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Financials

MB200166418
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The Line Sports Grill

3950 S TERMINAL RD TERM B S SPC B25, Houston, TX 77032 · TABC MB200166418

Mixed Beverage Houston Market Enriched 2026-05-14
$1,354,576 Annual gross (L12M) ▲ 20.1% latest MoM Click for monthly detail
$169,322 Avg monthly ▲ 24.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $381,997/yr est. net Click for cost model
$955k–$1,337k Est. acquisition range 0.85× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,935,109 – $2,709,152/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 Line Sports Grill is a mixed-beverage licensed establishment at 3950 S TERMINAL RD TERM B S SPC B25, Houston, Texas (TABC MB200166418). Over the most recent 12 months it reported $1,354,576 in gross alcohol sales, averaging $169,322/month with a best month of $210,880. Sales mix: ~50% liquor · 38% beer · 11% 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 $381,997 (~28% margin). Acquisition value is estimated at $955k–$1,337k 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
$1,354,576
Avg monthly
$169,322
Best month
$210,880
Mar 2026
Sales mix
50% Liq
38% Beer · 11% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0441120001001
Property owner (landlord)CITY OF HOUSTON (WILL CLAYTON PKY)
Total building SF103,132
Assessed value$25,783,164

The Line Sports Grill's share

Est. base rent ~$30/sqft/yr · 4,000 sqft · Class A $10,000/mo
NNN CAM / insurance$1,500/mo
NNN property tax$2,000/mo
Personal property tax est — no BPP record $271/mo
Total occupancy $13,771/mo

Occupancy analysis

All-in occupancy cost is 12.2% 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 $1,354,576 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,354,576
COGS (24%)−$325,098
Labor (14%)−$189,641
Occupancy−$148,727
TX MB gross tax (6.7%)−$90,757
Utilities / ins / mktg (8%)−$108,366
Card surcharge net+$14,900
Net profit $506,888
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,354,576
COGS (27%)−$365,736
Labor (17%)−$230,278
Occupancy−$165,252
TX MB gross tax (6.7%)−$90,757
Utilities / ins / mktg (10%)−$135,458
Card surcharge net+$14,900
Net profit $381,997
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,354,576
COGS (30%)−$406,373
Labor (22%)−$298,007
Occupancy−$181,777
TX MB gross tax (6.7%)−$90,757
Utilities / ins / mktg (12%)−$162,549
Card surcharge net+$14,900
Net profit $230,014
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 Otg Management Iah LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $381,997/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 (~$381,997 net) estimated

Revenue multiple
$677k–$1.08M
0.5–0.8× gross
SDE multiple
$955k–$1.34M
2.5–3.5× earnings
Cap rate
$1.16M–$1.53M
25–33%
Suggested range
$955k–$1,337k
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 2026-06-10

Lookup pending — check back tomorrow

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