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MB200050069
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Barcelona Wine Bar

1731 WESTHEIMER RD, Houston, TX 77098 · TABC MB200050069

Mixed Beverage Houston Market Enriched 2026-05-19
$1,523,867 Annual gross (L12M) ▼ 0.7% latest MoM Click for monthly detail
$126,989 Avg monthly ▲ 0.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $340,566/yr est. net Click for cost model
$851k–$1,192k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,604,071 – $1,792,785/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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Barcelona Wine Bar is a mixed-beverage licensed establishment at 1731 WESTHEIMER RD, Houston, Texas (TABC MB200050069). Over the most recent 12 months it reported $1,523,867 in gross alcohol sales, averaging $126,989/month with a best month of $144,796. Sales mix: ~29% liquor · 9% beer · 61% wine. The building at this address is owned by 1731 WESTHEIMER LP (3,020 sqft, $1,128,672 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $340,566 (~22% margin). Acquisition value is estimated at $851k–$1,192k 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
$1,523,867
Avg monthly
$126,989
Best month
$144,796
May 2025
Sales mix
29% Liq
9% Beer · 61% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0542170000001
Property owner (landlord)1731 WESTHEIMER LP
Total building SF3,020
Assessed value$1,128,672

Barcelona Wine Bar's share

Est. base rent ~$45/sqft/yr · 5,000 sqft · Class A $18,687/mo
NNN CAM / insurance$2,803/mo
NNN property tax$1,129/mo
Personal property tax est — no BPP record $305/mo
Total occupancy $22,923/mo

Occupancy analysis

All-in occupancy cost is 18.1% 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 $1,523,867 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,523,867
COGS (24%)−$365,728
Labor (14%)−$213,341
Occupancy−$247,569
TX MB gross tax (6.7%)−$102,099
Utilities / ins / mktg (8%)−$121,909
Card surcharge net+$16,763
Net profit $489,983
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,523,867
COGS (27%)−$411,444
Labor (17%)−$259,057
Occupancy−$275,077
TX MB gross tax (6.7%)−$102,099
Utilities / ins / mktg (10%)−$152,387
Card surcharge net+$16,763
Net profit $340,566
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,523,867
COGS (30%)−$457,160
Labor (22%)−$335,251
Occupancy−$302,584
TX MB gross tax (6.7%)−$102,099
Utilities / ins / mktg (12%)−$182,864
Card surcharge net+$16,763
Net profit $160,671
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 Barcelona Montrose LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $340,566/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 (~$340,566 net) estimated

Revenue multiple
$762k–$1.22M
0.5–0.8× gross
SDE multiple
$851k–$1.19M
2.5–3.5× earnings
Cap rate
$1.03M–$1.36M
25–33%
Suggested range
$851k–$1,192k
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 2026-06-08

Lookup pending — check back tomorrow

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