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Financials

MB716737
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Anvil

1424 WESTHEIMER RD STE B, Houston, TX 77006 · TABC MB716737

Mixed Beverage Houston Market Enriched 2026-05-24
$2,733,151 Annual gross (L12M) ▼ 2.7% latest MoM Click for monthly detail
$227,763 Avg monthly ▼ 4.5% latest vs avg Click for monthly detail
~27% Est. net margin (likely) $729,648/yr est. net Click for cost model
$1,824k–$2,554k Est. acquisition range 0.80× 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): $2,877,001 – $3,215,472/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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Anvil is a mixed-beverage licensed establishment at 1424 WESTHEIMER RD STE B, Houston, Texas (TABC MB716737). Over the most recent 12 months it reported $2,733,151 in gross alcohol sales, averaging $227,763/month with a best month of $277,236. Sales mix: ~96% liquor · 3% beer · 1% wine. The building at this address is owned by WINDSOR CENTER LLC (2,500 sqft, $865,129 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $729,648 (~27% margin). Acquisition value is estimated at $1,824k–$2,554k 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
$2,733,151
Avg monthly
$227,763
Best month
$277,236
Dec 2025
Sales mix
96% Liq
3% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0382450000001
Property owner (landlord)WINDSOR CENTER LLC
Total building SF whole parcel — Anvil is in STE B2,500
Anvil's footprint estimated — suite-level not on file 7,500 sf
Assessed value$865,129

Anvil's share

Est. base rent ~$42/sqft/yr · 7,500 sqft · Class A $25,954/mo
NNN CAM / insurance$3,893/mo
NNN property tax$865/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $31,212/mo

Occupancy analysis

All-in occupancy cost is 13.7% 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 $2,733,151 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$2,733,151
COGS (24%)−$655,956
Labor (14%)−$382,641
Occupancy−$337,090
TX MB gross tax (6.7%)−$183,121
Utilities / ins / mktg (8%)−$218,652
Card surcharge net+$30,065
Net profit $985,755
Most Likely
Typical bar, light food program, full two-shift staffing
~27%
Revenue$2,733,151
COGS (27%)−$737,951
Labor (17%)−$464,636
Occupancy−$374,545
TX MB gross tax (6.7%)−$183,121
Utilities / ins / mktg (10%)−$273,315
Card surcharge net+$30,065
Net profit $729,648
Stressed
Heavy food, larger crew, higher rent
~15%
Revenue$2,733,151
COGS (30%)−$819,945
Labor (22%)−$601,293
Occupancy−$411,999
TX MB gross tax (6.7%)−$183,121
Utilities / ins / mktg (12%)−$327,978
Card surcharge net+$30,065
Net profit $418,878
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 Anvil Bar & Refuge LTD looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $729,648/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 (~$729,648 net) estimated

Revenue multiple
$1.37M–$2.19M
0.5–0.8× gross
SDE multiple
$1.82M–$2.55M
2.5–3.5× earnings
Cap rate
$2.21M–$2.92M
25–33%
Suggested range
$1,824k–$2,554k
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 2026-05-28

No federal lawsuits — past or pending