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Financials

MB200183927
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Blend Bar

1701 LAKE ROBBINS DR STE 100, The Woodlands, TX 77380 · TABC MB200183927

Mixed Beverage The Woodlands Market Enriched 2026-07-11
$344,795 Annual gross (L12M) ▲ 14.7% latest MoM Click for monthly detail
$86,199 Avg monthly ▲ 7.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $96,563/yr est. net Click for cost model
$241k–$338k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $362,942 – $405,641/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Blend Bar is a mixed-beverage licensed establishment at 1701 LAKE ROBBINS DR STE 100, The Woodlands, Texas (TABC MB200183927). Over the most recent 12 months it reported $344,795 in gross alcohol sales, averaging $86,199/month with a best month of $92,457. Sales mix: ~84% liquor · 5% beer · 10% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $96,563 (~28% margin). Acquisition value is estimated at $241k–$338k 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
$344,795
Avg monthly
$86,199
Best month
$92,457
May 2026
Sales mix
84% Liq
5% Beer · 10% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$3,017/mo
NNN CAM / insurance$453/mo
Total occupancy$3,561/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $344,795 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$344,795
COGS (24%)−$82,751
Labor (14%)−$48,271
Occupancy−$38,461
TX MB gross tax (6.7%)−$23,101
Utilities / ins / mktg (8%)−$27,584
Card surcharge net+$3,793
Net profit $128,420
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$344,795
COGS (27%)−$93,095
Labor (17%)−$58,615
Occupancy−$42,734
TX MB gross tax (6.7%)−$23,101
Utilities / ins / mktg (10%)−$34,480
Card surcharge net+$3,793
Net profit $96,563
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$344,795
COGS (30%)−$103,438
Labor (22%)−$75,855
Occupancy−$47,007
TX MB gross tax (6.7%)−$23,101
Utilities / ins / mktg (12%)−$41,375
Card surcharge net+$3,793
Net profit $57,810
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 Bbtx Entertainment LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $96,563/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 (~$96,563 net) estimated

Revenue multiple
$172k–$276k
0.5–0.8× gross
SDE multiple
$241k–$338k
2.5–3.5× earnings
Cap rate
$293k–$386k
25–33%
Suggested range
$241k–$338k
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 2026-08-18

No federal lawsuits — past or pending