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Financials

MB216695
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Centerfolds

6166 RICHMOND AVE, Houston, TX 77057 · TABC MB216695

Mixed Beverage Houston Market Enriched 2026-06-15
$1,277,166 Annual gross (L12M) ▲ 16.6% latest MoM Click for monthly detail
$106,430 Avg monthly ▲ 1.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $286,085/yr est. net Click for cost model
$715k–$1,001k 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): $1,344,385 – $1,502,548/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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Centerfolds is a mixed-beverage licensed establishment at 6166 RICHMOND AVE, Houston, Texas (TABC MB216695). Over the most recent 12 months it reported $1,277,166 in gross alcohol sales, averaging $106,430/month with a best month of $125,751. Sales mix: ~62% liquor · 8% beer · 29% wine. The building at this address is owned by 1755 NW CORPORATION (5,288 sqft, $2,352,035 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $286,085 (~22% margin). Acquisition value is estimated at $715k–$1,001k 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
$1,277,166
Avg monthly
$106,430
Best month
$125,751
Jul 2025
Sales mix
62% Liq
8% Beer · 29% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0690430000094
Property owner (landlord)1755 NW CORPORATION
Total building SF5,288
Assessed value$2,352,035

Centerfolds's share

Est. base rent ~$35/sqft/yr · 5,000 sqft · Class A $14,391/mo
NNN CAM / insurance$2,159/mo
NNN property tax$2,352/mo
Personal property tax est — no BPP record $255/mo
Total occupancy $19,157/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 $1,277,166 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,277,166
COGS (24%)−$306,520
Labor (14%)−$178,803
Occupancy−$206,901
TX MB gross tax (6.7%)−$85,570
Utilities / ins / mktg (8%)−$102,173
Card surcharge net+$14,049
Net profit $411,247
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,277,166
COGS (27%)−$344,835
Labor (17%)−$217,118
Occupancy−$229,890
TX MB gross tax (6.7%)−$85,570
Utilities / ins / mktg (10%)−$127,717
Card surcharge net+$14,049
Net profit $286,085
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,277,166
COGS (30%)−$383,150
Labor (22%)−$280,977
Occupancy−$252,879
TX MB gross tax (6.7%)−$85,570
Utilities / ins / mktg (12%)−$153,260
Card surcharge net+$14,049
Net profit $135,380
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 A. H. D. Houston INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $286,085/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 (~$286,085 net) estimated

Revenue multiple
$639k–$1.02M
0.5–0.8× gross
SDE multiple
$715k–$1.00M
2.5–3.5× earnings
Cap rate
$867k–$1.14M
25–33%
Suggested range
$715k–$1,001k
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

6 cases on file · 1 currently open · public records

6 federal cases
1 currently open
4 wage-and-hour
1 civil rights
Most recent filing
Nicholson v. A.H.D. Houston, Inc.
TXSD · 2021-08-12 · CLOSED
Public records, last checked 2026-06-11