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Financials

MB105995086
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Jake's Sports Bar

2944 CHIMNEY ROCK RD, Houston, TX 77056 · TABC MB105995086

Mixed Beverage Houston Market Enriched 2026-07-11
$748,369 Annual gross (L12M) ▼ 0.5% latest MoM Click for monthly detail
$62,364 Avg monthly ▲ 4.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $167,635/yr est. net Click for cost model
$419k–$587k 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): $1,069,099 – $1,496,738/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

Jake's Sports Bar is a mixed-beverage licensed establishment at 2944 CHIMNEY ROCK RD, Houston, Texas (TABC MB105995086). Over the most recent 12 months it reported $748,369 in gross alcohol sales, averaging $62,364/month with a best month of $69,747. Sales mix: ~63% liquor · 37% beer · 0% wine. The building at this address is owned by 2944 CHIMNEY ROCK LLC (2,750 sqft, $990,206 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $167,635 (~22% margin). Acquisition value is estimated at $419k–$587k 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
$748,369
Avg monthly
$62,364
Best month
$69,747
Mar 2026
Sales mix
63% Liq
37% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0741370000078
Property owner (landlord)2944 CHIMNEY ROCK LLC
Total building SF2,750
Assessed value$990,206

Jake's Sports Bar's share

Est. base rent ~$30/sqft/yr · 3,500 sqft · Class A $8,770/mo
NNN CAM / insurance$1,316/mo
NNN property tax$990/mo
Personal property tax est — no BPP record $150/mo
Total occupancy $11,226/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 $748,369 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$748,369
COGS (24%)−$179,609
Labor (14%)−$104,772
Occupancy−$121,236
TX MB gross tax (6.7%)−$50,141
Utilities / ins / mktg (8%)−$59,870
Card surcharge net+$8,232
Net profit $240,975
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$748,369
COGS (27%)−$202,060
Labor (17%)−$127,223
Occupancy−$134,706
TX MB gross tax (6.7%)−$50,141
Utilities / ins / mktg (10%)−$74,837
Card surcharge net+$8,232
Net profit $167,635
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$748,369
COGS (30%)−$224,511
Labor (22%)−$164,641
Occupancy−$148,177
TX MB gross tax (6.7%)−$50,141
Utilities / ins / mktg (12%)−$89,804
Card surcharge net+$8,232
Net profit $79,327
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 Inside First LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $167,635/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 (~$167,635 net) estimated

Revenue multiple
$374k–$599k
0.5–0.8× gross
SDE multiple
$419k–$587k
2.5–3.5× earnings
Cap rate
$508k–$671k
25–33%
Suggested range
$419k–$587k
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 2026-07-04

Lookup pending — check back tomorrow

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