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Financials

MB200114488
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Club Spire At Dome

1720 MAIN ST, Houston, TX 77002 · TABC MB200114488

Mixed Beverage Houston Market Enriched 2026-05-24
$2,676,797 Annual gross (L12M) ▼ 47.0% latest MoM Click for monthly detail
$223,066 Avg monthly ▼ 25.6% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $535,395/yr est. net Click for cost model
$1,338k–$1,874k Est. acquisition range 0.60× 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): $2,676,797 – $2,974,219/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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Club Spire At Dome is a mixed-beverage licensed establishment at 1720 MAIN ST, Houston, Texas (TABC MB200114488). Over the most recent 12 months it reported $2,676,797 in gross alcohol sales, averaging $223,066/month with a best month of $312,771. Sales mix: ~93% liquor · 0% beer · 7% wine. The building at this address is owned by 1720 MAIN LTD (7,860 sqft, $3,758,581 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $535,395 (~20% margin). Acquisition value is estimated at $1,338k–$1,874k 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
$2,676,797
Avg monthly
$223,066
Best month
$312,771
Mar 2026
Sales mix
93% Liq
0% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0020870000017
Property owner (landlord)1720 MAIN LTD
Total building SF7,860
Assessed value$3,758,581

Club Spire At Dome's share

Est. base rent ~$57/sqft/yr · 7,500 sqft · Class A $35,864/mo
NNN CAM / insurance$5,380/mo
NNN property tax$3,759/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $45,503/mo

Occupancy analysis

All-in occupancy cost is 20.4% 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 $2,676,797 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$2,676,797
COGS (24%)−$642,431
Labor (14%)−$374,752
Occupancy−$491,428
TX MB gross tax (6.7%)−$179,345
Utilities / ins / mktg (8%)−$214,144
Card surcharge net+$29,445
Net profit $804,142
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$2,676,797
COGS (27%)−$722,735
Labor (17%)−$455,055
Occupancy−$546,031
TX MB gross tax (6.7%)−$179,345
Utilities / ins / mktg (10%)−$267,680
Card surcharge net+$29,445
Net profit $535,395
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$2,676,797
COGS (30%)−$803,039
Labor (22%)−$588,895
Occupancy−$600,634
TX MB gross tax (6.7%)−$179,345
Utilities / ins / mktg (12%)−$321,216
Card surcharge net+$29,445
Net profit $213,113
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 1720 Main Entities LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $535,395/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 (~$535,395 net) estimated

Revenue multiple
$1.34M–$2.14M
0.5–0.8× gross
SDE multiple
$1.34M–$1.87M
2.5–3.5× earnings
Cap rate
$1.62M–$2.14M
25–33%
Suggested range
$1,338k–$1,874k
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 2026-05-28

Lookup pending — check back tomorrow

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