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Financials

MB200101541
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How To Survive On Land And Sea

3401 HARRISBURG BLVD, Houston, TX 77003 · TABC MB200101541

Mixed Beverage Houston Market Enriched 2026-07-12
$498,047 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$41,504 Avg monthly ▲ 71.3% latest vs avg Click for monthly detail
~21% Est. net margin (likely) $103,831/yr est. net Click for cost model
$260k–$363k Est. acquisition range 0.63× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $498,047 – $553,386/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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How To Survive On Land And Sea is a mixed-beverage licensed establishment at 3401 HARRISBURG BLVD, Houston, Texas (TABC MB200101541). Over the most recent 12 months it reported $498,047 in gross alcohol sales, averaging $41,504/month with a best month of $71,116. Sales mix: ~83% liquor · 6% beer · 11% wine. The building at this address is owned by PLANT AT HARRISBURG LLC (22,305 sqft, $5,297,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $103,831 (~21% margin). Acquisition value is estimated at $260k–$363k 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
$498,047
Avg monthly
$41,504
Best month
$71,116
Oct 2025
Sales mix
83% Liq
6% Beer · 11% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0030380000006
Property owner (landlord)PLANT AT HARRISBURG LLC
Total building SF22,305
Assessed value$5,297,000

How To Survive On Land And Sea's share

Est. base rent ~$28/sqft/yr · 2,500 sqft · Class A $5,937/mo
NNN CAM / insurance$891/mo
NNN property tax$1,187/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $8,115/mo

Occupancy analysis

All-in occupancy cost is 19.6% 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 $498,047 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$498,047
COGS (24%)−$119,531
Labor (14%)−$69,727
Occupancy−$87,642
TX MB gross tax (6.7%)−$33,369
Utilities / ins / mktg (8%)−$39,844
Card surcharge net+$5,479
Net profit $153,413
Most Likely
Typical bar, light food program, full two-shift staffing
~21%
Revenue$498,047
COGS (27%)−$134,473
Labor (17%)−$84,668
Occupancy−$97,380
TX MB gross tax (6.7%)−$33,369
Utilities / ins / mktg (10%)−$49,805
Card surcharge net+$5,479
Net profit $103,831
Stressed
Heavy food, larger crew, higher rent
~9%
Revenue$498,047
COGS (30%)−$149,414
Labor (22%)−$109,570
Occupancy−$107,118
TX MB gross tax (6.7%)−$33,369
Utilities / ins / mktg (12%)−$59,766
Card surcharge net+$5,479
Net profit $44,289
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 How To Survive On Land And Sea LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $103,831/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 (~$103,831 net) estimated

Revenue multiple
$249k–$398k
0.5–0.8× gross
SDE multiple
$260k–$363k
2.5–3.5× earnings
Cap rate
$315k–$415k
25–33%
Suggested range
$260k–$363k
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 2026-06-15

Lookup pending — check back tomorrow

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