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MB1060006
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Empire Live

18039 FM 529 RD STE A, Cypress, TX 77433 · TABC MB1060006

Mixed Beverage Cypress Market Enriched 2026-09-13
$537,287 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$44,774 Avg monthly — 0.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $120,352/yr est. net Click for cost model
$301k–$421k 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 Music Venue, liquor is typically only 60–85% of total business revenue. Bar + ticket revenue. Estimated total revenue (rough): $632,102 – $895,478/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

Empire Live is a mixed-beverage licensed establishment at 18039 FM 529 RD STE A, Cypress, Texas (TABC MB1060006). Over the most recent 12 months it reported $537,287 in gross alcohol sales, averaging $44,774/month with a best month of $44,774. The building at this address is owned by LANDMARK INDUSTRIES (3,251 sqft, $1,739,732 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $120,352 (~22% margin). Acquisition value is estimated at $301k–$421k 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
$537,287
Avg monthly
$44,774
Best month
$44,774
Dec 2025
Sales mix
—

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1184460010002
Property owner (landlord)LANDMARK INDUSTRIES
Total building SF whole parcel — Empire Live is in STE A3,251
Empire Live's footprint estimated — suite-level not on file 3,500 sf
Assessed value$1,739,732

Empire Live's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class A $5,402/mo
NNN CAM / insurance$810/mo
NNN property tax$1,740/mo
Personal property tax est — no BPP record $107/mo
Total occupancy $8,059/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 $537,287 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$537,287
COGS (24%)−$128,949
Labor (14%)−$75,220
Occupancy−$87,040
TX MB gross tax (6.7%)−$35,998
Utilities / ins / mktg (8%)−$42,983
Card surcharge net+$5,910
Net profit $173,006
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$537,287
COGS (27%)−$145,067
Labor (17%)−$91,339
Occupancy−$96,712
TX MB gross tax (6.7%)−$35,998
Utilities / ins / mktg (10%)−$53,729
Card surcharge net+$5,910
Net profit $120,352
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$537,287
COGS (30%)−$161,186
Labor (22%)−$118,203
Occupancy−$106,383
TX MB gross tax (6.7%)−$35,998
Utilities / ins / mktg (12%)−$64,474
Card surcharge net+$5,910
Net profit $56,952
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 Empire Live LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $120,352/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 (~$120,352 net) estimated

Revenue multiple
$269k–$430k
0.5–0.8× gross
SDE multiple
$301k–$421k
2.5–3.5× earnings
Cap rate
$365k–$481k
25–33%
Suggested range
$301k–$421k
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 2026-07-10

Lookup pending — check back tomorrow

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