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Financials

MB497628
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El Patio Mexican Restaurant

6444 WESTHEIMER RD, Houston, TX 77057 · TABC MB497628

Mixed Beverage Houston Market Enriched 2026-06-15
$1,048,656 Annual gross (L12M) ▲ 7.3% latest MoM Click for monthly detail
$87,388 Avg monthly ▼ 8.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $234,899/yr est. net Click for cost model
$587k–$822k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $2,996,160 – $5,243,280/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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El Patio Mexican Restaurant is a mixed-beverage licensed establishment at 6444 WESTHEIMER RD, Houston, Texas (TABC MB497628). Over the most recent 12 months it reported $1,048,656 in gross alcohol sales, averaging $87,388/month with a best month of $108,785. Sales mix: ~88% liquor · 7% beer · 5% wine. The building at this address is owned by AD PALMS LLC (148,232 sqft, $48,660,297 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $234,899 (~22% margin). Acquisition value is estimated at $587k–$822k 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
$1,048,656
Avg monthly
$87,388
Best month
$108,785
Dec 2025
Sales mix
88% Liq
7% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0410280040160
Property owner (landlord)AD PALMS LLC
Total building SF148,232
Assessed value$48,660,297

El Patio Mexican Restaurant's share

Est. base rent ~$26/sqft/yr · 5,000 sqft · Class A $10,641/mo
NNN CAM / insurance$1,596/mo
NNN property tax$3,283/mo
Personal property tax est — no BPP record $210/mo
Total occupancy $15,730/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 $1,048,656 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,048,656
COGS (24%)−$251,677
Labor (14%)−$146,812
Occupancy−$169,882
TX MB gross tax (6.7%)−$70,260
Utilities / ins / mktg (8%)−$83,892
Card surcharge net+$11,535
Net profit $337,667
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,048,656
COGS (27%)−$283,137
Labor (17%)−$178,272
Occupancy−$188,758
TX MB gross tax (6.7%)−$70,260
Utilities / ins / mktg (10%)−$104,866
Card surcharge net+$11,535
Net profit $234,899
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,048,656
COGS (30%)−$314,597
Labor (22%)−$230,704
Occupancy−$207,634
TX MB gross tax (6.7%)−$70,260
Utilities / ins / mktg (12%)−$125,839
Card surcharge net+$11,535
Net profit $111,158
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 El Patio Restaurant & Club L.L.C looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $234,899/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 (~$234,899 net) estimated

Revenue multiple
$524k–$839k
0.5–0.8× gross
SDE multiple
$587k–$822k
2.5–3.5× earnings
Cap rate
$712k–$940k
25–33%
Suggested range
$587k–$822k
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.
Full-business estimate · Mexican Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this mexican restaurant pulls $2,996,160–$5,243,280/yr in total revenue (your liquor portion of $1,048,656 is roughly 20–35% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$2,996k–$5,243k
food + liquor + service
Estimated net (10–15%)
$300k–$786k
restaurant margin
Full-business value
$824k–$2,884k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-24

Lookup pending — check back tomorrow

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