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MB200161654
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Succulent Fine Dining LLC

1180 DUNLAVY ST STE 100, Houston, TX 77019 · TABC MB200161654

Mixed Beverage Houston Market Enriched 2026-06-19
$862,296 Annual gross (L12M) Click for monthly detail
$95,811 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $346,222/yr est. net Click for cost model
$866k–$862k Est. acquisition range 1.00× 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): $1,916,213 – $3,449,184/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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Succulent Fine Dining LLC is a mixed-beverage licensed establishment at 1180 DUNLAVY ST STE 100, Houston, Texas (TABC MB200161654). Over the most recent 12 months it reported $862,296 in gross alcohol sales, averaging $95,811/month with a best month of $250,361. Sales mix: ~52% liquor · 1% beer · 47% wine. The building at this address is owned by GREENWICH COURT C A INC (5,000 sqft, $1,001 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $346,222 (~40% margin). Acquisition value is estimated at $866k–$862k 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
$862,296
Avg monthly
$95,811
Best month
$250,361
Jun 2025
Sales mix
52% Liq
1% Beer · 47% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1201910020021
Property owner (landlord)GREENWICH COURT C A INC
Total building SF whole parcel — Succulent Fine Dining LLC is in STE 1005,000
Succulent Fine Dining LLC's footprint estimated — suite-level not on file 3,500 sf
Assessed value$1,001

Succulent Fine Dining LLC's share

Est. base rent ~$0/sqft/yr · 3,500 sqft · Class C $5/mo
NNN CAM / insurance$1/mo
NNN property tax$1/mo
Personal property tax est — no BPP record $172/mo
Total occupancy $179/mo

Occupancy analysis

All-in occupancy cost is 0.2% 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 $862,296 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$862,296
COGS (24%)−$206,951
Labor (14%)−$120,721
Occupancy−$1,931
TX MB gross tax (6.7%)−$57,774
Utilities / ins / mktg (8%)−$68,984
Card surcharge net+$9,485
Net profit $415,420
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$862,296
COGS (27%)−$232,820
Labor (17%)−$146,590
Occupancy−$2,146
TX MB gross tax (6.7%)−$57,774
Utilities / ins / mktg (10%)−$86,230
Card surcharge net+$9,485
Net profit $346,222
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$862,296
COGS (30%)−$258,689
Labor (22%)−$189,705
Occupancy−$2,361
TX MB gross tax (6.7%)−$57,774
Utilities / ins / mktg (12%)−$103,476
Card surcharge net+$9,485
Net profit $259,777
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 Succulent Fine Dining LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $346,222/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 (~$346,222 net) estimated

Revenue multiple
$431k–$690k
0.5–0.8× gross
SDE multiple
$866k–$1.21M
2.5–3.5× earnings
Cap rate
$1.05M–$1.38M
25–33%
Suggested range
$866k–$862k
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 $1,916,213–$3,449,184/yr in total revenue (your liquor portion of $862,296 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
$1,916k–$3,449k
food + liquor + service
Estimated net (10–15%)
$192k–$517k
restaurant margin
Full-business value
$527k–$1,897k
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 2026-07-08

Lookup pending — check back tomorrow

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