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Financials

MB892657
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Kirby Ice House

3333 EASTSIDE ST, Houston, TX 77098 · TABC MB892657

Mixed Beverage Houston Market Enriched 2026-05-24
$5,217,952 Annual gross (L12M) ▼ 3.0% latest MoM Click for monthly detail
$434,829 Avg monthly ▼ 9.6% latest vs avg Click for monthly detail
~23% Est. net margin (likely) $1,221,961/yr est. net Click for cost model
$3,055k–$4,277k Est. acquisition range 0.70× 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 Icehouse, liquor is typically only 90–98% of total business revenue. Beer-led, minimal food. Estimated total revenue (rough): $5,324,441 – $5,797,724/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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Kirby Ice House is a mixed-beverage licensed establishment at 3333 EASTSIDE ST, Houston, Texas (TABC MB892657). Over the most recent 12 months it reported $5,217,952 in gross alcohol sales, averaging $434,829/month with a best month of $539,678. Sales mix: ~54% liquor · 42% beer · 4% wine. The building at this address is owned by BAMMEL EASTSIDE HOLDINGS LLC (2,500 sqft, $2,065,942 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,221,961 (~23% margin). Acquisition value is estimated at $3,055k–$4,277k 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
$5,217,952
Avg monthly
$434,829
Best month
$539,678
Nov 2025
Sales mix
54% Liq
42% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1356380010003
Property owner (landlord)BAMMEL EASTSIDE HOLDINGS LLC
Total building SF2,500
Assessed value$2,065,942

Kirby Ice House's share

Est. base rent ~$99/sqft/yr · 7,500 sqft · Class A $61,978/mo
NNN CAM / insurance$9,297/mo
NNN property tax$2,066/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $73,841/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 $5,217,952 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$5,217,952
COGS (24%)−$1,252,308
Labor (14%)−$730,513
Occupancy−$797,482
TX MB gross tax (6.7%)−$349,603
Utilities / ins / mktg (8%)−$417,436
Card surcharge net+$57,397
Net profit $1,728,007
Most Likely
Typical bar, light food program, full two-shift staffing
~23%
Revenue$5,217,952
COGS (27%)−$1,408,847
Labor (17%)−$887,052
Occupancy−$886,091
TX MB gross tax (6.7%)−$349,603
Utilities / ins / mktg (10%)−$521,795
Card surcharge net+$57,397
Net profit $1,221,961
Stressed
Heavy food, larger crew, higher rent
~12%
Revenue$5,217,952
COGS (30%)−$1,565,386
Labor (22%)−$1,147,949
Occupancy−$974,700
TX MB gross tax (6.7%)−$349,603
Utilities / ins / mktg (12%)−$626,154
Card surcharge net+$57,397
Net profit $611,557
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 Fif Woodrows LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,221,961/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 (~$1,221,961 net) estimated

Revenue multiple
$2.61M–$4.17M
0.5–0.8× gross
SDE multiple
$3.05M–$4.28M
2.5–3.5× earnings
Cap rate
$3.70M–$4.89M
25–33%
Suggested range
$3,055k–$4,277k
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 2026-05-25

Lookup pending — check back tomorrow

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