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Financials

MB913754
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Fogo De Chao Churrascaria

1900 HUGHES LANDING BLVD STE 400, The Woodlands, TX 77380 · TABC MB913754

Mixed Beverage The Woodlands Market Enriched 2026-06-18
$907,783 Annual gross (L12M) ▲ 7.6% latest MoM Click for monthly detail
$75,649 Avg monthly ▼ 5.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $255,132/yr est. net Click for cost model
$638k–$893k Est. acquisition range 0.84× 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 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): $2,017,296 – $3,631,132/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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Fogo De Chao Churrascaria is a mixed-beverage licensed establishment at 1900 HUGHES LANDING BLVD STE 400, The Woodlands, Texas (TABC MB913754). Over the most recent 12 months it reported $907,783 in gross alcohol sales, averaging $75,649/month with a best month of $123,142. Sales mix: ~57% liquor · 6% beer · 37% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $255,132 (~28% margin). Acquisition value is estimated at $638k–$893k 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
$907,783
Avg monthly
$75,649
Best month
$123,142
Dec 2025
Sales mix
57% Liq
6% Beer · 37% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$7,943/mo
NNN CAM / insurance$1,191/mo
Total occupancy$9,301/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $907,783 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$907,783
COGS (24%)−$217,868
Labor (14%)−$127,090
Occupancy−$100,451
TX MB gross tax (6.7%)−$60,821
Utilities / ins / mktg (8%)−$72,623
Card surcharge net+$9,986
Net profit $338,916
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$907,783
COGS (27%)−$245,101
Labor (17%)−$154,323
Occupancy−$111,612
TX MB gross tax (6.7%)−$60,821
Utilities / ins / mktg (10%)−$90,778
Card surcharge net+$9,986
Net profit $255,132
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$907,783
COGS (30%)−$272,335
Labor (22%)−$199,712
Occupancy−$122,773
TX MB gross tax (6.7%)−$60,821
Utilities / ins / mktg (12%)−$108,934
Card surcharge net+$9,986
Net profit $153,193
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 Fogo De Chao Churrascaria (Woodlands) LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $255,132/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 (~$255,132 net) estimated

Revenue multiple
$454k–$726k
0.5–0.8× gross
SDE multiple
$638k–$893k
2.5–3.5× earnings
Cap rate
$773k–$1.02M
25–33%
Suggested range
$638k–$893k
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 $2,017,296–$3,631,132/yr in total revenue (your liquor portion of $907,783 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
$2,017k–$3,631k
food + liquor + service
Estimated net (10–15%)
$202k–$545k
restaurant margin
Full-business value
$555k–$1,997k
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

Public records · last checked 2026-06-25

Lookup pending — check back tomorrow

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