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MB443341
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Hospitality International INC

5150 WESTHEIMER RD, Houston, TX 77056 · TABC MB443341

Mixed Beverage Houston Market Enriched 2026-05-14
$1,375,651 Annual gross (L12M) ▲ 6.3% latest MoM Click for monthly detail
$114,638 Avg monthly ▲ 20.3% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $409,337/yr est. net Click for cost model
$1,023k–$1,376k Est. acquisition range 0.87× 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): $1,375,651 – $1,528,501/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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Hospitality International INC is a mixed-beverage licensed establishment at 5150 WESTHEIMER RD, Houston, Texas (TABC MB443341). Over the most recent 12 months it reported $1,375,651 in gross alcohol sales, averaging $114,638/month with a best month of $147,433. Sales mix: ~60% liquor · 16% beer · 24% wine. The building at this address is owned by HMC RETIREMENT PROPERTIES LP (303,628 sqft, $67,062,419 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $409,337 (~30% margin). Acquisition value is estimated at $1,023k–$1,376k 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
$1,375,651
Avg monthly
$114,638
Best month
$147,433
Jan 2026
Sales mix
60% Liq
16% Beer · 24% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0451400060046
Property owner (landlord)HMC RETIREMENT PROPERTIES LP
Total building SF303,628
Assessed value$67,062,419

Hospitality International INC's share

Est. base rent ~$27/sqft/yr · 4,000 sqft · Class A $8,835/mo
NNN CAM / insurance$1,325/mo
NNN property tax$1,767/mo
Personal property tax est — no BPP record $275/mo
Total occupancy $12,202/mo

Occupancy analysis

All-in occupancy cost is 10.6% 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 $1,375,651 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,375,651
COGS (24%)−$330,156
Labor (14%)−$192,591
Occupancy−$131,783
TX MB gross tax (6.7%)−$92,169
Utilities / ins / mktg (8%)−$110,052
Card surcharge net+$15,132
Net profit $534,032
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,375,651
COGS (27%)−$371,426
Labor (17%)−$233,861
Occupancy−$146,426
TX MB gross tax (6.7%)−$92,169
Utilities / ins / mktg (10%)−$137,565
Card surcharge net+$15,132
Net profit $409,337
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,375,651
COGS (30%)−$412,695
Labor (22%)−$302,643
Occupancy−$161,068
TX MB gross tax (6.7%)−$92,169
Utilities / ins / mktg (12%)−$165,078
Card surcharge net+$15,132
Net profit $257,130
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 Hospitality International INC (2930806) looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $409,337/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 (~$409,337 net) estimated

Revenue multiple
$688k–$1.10M
0.5–0.8× gross
SDE multiple
$1.02M–$1.43M
2.5–3.5× earnings
Cap rate
$1.24M–$1.64M
25–33%
Suggested range
$1,023k–$1,376k
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 2026-05-22

Lookup pending — check back tomorrow

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