← Houston Avenue Bar /

Financials

MB762001
Dashboard › Houston Avenue Bar › Financial Intelligence

Houston Avenue Bar

1658 ENID ST, Houston, TX 77009 · TABC MB762001

Mixed Beverage Houston Market Enriched 2026-09-10
$459,364 Annual gross (L12M) ▲ 13.9% latest MoM Click for monthly detail
$38,280 Avg monthly ▼ 8.0% latest vs avg Click for monthly detail
~36% Est. net margin (likely) $167,406/yr est. net Click for cost model
$419k–$459k Est. acquisition range 0.96× 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): $459,364 – $510,404/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Houston Avenue Bar My bars

Executive Summary

Click to expand full narrative

Houston Avenue Bar is a mixed-beverage licensed establishment at 1658 ENID ST, Houston, Texas (TABC MB762001). Over the most recent 12 months it reported $459,364 in gross alcohol sales, averaging $38,280/month with a best month of $43,956. Sales mix: ~47% liquor · 51% beer · 2% wine. The building at this address is owned by MILLER GRACE (2,500 sqft, $163,245 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $167,406 (~36% margin). Acquisition value is estimated at $419k–$459k 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
$459,364
Avg monthly
$38,280
Best month
$43,956
May 2026
Sales mix
47% Liq
51% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0400620000025
Property owner (landlord)MILLER GRACE
Total building SF2,500
Assessed value$163,245

Houston Avenue Bar's share

Est. base rent ~$5/sqft/yr · 2,500 sqft · Class C $1,088/mo
NNN CAM / insurance$163/mo
NNN property tax$163/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $1,515/mo

Occupancy analysis

All-in occupancy cost is 4.0% 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 $459,364 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~45%
Revenue$459,364
COGS (24%)−$110,247
Labor (14%)−$64,311
Occupancy−$16,360
TX MB gross tax (6.7%)−$30,777
Utilities / ins / mktg (8%)−$36,749
Card surcharge net+$5,053
Net profit $205,972
Most Likely
Typical bar, light food program, full two-shift staffing
~36%
Revenue$459,364
COGS (27%)−$124,028
Labor (17%)−$78,092
Occupancy−$18,177
TX MB gross tax (6.7%)−$30,777
Utilities / ins / mktg (10%)−$45,936
Card surcharge net+$5,053
Net profit $167,406
Stressed
Heavy food, larger crew, higher rent
~26%
Revenue$459,364
COGS (30%)−$137,809
Labor (22%)−$101,060
Occupancy−$19,995
TX MB gross tax (6.7%)−$30,777
Utilities / ins / mktg (12%)−$55,124
Card surcharge net+$5,053
Net profit $119,651
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 Houston Avenue Bar L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $167,406/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 (~$167,406 net) estimated

Revenue multiple
$230k–$367k
0.5–0.8× gross
SDE multiple
$419k–$586k
2.5–3.5× earnings
Cap rate
$507k–$670k
25–33%
Suggested range
$419k–$459k
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.