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Financials

MB241782
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Time Out #2

307 EL DORADO BLVD, Webster, TX 77598 · TABC MB241782

Mixed Beverage Webster Market Enriched 2026-06-18
$884,570 Annual gross (L12M) ▼ 10.3% latest MoM Click for monthly detail
$73,714 Avg monthly ▼ 3.5% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $219,364/yr est. net Click for cost model
$548k–$768k Est. acquisition range 0.74× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $884,570 – $982,856/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

Time Out #2 is a mixed-beverage licensed establishment at 307 EL DORADO BLVD, Webster, Texas (TABC MB241782). Over the most recent 12 months it reported $884,570 in gross alcohol sales, averaging $73,714/month with a best month of $79,324. Sales mix: ~65% liquor · 35% beer · 1% wine. The building at this address is owned by BUILDING ON ELM STREET (11,606 sqft, $2,781,324 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $219,364 (~25% margin). Acquisition value is estimated at $548k–$768k 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
$884,570
Avg monthly
$73,714
Best month
$79,324
Mar 2026
Sales mix
65% Liq
35% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0450980000020
Property owner (landlord)BUILDING ON ELM STREET
Total building SF11,606
Assessed value$2,781,324

Time Out #2's share

Est. base rent ~$29/sqft/yr · 3,500 sqft · Class A $8,388/mo
NNN CAM / insurance$1,258/mo
NNN property tax$1,678/mo
Personal property tax est — no BPP record $177/mo
Total occupancy $11,500/mo

Occupancy analysis

All-in occupancy cost is 15.6% 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 $884,570 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$884,570
COGS (24%)−$212,297
Labor (14%)−$123,840
Occupancy−$124,202
TX MB gross tax (6.7%)−$59,266
Utilities / ins / mktg (8%)−$70,766
Card surcharge net+$9,730
Net profit $303,930
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$884,570
COGS (27%)−$238,834
Labor (17%)−$150,377
Occupancy−$138,002
TX MB gross tax (6.7%)−$59,266
Utilities / ins / mktg (10%)−$88,457
Card surcharge net+$9,730
Net profit $219,364
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$884,570
COGS (30%)−$265,371
Labor (22%)−$194,605
Occupancy−$151,802
TX MB gross tax (6.7%)−$59,266
Utilities / ins / mktg (12%)−$106,148
Card surcharge net+$9,730
Net profit $117,107
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 G & F Investments Incorporated looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $219,364/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 (~$219,364 net) estimated

Revenue multiple
$442k–$708k
0.5–0.8× gross
SDE multiple
$548k–$768k
2.5–3.5× earnings
Cap rate
$665k–$877k
25–33%
Suggested range
$548k–$768k
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 2026-06-29

Lookup pending — check back tomorrow

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