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Financials

MB200172120
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El Matador Grill & Sport Bar

12797 WESTHEIMER RD, Houston, TX 77077 · TABC MB200172120

Mixed Beverage Houston Market Enriched 2026-07-12
$103,697 Annual gross (L12M) ▲ 19.1% latest MoM Click for monthly detail
$12,962 Avg monthly ▼ 0.2% latest vs avg Click for monthly detail
~-101% Est. net margin (likely) $-104,248/yr est. net Click for cost model
$52k–$-365k Est. acquisition range -1.51× 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): $230,438 – $414,788/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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El Matador Grill & Sport Bar is a mixed-beverage licensed establishment at 12797 WESTHEIMER RD, Houston, Texas (TABC MB200172120). Over the most recent 12 months it reported $103,697 in gross alcohol sales, averaging $12,962/month with a best month of $16,653. Sales mix: ~58% liquor · 41% beer · 1% wine. The building at this address is owned by FOUR CORNERS LLC (17,632 sqft, $6,310,166 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-104,248 (~-101% margin). Acquisition value is estimated at $52k–$-365k 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
$103,697
Avg monthly
$12,962
Best month
$16,653
Feb 2026
Sales mix
58% Liq
41% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1131870000026
Property owner (landlord)FOUR CORNERS LLC
Total building SF17,632
Assessed value$6,310,166

El Matador Grill & Sport Bar's share

Est. base rent ~$43/sqft/yr · 2,500 sqft · Class A $8,947/mo
NNN CAM / insurance$1,342/mo
NNN property tax$1,789/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $12,178/mo

Occupancy analysis

All-in occupancy cost is 140.9% 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 $103,697 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-78%
Revenue$103,697
COGS (24%)−$24,887
Labor (14%)−$14,518
Occupancy−$131,528
TX MB gross tax (6.7%)−$6,948
Utilities / ins / mktg (8%)−$8,296
Card surcharge net+$1,141
Net profit $-81,338
Most Likely
Typical bar, light food program, full two-shift staffing
~-101%
Revenue$103,697
COGS (27%)−$27,998
Labor (17%)−$17,628
Occupancy−$146,142
TX MB gross tax (6.7%)−$6,948
Utilities / ins / mktg (10%)−$10,370
Card surcharge net+$1,141
Net profit $-104,248
Stressed
Heavy food, larger crew, higher rent
~-125%
Revenue$103,697
COGS (30%)−$31,109
Labor (22%)−$22,813
Occupancy−$160,756
TX MB gross tax (6.7%)−$6,948
Utilities / ins / mktg (12%)−$12,444
Card surcharge net+$1,141
Net profit $-129,232
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 El Matador Grill & Sport Bar INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-104,248/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 (~$-104,248 net) estimated

Revenue multiple
$52k–$83k
0.5–0.8× gross
SDE multiple
$-261k–$-365k
2.5–3.5× earnings
Cap rate
$-316k–$-417k
25–33%
Suggested range
$52k–$-365k
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 $230,438–$414,788/yr in total revenue (your liquor portion of $103,697 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
$230k–$415k
food + liquor + service
Estimated net (10–15%)
$23k–$62k
restaurant margin
Full-business value
$63k–$228k
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 2026-07-28

No federal lawsuits — past or pending