margin). Acquisition value is estimated at $117k–$164k 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
$208,655
Avg monthly
$17,388
Best month
$21,338
May 2026
Sales mix
38% Liq
52% Beer · 10% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0441120001001
Property owner (landlord)CITY OF HOUSTON (WILL CLAYTON PKY)
Total building SF103,132
Assessed value$25,783,164

Beerhive West @ Gate E1's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class A $1,548/mo
NNN CAM / insurance$232/mo
NNN property tax$1,250/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,130/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 $208,655 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$208,655
COGS (24%)−$50,077
Labor (14%)−$29,212
Occupancy−$33,802
TX MB gross tax (6.7%)−$13,980
Utilities / ins / mktg (8%)−$16,692
Card surcharge net+$2,295
Net profit $67,187
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$208,655
COGS (27%)−$56,337
Labor (17%)−$35,471
Occupancy−$37,558
TX MB gross tax (6.7%)−$13,980
Utilities / ins / mktg (10%)−$20,866
Card surcharge net+$2,295
Net profit $46,739
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$208,655
COGS (30%)−$62,596
Labor (22%)−$45,904
Occupancy−$41,314
TX MB gross tax (6.7%)−$13,980
Utilities / ins / mktg (12%)−$25,039
Card surcharge net+$2,295
Net profit $22,117
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 Otg Management Iah LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $46,739/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 (~$46,739 net) estimated

Revenue multiple
$104k–$167k
0.5–0.8× gross
SDE multiple
$117k–$164k
2.5–3.5× earnings
Cap rate
$142k–$187k
25–33%
Suggested range
$117k–$164k
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 2026-06-10

Lookup pending — check back tomorrow

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