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Financials

MB1105197
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Bar Louie

24 WATERWAY AVE STE 175R, The Woodlands, TX 77380 · TABC MB1105197

Mixed Beverage The Woodlands Market Enriched 2026-06-15
$1,483,752 Annual gross (L12M) ▼ 12.1% latest MoM Click for monthly detail
$123,646 Avg monthly ▼ 15.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $417,008/yr est. net Click for cost model
$1,043k–$1,460k Est. acquisition range 0.84× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $1,483,752 – $1,648,613/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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Bar Louie is a mixed-beverage licensed establishment at 24 WATERWAY AVE STE 175R, The Woodlands, Texas (TABC MB1105197). Over the most recent 12 months it reported $1,483,752 in gross alcohol sales, averaging $123,646/month with a best month of $147,394. Sales mix: ~72% liquor · 22% beer · 6% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $417,008 (~28% margin). Acquisition value is estimated at $1,043k–$1,460k 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
$1,483,752
Avg monthly
$123,646
Best month
$147,394
May 2025
Sales mix
72% Liq
22% Beer · 6% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$12,983/mo
NNN CAM / insurance$1,947/mo
Total occupancy$15,202/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $1,483,752 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,483,752
COGS (24%)−$356,100
Labor (14%)−$207,725
Occupancy−$164,185
TX MB gross tax (6.7%)−$99,411
Utilities / ins / mktg (8%)−$118,700
Card surcharge net+$16,321
Net profit $553,951
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,483,752
COGS (27%)−$400,613
Labor (17%)−$252,238
Occupancy−$182,427
TX MB gross tax (6.7%)−$99,411
Utilities / ins / mktg (10%)−$148,375
Card surcharge net+$16,321
Net profit $417,008
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,483,752
COGS (30%)−$445,126
Labor (22%)−$326,425
Occupancy−$200,670
TX MB gross tax (6.7%)−$99,411
Utilities / ins / mktg (12%)−$178,050
Card surcharge net+$16,321
Net profit $250,391
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 Blh Acquisition CO LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $417,008/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 (~$417,008 net) estimated

Revenue multiple
$742k–$1.19M
0.5–0.8× gross
SDE multiple
$1.04M–$1.46M
2.5–3.5× earnings
Cap rate
$1.26M–$1.67M
25–33%
Suggested range
$1,043k–$1,460k
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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