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MB200166805
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Science And Sip

920 E LITTLE YORK RD STE 900, Houston, TX 77076 · TABC MB200166805

Mixed Beverage Houston Market Enriched 2026-09-12
$242,883 Annual gross (L12M) ▼ 0.4% latest MoM Click for monthly detail
$20,240 Avg monthly ▼ 53.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $54,406/yr est. net Click for cost model
$136k–$190k Est. acquisition range 0.67× 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): $255,666 – $285,745/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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Science And Sip is a mixed-beverage licensed establishment at 920 E LITTLE YORK RD STE 900, Houston, Texas (TABC MB200166805). Over the most recent 12 months it reported $242,883 in gross alcohol sales, averaging $20,240/month with a best month of $47,793. Sales mix: ~97% liquor · 0% beer · 3% wine. The building at this address is owned by GINGI INVESTMENTS LLC (3,439 sqft, $1,080,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $54,406 (~22% margin). Acquisition value is estimated at $136k–$190k 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
$242,883
Avg monthly
$20,240
Best month
$47,793
Aug 2025
Sales mix
97% Liq
0% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0222390000001
Property owner (landlord)GINGI INVESTMENTS LLC
Total building SF whole parcel — Science And Sip is in STE 9003,439
Science And Sip's footprint estimated — suite-level not on file 2,500 sf
Assessed value$1,080,000

Science And Sip's share

Est. base rent ~$10/sqft/yr · 2,500 sqft · Class A $2,142/mo
NNN CAM / insurance$321/mo
NNN property tax$1,080/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,643/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $242,883 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$242,883
COGS (24%)−$58,292
Labor (14%)−$34,004
Occupancy−$39,347
TX MB gross tax (6.7%)−$16,273
Utilities / ins / mktg (8%)−$19,431
Card surcharge net+$2,672
Net profit $78,208
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$242,883
COGS (27%)−$65,578
Labor (17%)−$41,290
Occupancy−$43,719
TX MB gross tax (6.7%)−$16,273
Utilities / ins / mktg (10%)−$24,288
Card surcharge net+$2,672
Net profit $54,406
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$242,883
COGS (30%)−$72,865
Labor (22%)−$53,434
Occupancy−$48,091
TX MB gross tax (6.7%)−$16,273
Utilities / ins / mktg (12%)−$29,146
Card surcharge net+$2,672
Net profit $25,746
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 Science And Sip LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $54,406/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 (~$54,406 net) estimated

Revenue multiple
$121k–$194k
0.5–0.8× gross
SDE multiple
$136k–$190k
2.5–3.5× earnings
Cap rate
$165k–$218k
25–33%
Suggested range
$136k–$190k
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 2026-06-17

Lookup pending — check back tomorrow

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