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Financials

MB200125842
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Urban Crave

3700 N TERMINAL RD STE DWN20035, Houston, TX 77032 · TABC MB200125842

Mixed Beverage Houston Market Enriched 2026-06-19
$852,697 Annual gross (L12M) ▼ 31.9% latest MoM Click for monthly detail
$85,270 Avg monthly ▼ 2.7% latest vs avg Click for monthly detail
~24% Est. net margin (likely) $200,692/yr est. net Click for cost model
$502k–$702k Est. acquisition range 0.71× 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): $852,697 – $947,441/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

Urban Crave is a mixed-beverage licensed establishment at 3700 N TERMINAL RD STE DWN20035, Houston, Texas (TABC MB200125842). Over the most recent 12 months it reported $852,697 in gross alcohol sales, averaging $85,270/month with a best month of $121,893. Sales mix: ~44% liquor · 38% beer · 18% wine. The building at this address is owned by CITY OF HOUSTON (WILL CLAYTON PKY) (103,132 sqft, $25,783,164 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $200,692 (~24% margin). Acquisition value is estimated at $502k–$702k 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
$852,697
Avg monthly
$85,270
Best month
$121,893
Mar 2026
Sales mix
44% Liq
38% Beer · 18% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0441120001001
Property owner (landlord)CITY OF HOUSTON (WILL CLAYTON PKY)
Total building SF whole parcel — Urban Crave is in STE DWN20035103,132
Urban Crave's footprint estimated — suite-level not on file 3,500 sf
Assessed value$25,783,164

Urban Crave's share

Est. base rent ~$30/sqft/yr · 3,500 sqft · Class A $8,750/mo
NNN CAM / insurance$1,313/mo
NNN property tax$1,750/mo
Personal property tax est — no BPP record $171/mo
Total occupancy $11,983/mo

Occupancy analysis

All-in occupancy cost is 16.9% 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 $852,697 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$852,697
COGS (24%)−$204,647
Labor (14%)−$119,378
Occupancy−$129,418
TX MB gross tax (6.7%)−$57,131
Utilities / ins / mktg (8%)−$68,216
Card surcharge net+$9,380
Net profit $283,288
Most Likely
Typical bar, light food program, full two-shift staffing
~24%
Revenue$852,697
COGS (27%)−$230,228
Labor (17%)−$144,958
Occupancy−$143,797
TX MB gross tax (6.7%)−$57,131
Utilities / ins / mktg (10%)−$85,270
Card surcharge net+$9,380
Net profit $200,692
Stressed
Heavy food, larger crew, higher rent
~12%
Revenue$852,697
COGS (30%)−$255,809
Labor (22%)−$187,593
Occupancy−$158,177
TX MB gross tax (6.7%)−$57,131
Utilities / ins / mktg (12%)−$102,324
Card surcharge net+$9,380
Net profit $101,043
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 Ssp America Iah Itrp LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $200,692/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 (~$200,692 net) estimated

Revenue multiple
$426k–$682k
0.5–0.8× gross
SDE multiple
$502k–$702k
2.5–3.5× earnings
Cap rate
$608k–$803k
25–33%
Suggested range
$502k–$702k
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 2026-05-25

Lookup pending — check back tomorrow

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