Eddie V's #8509

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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,324,404 – $4,183,928/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

Click to expand full narrative

Eddie V's #8509 is a mixed-beverage licensed establishment at 2800 KIRBY DR STE A100, Houston, Texas (TABC MB796664). Over the most recent 12 months it reported $1,045,982 in gross alcohol sales, averaging $87,165/month with a best month of $157,307. Sales mix: ~58% liquor · 2% beer · 40% wine. The building at this address is owned by AUSTIN TRUST CO ET AL DICKEY OWNERS ET AL (542,760 sqft, $117,549,315 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $244,639 (~23% margin). Acquisition value is estimated at $612k–$856k 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

$1,045,982

Avg monthly

$87,165

Best month

$157,307

Dec 2025

Sales mix

58% Liq

2% Beer · 40% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0101500350005

Property owner (landlord)AUSTIN TRUST CO ET AL DICKEY OWNERS ET AL

Total building SF whole parcel — Eddie V's #8509 is in STE A100542,760

Eddie V's #8509's footprint estimated — suite-level not on file 5,000 sf

Assessed value$117,549,315

Eddie V's #8509's share

Est. base rent ~$26/sqft/yr · 5,000 sqft · Class A $10,829/mo

NNN CAM / insurance$1,624/mo

NNN property tax$2,166/mo

Personal property tax est — no BPP record $209/mo

Total occupancy $14,828/mo

Occupancy analysis

All-in occupancy cost is 17.0% 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 $1,045,982 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~33%

Revenue$1,045,982

COGS (24%)−$251,036

Labor (14%)−$146,437

Occupancy−$160,144

TX MB gross tax (6.7%)−$70,081

Utilities / ins / mktg (8%)−$83,679

Card surcharge net+$11,506

Net profit $346,111

Most Likely

Typical bar, light food program, full two-shift staffing

~23%

Revenue$1,045,982

COGS (27%)−$282,415

Labor (17%)−$177,817

Occupancy−$177,938

TX MB gross tax (6.7%)−$70,081

Utilities / ins / mktg (10%)−$104,598

Card surcharge net+$11,506

Net profit $244,639

Stressed

Heavy food, larger crew, higher rent

~12%

Revenue$1,045,982

COGS (30%)−$313,795

Labor (22%)−$230,116

Occupancy−$195,731

TX MB gross tax (6.7%)−$70,081

Utilities / ins / mktg (12%)−$125,518

Card surcharge net+$11,506

Net profit $122,247

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 Eddie V's Holdings LLC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $244,639/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 (~$244,639 net) estimated

Revenue multiple

$523k–$837k

0.5–0.8× gross

SDE multiple

$612k–$856k

2.5–3.5× earnings

Cap rate

$741k–$979k

25–33%

Suggested range

$612k–$856k

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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $2,324,404–$4,183,928/yr in total revenue (your liquor portion of $1,045,982 is roughly 25–45% 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

$2,324k–$4,184k

food + liquor + service

Estimated net (10–15%)

$232k–$628k

restaurant margin

Full-business value

$639k–$2,301k

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

2 cases on file · public records

2 federal cases

1 bankruptcy

As defendant in 1 case

Most recent filing

Edgar v. Eddie V's Holdings, LLC

TNMD · 2023-09-20 · CLOSED

Public records, last checked 2026-05-22

Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

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

Federal court history