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Financials

MB200051255
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Caboose Bar And Grill

13300 FM 1960 RD W, Houston, TX 77065 · TABC MB200051255

Mixed Beverage Houston Market Enriched 2026-08-28
$284,289 Annual gross (L12M) ▼ 2.4% latest MoM Click for monthly detail
$23,691 Avg monthly ▲ 15.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $63,681/yr est. net Click for cost model
$159k–$223k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $631,753 – $1,137,156/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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Caboose Bar And Grill is a mixed-beverage licensed establishment at 13300 FM 1960 RD W, Houston, Texas (TABC MB200051255). Over the most recent 12 months it reported $284,289 in gross alcohol sales, averaging $23,691/month with a best month of $28,062. Sales mix: ~64% liquor · 34% beer · 2% wine. The building at this address is owned by INTOWN SUITES WEST OAKS LP (20,052 sqft, $5,063,323 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $63,681 (~22% margin). Acquisition value is estimated at $159k–$223k 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
$284,289
Avg monthly
$23,691
Best month
$28,062
Jun 2026
Sales mix
64% Liq
34% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1191950010001
Property owner (landlord)INTOWN SUITES WEST OAKS LP
Total building SF20,052
Assessed value$5,063,323

Caboose Bar And Grill's share

Est. base rent ~$12/sqft/yr · 2,500 sqft · Class A $2,523/mo
NNN CAM / insurance$378/mo
NNN property tax$1,263/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,264/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $284,289 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$284,289
COGS (24%)−$68,229
Labor (14%)−$39,800
Occupancy−$46,055
TX MB gross tax (6.7%)−$19,047
Utilities / ins / mktg (8%)−$22,743
Card surcharge net+$3,127
Net profit $91,541
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$284,289
COGS (27%)−$76,758
Labor (17%)−$48,329
Occupancy−$51,172
TX MB gross tax (6.7%)−$19,047
Utilities / ins / mktg (10%)−$28,429
Card surcharge net+$3,127
Net profit $63,681
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$284,289
COGS (30%)−$85,287
Labor (22%)−$62,544
Occupancy−$56,289
TX MB gross tax (6.7%)−$19,047
Utilities / ins / mktg (12%)−$34,115
Card surcharge net+$3,127
Net profit $30,135
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 Caboose Bar And Grill LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $63,681/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 (~$63,681 net) estimated

Revenue multiple
$142k–$227k
0.5–0.8× gross
SDE multiple
$159k–$223k
2.5–3.5× earnings
Cap rate
$193k–$255k
25–33%
Suggested range
$159k–$223k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $631,753–$1,137,156/yr in total revenue (your liquor portion of $284,289 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$632k–$1,137k
food + liquor + service
Estimated net (10–15%)
$63k–$171k
restaurant margin
Full-business value
$174k–$625k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-30

No federal lawsuits — past or pending