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Financials

MB200184780
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Cowboys Red River

7500 BELLAIRE BLVD STE C18, Houston, TX 77036 · TABC MB200184780

Mixed Beverage Houston Market Enriched 2026-08-26
$202,064 Annual gross (L12M) ▲ 65.9% latest MoM Click for monthly detail
$101,032 Avg monthly ▲ 24.8% latest vs avg Click for monthly detail
~-394% Est. net margin (likely) $-795,485/yr est. net Click for cost model
$101k–$-2,784k Est. acquisition range -6.64× 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 Saloon, liquor is typically only 85–95% of total business revenue. Liquor-led. Estimated total revenue (rough): $212,699 – $237,722/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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Cowboys Red River is a mixed-beverage licensed establishment at 7500 BELLAIRE BLVD STE C18, Houston, Texas (TABC MB200184780). Over the most recent 12 months it reported $202,064 in gross alcohol sales, averaging $101,032/month with a best month of $126,061. Sales mix: ~64% liquor · 36% beer · 0% wine. The building at this address is owned by MATTHEW HUYNH LLC (3,093 sqft, $7,090,035 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-795,485 (~-394% margin). Acquisition value is estimated at $101k–$-2,784k 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
$202,064
Avg monthly
$101,032
Best month
$126,061
Jul 2026
Sales mix
64% Liq
36% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0930660000001
Property owner (landlord)MATTHEW HUYNH LLC
Total building SF whole parcel — Cowboys Red River is in STE C183,093
Cowboys Red River's footprint estimated — suite-level not on file 2,500 sf
Assessed value$7,090,035

Cowboys Red River's share

Est. base rent ~$275/sqft/yr · 2,500 sqft · Class A $57,307/mo
NNN CAM / insurance$8,596/mo
NNN property tax$7,090/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $73,093/mo

Occupancy analysis

All-in occupancy cost is 434.1% 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 $202,064 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-342%
Revenue$202,064
COGS (24%)−$48,495
Labor (14%)−$28,289
Occupancy−$789,407
TX MB gross tax (6.7%)−$13,538
Utilities / ins / mktg (8%)−$16,165
Card surcharge net+$2,223
Net profit $-691,608
Most Likely
Typical bar, light food program, full two-shift staffing
~-394%
Revenue$202,064
COGS (27%)−$54,557
Labor (17%)−$34,351
Occupancy−$877,118
TX MB gross tax (6.7%)−$13,538
Utilities / ins / mktg (10%)−$20,206
Card surcharge net+$2,223
Net profit $-795,485
Stressed
Heavy food, larger crew, higher rent
~-447%
Revenue$202,064
COGS (30%)−$60,619
Labor (22%)−$44,454
Occupancy−$964,830
TX MB gross tax (6.7%)−$13,538
Utilities / ins / mktg (12%)−$24,248
Card surcharge net+$2,223
Net profit $-903,403
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 Dancehall Houston LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-795,485/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 (~$-795,485 net) estimated

Revenue multiple
$101k–$162k
0.5–0.8× gross
SDE multiple
$-1,989k–$-2,784k
2.5–3.5× earnings
Cap rate
$-2,411k–$-3,182k
25–33%
Suggested range
$101k–$-2,784k
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 2026-08-16

Lookup pending — check back tomorrow

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