← Mcgonigel's Mucky Duck /

Financials

MB969373
Dashboard › Mcgonigel's Mucky Duck › Financial Intelligence

Mcgonigel's Mucky Duck

2425 NORFOLK ST, Houston, TX 77098 · TABC MB969373

Mixed Beverage Houston Market Enriched 2026-07-10
$535,308 Annual gross (L12M) ▲ 42.6% latest MoM Click for monthly detail
$44,609 Avg monthly ▲ 2.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $119,909/yr est. net Click for cost model
$300k–$420k Est. acquisition range 0.67× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $764,726 – $1,070,616/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Mcgonigel's Mucky Duck My bars

Executive Summary

Click to expand full narrative

Mcgonigel's Mucky Duck is a mixed-beverage licensed establishment at 2425 NORFOLK ST, Houston, Texas (TABC MB969373). Over the most recent 12 months it reported $535,308 in gross alcohol sales, averaging $44,609/month with a best month of $63,356. Sales mix: ~41% liquor · 33% beer · 27% wine. The building at this address is owned by ANDREWS LOYD R JR & TERESA D (2,500 sqft, $1,566,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $119,909 (~22% margin). Acquisition value is estimated at $300k–$420k 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
$535,308
Avg monthly
$44,609
Best month
$63,356
Dec 2025
Sales mix
41% Liq
33% Beer · 27% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0260230060005
Property owner (landlord)ANDREWS LOYD R JR & TERESA D
Total building SF2,500
Assessed value$1,566,000

Mcgonigel's Mucky Duck's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class A $5,527/mo
NNN CAM / insurance$829/mo
NNN property tax$1,566/mo
Personal property tax est — no BPP record $107/mo
Total occupancy $8,030/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $535,308 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$535,308
COGS (24%)−$128,474
Labor (14%)−$74,943
Occupancy−$86,720
TX MB gross tax (6.7%)−$35,866
Utilities / ins / mktg (8%)−$42,825
Card surcharge net+$5,888
Net profit $172,369
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$535,308
COGS (27%)−$144,533
Labor (17%)−$91,002
Occupancy−$96,355
TX MB gross tax (6.7%)−$35,866
Utilities / ins / mktg (10%)−$53,531
Card surcharge net+$5,888
Net profit $119,909
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$535,308
COGS (30%)−$160,592
Labor (22%)−$117,768
Occupancy−$105,991
TX MB gross tax (6.7%)−$35,866
Utilities / ins / mktg (12%)−$64,237
Card surcharge net+$5,888
Net profit $56,743
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 Mcgonigel's Mucky Duck INC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $119,909/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 (~$119,909 net) estimated

Revenue multiple
$268k–$428k
0.5–0.8× gross
SDE multiple
$300k–$420k
2.5–3.5× earnings
Cap rate
$363k–$480k
25–33%
Suggested range
$300k–$420k
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 2026-07-03

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.