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MB200089518
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Reel Luxury Cinemas

9595 SIX PINES DR STE 8200, The Woodlands, TX 77380 · TABC MB200089518

Mixed Beverage The Woodlands Market Enriched 2026-06-15
$1,325,361 Annual gross (L12M) ▲ 8.9% latest MoM Click for monthly detail
$110,447 Avg monthly ▼ 11.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $372,493/yr est. net Click for cost model
$931k–$1,304k Est. acquisition range 0.84× 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 Theater, liquor is typically only 20–40% of total business revenue. Concessions liquor. Estimated total revenue (rough): $3,313,402 – $6,626,805/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

Reel Luxury Cinemas is a mixed-beverage licensed establishment at 9595 SIX PINES DR STE 8200, The Woodlands, Texas (TABC MB200089518). Over the most recent 12 months it reported $1,325,361 in gross alcohol sales, averaging $110,447/month with a best month of $144,765. Sales mix: ~60% liquor · 5% beer · 35% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $372,493 (~28% margin). Acquisition value is estimated at $931k–$1,304k 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
$1,325,361
Avg monthly
$110,447
Best month
$144,765
Dec 2025
Sales mix
60% Liq
5% Beer · 35% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$11,597/mo
NNN CAM / insurance$1,740/mo
Total occupancy$13,579/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $1,325,361 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,325,361
COGS (24%)−$318,087
Labor (14%)−$185,551
Occupancy−$146,658
TX MB gross tax (6.7%)−$88,799
Utilities / ins / mktg (8%)−$106,029
Card surcharge net+$14,579
Net profit $494,817
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,325,361
COGS (27%)−$357,847
Labor (17%)−$225,311
Occupancy−$162,953
TX MB gross tax (6.7%)−$88,799
Utilities / ins / mktg (10%)−$132,536
Card surcharge net+$14,579
Net profit $372,493
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,325,361
COGS (30%)−$397,608
Labor (22%)−$291,579
Occupancy−$179,248
TX MB gross tax (6.7%)−$88,799
Utilities / ins / mktg (12%)−$159,043
Card surcharge net+$14,579
Net profit $223,661
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 Rlc-Market Street INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $372,493/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 (~$372,493 net) estimated

Revenue multiple
$663k–$1.06M
0.5–0.8× gross
SDE multiple
$931k–$1.30M
2.5–3.5× earnings
Cap rate
$1.13M–$1.49M
25–33%
Suggested range
$931k–$1,304k
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 · Theater

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

We estimate this theater pulls $3,313,402–$6,626,805/yr in total revenue (your liquor portion of $1,325,361 is roughly 20–40% 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
$3,313k–$6,627k
food + liquor + service
Estimated net (10–15%)
$331k–$994k
restaurant margin
Full-business value
$911k–$3,645k
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 2026-06-11

No federal lawsuits — past or pending