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MB200150451
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Latuli

8900 GAYLORD DR, Hedwig Village, TX 77024 · TABC MB200150451

Mixed Beverage Hedwig Village Market Enriched 2026-05-24
$3,393,018 Annual gross (L12M) ▲ 4.6% latest MoM Click for monthly detail
$282,752 Avg monthly ▼ 9.8% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $947,244/yr est. net Click for cost model
$2,368k–$3,315k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $7,540,040 – $13,572,072/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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Latuli is a mixed-beverage licensed establishment at 8900 GAYLORD DR, Hedwig Village, Texas (TABC MB200150451). Over the most recent 12 months it reported $3,393,018 in gross alcohol sales, averaging $282,752/month with a best month of $418,752. Sales mix: ~45% liquor · 1% beer · 54% wine. The building at this address is owned by 024 RE INTERESTS LLC (5,232 sqft, $1,989,958 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $947,244 (~28% margin). Acquisition value is estimated at $2,368k–$3,315k 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
$3,393,018
Avg monthly
$282,752
Best month
$418,752
Dec 2025
Sales mix
45% Liq
1% Beer · 54% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0440340010881
Property owner (landlord)024 RE INTERESTS LLC
Total building SF5,232
Assessed value$1,989,958

Latuli's share

Est. base rent ~$46/sqft/yr · 7,500 sqft · Class A $28,526/mo
NNN CAM / insurance$4,279/mo
NNN property tax$1,990/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $35,295/mo

Occupancy analysis

All-in occupancy cost is 12.5% 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 $3,393,018 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$3,393,018
COGS (24%)−$814,324
Labor (14%)−$475,023
Occupancy−$381,182
TX MB gross tax (6.7%)−$227,332
Utilities / ins / mktg (8%)−$271,441
Card surcharge net+$37,323
Net profit $1,261,039
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$3,393,018
COGS (27%)−$916,115
Labor (17%)−$576,813
Occupancy−$423,535
TX MB gross tax (6.7%)−$227,332
Utilities / ins / mktg (10%)−$339,302
Card surcharge net+$37,323
Net profit $947,244
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$3,393,018
COGS (30%)−$1,017,905
Labor (22%)−$746,464
Occupancy−$465,889
TX MB gross tax (6.7%)−$227,332
Utilities / ins / mktg (12%)−$407,162
Card surcharge net+$37,323
Net profit $565,589
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 Latuli Foods LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $947,244/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 (~$947,244 net) estimated

Revenue multiple
$1.70M–$2.71M
0.5–0.8× gross
SDE multiple
$2.37M–$3.32M
2.5–3.5× earnings
Cap rate
$2.87M–$3.79M
25–33%
Suggested range
$2,368k–$3,315k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $7,540,040–$13,572,072/yr in total revenue (your liquor portion of $3,393,018 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$7,540k–$13,572k
food + liquor + service
Estimated net (10–15%)
$754k–$2,036k
restaurant margin
Full-business value
$2,074k–$7,465k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-18

Lookup pending — check back tomorrow

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