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Financials

MB1111529
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Cru Lounge

311 TRAVIS ST, Houston, TX 77002 · TABC MB1111529

Mixed Beverage Houston Market Enriched 2026-06-15
$1,104,255 Annual gross (L12M) ▲ 146.7% latest MoM Click for monthly detail
$92,021 Avg monthly ▲ 76.4% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $272,277/yr est. net Click for cost model
$681k–$953k Est. acquisition range 0.74× 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): $1,104,255 – $1,226,950/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

Cru Lounge is a mixed-beverage licensed establishment at 311 TRAVIS ST, Houston, Texas (TABC MB1111529). Over the most recent 12 months it reported $1,104,255 in gross alcohol sales, averaging $92,021/month with a best month of $162,285. Sales mix: ~87% liquor · 3% beer · 9% wine. The building at this address is owned by APEXIA LLC (2,969 sqft, $700,454 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $272,277 (~25% margin). Acquisition value is estimated at $681k–$953k 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
$1,104,255
Avg monthly
$92,021
Best month
$162,285
Mar 2026
Sales mix
87% Liq
3% Beer · 9% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0010330000028
Property owner (landlord)APEXIA LLC
Total building SF2,969
Assessed value$700,454

Cru Lounge's share

Est. base rent ~$28/sqft/yr · 5,000 sqft · Class A $11,796/mo
NNN CAM / insurance$1,769/mo
NNN property tax$700/mo
Personal property tax est — no BPP record $221/mo
Total occupancy $14,487/mo

Occupancy analysis

All-in occupancy cost is 15.7% 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 $1,104,255 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$1,104,255
COGS (24%)−$265,021
Labor (14%)−$154,596
Occupancy−$156,458
TX MB gross tax (6.7%)−$73,985
Utilities / ins / mktg (8%)−$88,340
Card surcharge net+$12,147
Net profit $378,001
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$1,104,255
COGS (27%)−$298,149
Labor (17%)−$187,723
Occupancy−$173,842
TX MB gross tax (6.7%)−$73,985
Utilities / ins / mktg (10%)−$110,426
Card surcharge net+$12,147
Net profit $272,277
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$1,104,255
COGS (30%)−$331,276
Labor (22%)−$242,936
Occupancy−$191,226
TX MB gross tax (6.7%)−$73,985
Utilities / ins / mktg (12%)−$132,511
Card surcharge net+$12,147
Net profit $144,467
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 Khmari Sanya LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $272,277/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 (~$272,277 net) estimated

Revenue multiple
$552k–$883k
0.5–0.8× gross
SDE multiple
$681k–$953k
2.5–3.5× earnings
Cap rate
$825k–$1.09M
25–33%
Suggested range
$681k–$953k
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 2026-06-03

Lookup pending — check back tomorrow

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