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MB543982
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Phm Beverage INC

2900 BRIARPARK DR, Houston, TX 77042 · TABC MB543982

Mixed Beverage Houston Market Enriched 2026-06-17
$937,755 Annual gross (L12M) ▼ 7.5% latest MoM Click for monthly detail
$78,146 Avg monthly ▲ 4.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $210,057/yr est. net Click for cost model
$525k–$735k 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 Wine Bar, liquor is typically only 80–95% of total business revenue. Wine + spirits dominant. Estimated total revenue (rough): $987,111 – $1,172,194/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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Phm Beverage INC is a mixed-beverage licensed establishment at 2900 BRIARPARK DR, Houston, Texas (TABC MB543982). Over the most recent 12 months it reported $937,755 in gross alcohol sales, averaging $78,146/month with a best month of $108,377. Sales mix: ~55% liquor · 25% beer · 20% wine. The building at this address is owned by 2900 BRIARPARK DRIVE HOLDINGS LP (39,583 sqft, $30,072,522 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $210,057 (~22% margin). Acquisition value is estimated at $525k–$735k 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
$937,755
Avg monthly
$78,146
Best month
$108,377
Feb 2026
Sales mix
55% Liq
25% Beer · 20% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1108620000002
Property owner (landlord)2900 BRIARPARK DRIVE HOLDINGS LP
Total building SF39,583
Assessed value$30,072,522

Phm Beverage INC's share

Est. base rent ~$26/sqft/yr · 3,500 sqft · Class A $7,444/mo
NNN CAM / insurance$1,117/mo
NNN property tax$5,318/mo
Personal property tax est — no BPP record $188/mo
Total occupancy $14,066/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 $937,755 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$937,755
COGS (24%)−$225,061
Labor (14%)−$131,286
Occupancy−$151,916
TX MB gross tax (6.7%)−$62,830
Utilities / ins / mktg (8%)−$75,020
Card surcharge net+$10,315
Net profit $301,957
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$937,755
COGS (27%)−$253,194
Labor (17%)−$159,418
Occupancy−$168,796
TX MB gross tax (6.7%)−$62,830
Utilities / ins / mktg (10%)−$93,776
Card surcharge net+$10,315
Net profit $210,057
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$937,755
COGS (30%)−$281,326
Labor (22%)−$206,306
Occupancy−$185,675
TX MB gross tax (6.7%)−$62,830
Utilities / ins / mktg (12%)−$112,531
Card surcharge net+$10,315
Net profit $99,402
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 Phm Beverage INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $210,057/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 (~$210,057 net) estimated

Revenue multiple
$469k–$750k
0.5–0.8× gross
SDE multiple
$525k–$735k
2.5–3.5× earnings
Cap rate
$637k–$840k
25–33%
Suggested range
$525k–$735k
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 2026-06-14

No federal lawsuits — past or pending