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Financials

MB200144468
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The Red Velvet Cocktail Lounge

301 S BAYLOR ST, Brenham, TX 77833 · TABC MB200144468

Mixed Beverage Brenham Market Enriched 2026-09-12
$537,293 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$44,774 Avg monthly — 0.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $150,952/yr est. net Click for cost model
$377k–$528k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $565,572 – $632,109/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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The Red Velvet Cocktail Lounge is a mixed-beverage licensed establishment at 301 S BAYLOR ST, Brenham, Texas (TABC MB200144468). Over the most recent 12 months it reported $537,293 in gross alcohol sales, averaging $44,774/month with a best month of $44,775. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $150,952 (~28% margin). Acquisition value is estimated at $377k–$528k 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
$537,293
Avg monthly
$44,774
Best month
$44,775
Nov 2025
Sales mix
—

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)$4,701/mo
NNN CAM / insurance$705/mo
Total occupancy$5,509/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 $537,293 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$537,293
COGS (24%)−$128,950
Labor (14%)−$75,221
Occupancy−$59,503
TX MB gross tax (6.7%)−$35,999
Utilities / ins / mktg (8%)−$42,983
Card surcharge net+$5,910
Net profit $200,547
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$537,293
COGS (27%)−$145,069
Labor (17%)−$91,340
Occupancy−$66,114
TX MB gross tax (6.7%)−$35,999
Utilities / ins / mktg (10%)−$53,729
Card surcharge net+$5,910
Net profit $150,952
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$537,293
COGS (30%)−$161,188
Labor (22%)−$118,204
Occupancy−$72,725
TX MB gross tax (6.7%)−$35,999
Utilities / ins / mktg (12%)−$64,475
Card surcharge net+$5,910
Net profit $90,612
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 Buffalo Clover LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $150,952/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 (~$150,952 net) estimated

Revenue multiple
$269k–$430k
0.5–0.8× gross
SDE multiple
$377k–$528k
2.5–3.5× earnings
Cap rate
$457k–$604k
25–33%
Suggested range
$377k–$528k
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 2026-07-08

Lookup pending — check back tomorrow

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