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Financials

MB200148160
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Main Kitchen - 806 Lounge

806 MAIN ST, Houston, TX 77002 · TABC MB200148160

Mixed Beverage Houston Market Enriched 2026-06-15
$1,198,702 Annual gross (L12M) ▼ 11.5% latest MoM Click for monthly detail
$99,892 Avg monthly ▼ 2.0% latest vs avg Click for monthly detail
~29% Est. net margin (likely) $346,250/yr est. net Click for cost model
$866k–$1,199k Est. acquisition range 0.86× 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): $1,261,792 – $1,410,238/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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Main Kitchen - 806 Lounge is a mixed-beverage licensed establishment at 806 MAIN ST, Houston, Texas (TABC MB200148160). Over the most recent 12 months it reported $1,198,702 in gross alcohol sales, averaging $99,892/month with a best month of $124,322. Sales mix: ~64% liquor · 12% beer · 24% wine. The building at this address is owned by SWVP JW HOUSTON HOTEL LLC SWVP JW HOUSTON LLC (409,444 sqft, $79,619,682 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $346,250 (~29% margin). Acquisition value is estimated at $866k–$1,199k 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
$1,198,702
Avg monthly
$99,892
Best month
$124,322
Dec 2025
Sales mix
64% Liq
12% Beer · 24% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1423010010001
Property owner (landlord)SWVP JW HOUSTON HOTEL LLC SWVP JW HOUSTON LLC
Total building SF409,444
Assessed value$79,619,682

Main Kitchen - 806 Lounge's share

Est. base rent ~$19/sqft/yr · 5,000 sqft · Class B $8,102/mo
NNN CAM / insurance$1,215/mo
NNN property tax$1,945/mo
Personal property tax est — no BPP record $240/mo
Total occupancy $11,502/mo

Occupancy analysis

All-in occupancy cost is 11.5% 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 $1,198,702 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$1,198,702
COGS (24%)−$287,688
Labor (14%)−$167,818
Occupancy−$124,223
TX MB gross tax (6.7%)−$80,313
Utilities / ins / mktg (8%)−$95,896
Card surcharge net+$13,186
Net profit $455,949
Most Likely
Typical bar, light food program, full two-shift staffing
~29%
Revenue$1,198,702
COGS (27%)−$323,650
Labor (17%)−$203,779
Occupancy−$138,025
TX MB gross tax (6.7%)−$80,313
Utilities / ins / mktg (10%)−$119,870
Card surcharge net+$13,186
Net profit $346,250
Stressed
Heavy food, larger crew, higher rent
~18%
Revenue$1,198,702
COGS (30%)−$359,611
Labor (22%)−$263,714
Occupancy−$151,828
TX MB gross tax (6.7%)−$80,313
Utilities / ins / mktg (12%)−$143,844
Card surcharge net+$13,186
Net profit $212,578
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 Hm Alpha Services CO LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $346,250/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 (~$346,250 net) estimated

Revenue multiple
$599k–$959k
0.5–0.8× gross
SDE multiple
$866k–$1.21M
2.5–3.5× earnings
Cap rate
$1.05M–$1.39M
25–33%
Suggested range
$866k–$1,199k
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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