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Financials

MB1114401
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Social Beer Garden

3101 SAN JACINTO ST, Houston, TX 77004 · TABC MB1114401

Mixed Beverage Houston Market Enriched 2026-05-19
$1,644,848 Annual gross (L12M) ▲ 26.8% latest MoM Click for monthly detail
$137,071 Avg monthly ▼ 0.6% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $492,161/yr est. net Click for cost model
$1,230k–$1,645k Est. acquisition range 0.87× 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 Beer Bar, liquor is typically only 90–98% of total business revenue. Beer-only, minimal food. Estimated total revenue (rough): $1,678,416 – $1,827,609/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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Social Beer Garden is a mixed-beverage licensed establishment at 3101 SAN JACINTO ST, Houston, Texas (TABC MB1114401). Over the most recent 12 months it reported $1,644,848 in gross alcohol sales, averaging $137,071/month with a best month of $195,955. Sales mix: ~56% liquor · 44% beer · 1% wine. The building at this address is owned by SELECTIVE MIDTOWN PROPERTIES GROUP LP (2,500 sqft, $584,757 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $492,161 (~30% margin). Acquisition value is estimated at $1,230k–$1,645k 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
$1,644,848
Avg monthly
$137,071
Best month
$195,955
Oct 2025
Sales mix
56% Liq
44% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0191390000008
Property owner (landlord)SELECTIVE MIDTOWN PROPERTIES GROUP LP
Total building SF2,500
Assessed value$584,757

Social Beer Garden's share

Est. base rent ~$28/sqft/yr · 5,000 sqft · Class A $11,695/mo
NNN CAM / insurance$1,754/mo
NNN property tax$585/mo
Personal property tax est — no BPP record $329/mo
Total occupancy $14,363/mo

Occupancy analysis

All-in occupancy cost is 10.5% 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 $1,644,848 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,644,848
COGS (24%)−$394,764
Labor (14%)−$230,279
Occupancy−$155,122
TX MB gross tax (6.7%)−$110,205
Utilities / ins / mktg (8%)−$131,588
Card surcharge net+$18,093
Net profit $640,985
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,644,848
COGS (27%)−$444,109
Labor (17%)−$279,624
Occupancy−$172,358
TX MB gross tax (6.7%)−$110,205
Utilities / ins / mktg (10%)−$164,485
Card surcharge net+$18,093
Net profit $492,161
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,644,848
COGS (30%)−$493,454
Labor (22%)−$361,867
Occupancy−$189,593
TX MB gross tax (6.7%)−$110,205
Utilities / ins / mktg (12%)−$197,382
Card surcharge net+$18,093
Net profit $310,440
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 Midtown Social Htx Me LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $492,161/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 (~$492,161 net) estimated

Revenue multiple
$822k–$1.32M
0.5–0.8× gross
SDE multiple
$1.23M–$1.72M
2.5–3.5× earnings
Cap rate
$1.49M–$1.97M
25–33%
Suggested range
$1,230k–$1,645k
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 2026-06-05

Lookup pending — check back tomorrow

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