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Financials

MB200100956
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Heights Social

1213 W 20TH ST, Houston, TX 77008 · TABC MB200100956

Mixed Beverage Houston Market Enriched 2026-06-15
$1,213,320 Annual gross (L12M) ▲ 37.8% latest MoM Click for monthly detail
$101,110 Avg monthly ▼ 46.5% latest vs avg Click for monthly detail
~39% Est. net margin (likely) $472,075/yr est. net Click for cost model
$1,180k–$1,213k Est. acquisition range 0.99× 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): $1,277,179 – $1,427,435/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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Heights Social is a mixed-beverage licensed establishment at 1213 W 20TH ST, Houston, Texas (TABC MB200100956). Over the most recent 12 months it reported $1,213,320 in gross alcohol sales, averaging $101,110/month with a best month of $213,644. Sales mix: ~82% liquor · 12% beer · 6% wine. The building at this address is owned by WEST 20TH LOT LLC (2,500 sqft, $77,520 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $472,075 (~39% margin). Acquisition value is estimated at $1,180k–$1,213k 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
$1,213,320
Avg monthly
$101,110
Best month
$213,644
Aug 2025
Sales mix
82% Liq
12% Beer · 6% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0561670130009
Property owner (landlord)WEST 20TH LOT LLC
Total building SF2,500
Assessed value$77,520

Heights Social's share

Est. base rent ~$2/sqft/yr · 5,000 sqft · Class C $1,034/mo
NNN CAM / insurance$155/mo
NNN property tax$78/mo
Personal property tax est — no BPP record $243/mo
Total occupancy $1,509/mo

Occupancy analysis

All-in occupancy cost is 1.5% 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 $1,213,320 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~47%
Revenue$1,213,320
COGS (24%)−$291,197
Labor (14%)−$169,865
Occupancy−$16,295
TX MB gross tax (6.7%)−$81,292
Utilities / ins / mktg (8%)−$97,066
Card surcharge net+$13,347
Net profit $570,952
Most Likely
Typical bar, light food program, full two-shift staffing
~39%
Revenue$1,213,320
COGS (27%)−$327,596
Labor (17%)−$206,264
Occupancy−$18,106
TX MB gross tax (6.7%)−$81,292
Utilities / ins / mktg (10%)−$121,332
Card surcharge net+$13,347
Net profit $472,075
Stressed
Heavy food, larger crew, higher rent
~29%
Revenue$1,213,320
COGS (30%)−$363,996
Labor (22%)−$266,930
Occupancy−$19,916
TX MB gross tax (6.7%)−$81,292
Utilities / ins / mktg (12%)−$145,598
Card surcharge net+$13,347
Net profit $348,933
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 Cle Group Social LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $472,075/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 (~$472,075 net) estimated

Revenue multiple
$607k–$971k
0.5–0.8× gross
SDE multiple
$1.18M–$1.65M
2.5–3.5× earnings
Cap rate
$1.43M–$1.89M
25–33%
Suggested range
$1,180k–$1,213k
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 2026-06-16

Lookup pending — check back tomorrow

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