6180A HIGHWAY 6 N, Houston, TX 77084 · TABC MB200070779
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El Oceano Seafood is a mixed-beverage licensed establishment at 6180A HIGHWAY 6 N, Houston, Texas (TABC MB200070779). Over the most recent 12 months it reported $328,548 in gross alcohol sales, averaging $27,379/month with a best month of $37,055. Sales mix: ~31% liquor · 69% beer · 0% wine. The building at this address is owned by BLUSKY INTERESTS LTD (7,228 sqft, $2,610,017 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $73,595 (~22% margin). Acquisition value is estimated at $184k–$258k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
El Oceano Seafood's share
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.
Texas bar cost model applied to $328,548 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$73,595 net) estimated
We estimate this restaurant / bar pulls $730,107–$1,314,192/yr in total revenue (your liquor portion of $328,548 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).
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.
Public records · last checked 2026-07-14
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