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Financials

MB1076606
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Corn And Rye Spirits Catering

10963 CUTTEN RD STE A103, Houston, TX 77066 · TABC MB1076606

Mixed Beverage Houston Market Enriched 2026-05-24
$2,026,030 Annual gross (L12M) ▲ 15.0% latest MoM Click for monthly detail
$168,836 Avg monthly ▲ 21.2% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $551,900/yr est. net Click for cost model
$1,380k–$1,932k Est. acquisition range 0.82× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $2,132,663 – $2,383,565/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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Corn And Rye Spirits Catering is a mixed-beverage licensed establishment at 10963 CUTTEN RD STE A103, Houston, Texas (TABC MB1076606). Over the most recent 12 months it reported $2,026,030 in gross alcohol sales, averaging $168,836/month with a best month of $266,969. Sales mix: ~46% liquor · 25% beer · 29% wine. The building at this address is owned by KUBECZKA JULIAN W & PEARLIE A (14,463 sqft, $3,132,453 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $551,900 (~27% margin). Acquisition value is estimated at $1,380k–$1,932k 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
$2,026,030
Avg monthly
$168,836
Best month
$266,969
Nov 2025
Sales mix
46% Liq
25% Beer · 29% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1261480010003
Property owner (landlord)KUBECZKA JULIAN W & PEARLIE A
Total building SF whole parcel — Corn And Rye Spirits Catering is in STE A10314,463
Corn And Rye Spirits Catering's footprint estimated — suite-level not on file 7,500 sf
Assessed value$3,132,453

Corn And Rye Spirits Catering's share

Est. base rent ~$26/sqft/yr · 7,500 sqft · Class A $16,244/mo
NNN CAM / insurance$2,437/mo
NNN property tax$3,132/mo
Personal property tax est — no BPP record $405/mo
Total occupancy $22,218/mo

Occupancy analysis

All-in occupancy cost is 13.2% 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 $2,026,030 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$2,026,030
COGS (24%)−$486,247
Labor (14%)−$283,644
Occupancy−$239,955
TX MB gross tax (6.7%)−$135,744
Utilities / ins / mktg (8%)−$162,082
Card surcharge net+$22,286
Net profit $740,644
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$2,026,030
COGS (27%)−$547,028
Labor (17%)−$344,425
Occupancy−$266,616
TX MB gross tax (6.7%)−$135,744
Utilities / ins / mktg (10%)−$202,603
Card surcharge net+$22,286
Net profit $551,900
Stressed
Heavy food, larger crew, higher rent
~16%
Revenue$2,026,030
COGS (30%)−$607,809
Labor (22%)−$445,727
Occupancy−$293,278
TX MB gross tax (6.7%)−$135,744
Utilities / ins / mktg (12%)−$243,124
Card surcharge net+$22,286
Net profit $322,635
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 Corn & Rye Spirits Catering LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $551,900/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 (~$551,900 net) estimated

Revenue multiple
$1.01M–$1.62M
0.5–0.8× gross
SDE multiple
$1.38M–$1.93M
2.5–3.5× earnings
Cap rate
$1.67M–$2.21M
25–33%
Suggested range
$1,380k–$1,932k
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 2026-05-25

Lookup pending — check back tomorrow

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