5510 MORNINGSIDE DR STE 100, Houston, TX 77005 · TABC MB973065
Click to expand full narrative
Hopdoddy Burger Bar is a mixed-beverage licensed establishment at 5510 MORNINGSIDE DR STE 100, Houston, Texas (TABC MB973065). Over the most recent 12 months it reported $416,536 in gross alcohol sales, averaging $34,711/month with a best month of $44,431. Sales mix: ~63% liquor · 34% beer · 2% wine. The building at this address is owned by UNIVERSITY NORTHEAST LLC (241,165 sqft, $72,537,821 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $93,304 (~22% margin). Acquisition value is estimated at $233k–$327k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Hopdoddy Burger Bar's share
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.
Texas bar cost model applied to $416,536 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$93,304 net) estimated
Public records · last checked 2026-07-09
Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.
—