← Whiskey Cake Kitchen & Bar /

Financials

MB982902
Dashboard › Whiskey Cake Kitchen & Bar › Financial Intelligence

Whiskey Cake Kitchen & Bar

18840 GULF FWY, Friendswood, TX 77546 · TABC MB982902

Mixed Beverage Friendswood Market Enriched 2026-05-19
$1,610,193 Annual gross (L12M) ▼ 4.7% latest MoM Click for monthly detail
$134,183 Avg monthly ▲ 2.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $448,699/yr est. net Click for cost model
$1,122k–$1,570k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,694,940 – $1,894,345/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Whiskey Cake Kitchen & Bar My bars

Executive Summary

Click to expand full narrative

Whiskey Cake Kitchen & Bar is a mixed-beverage licensed establishment at 18840 GULF FWY, Friendswood, Texas (TABC MB982902). Over the most recent 12 months it reported $1,610,193 in gross alcohol sales, averaging $134,183/month with a best month of $161,203. Sales mix: ~81% liquor · 7% beer · 12% wine. The building at this address is owned by BAYBROOK LPC LLC (415,328 sqft, $101,501,427 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $448,699 (~28% margin). Acquisition value is estimated at $1,122k–$1,570k 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
$1,610,193
Avg monthly
$134,183
Best month
$161,203
Dec 2025
Sales mix
81% Liq
7% Beer · 12% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1360810010001
Property owner (landlord)BAYBROOK LPC LLC
Total building SF415,328
Assessed value$101,501,427

Whiskey Cake Kitchen & Bar's share

Est. base rent ~$29/sqft/yr · 5,000 sqft · Class A $12,219/mo
NNN CAM / insurance$1,833/mo
NNN property tax$2,444/mo
Personal property tax est — no BPP record $322/mo
Total occupancy $16,818/mo

Occupancy analysis

All-in occupancy cost is 12.5% 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 $1,610,193 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,610,193
COGS (24%)−$386,446
Labor (14%)−$225,427
Occupancy−$181,637
TX MB gross tax (6.7%)−$107,883
Utilities / ins / mktg (8%)−$128,815
Card surcharge net+$17,712
Net profit $597,696
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,610,193
COGS (27%)−$434,752
Labor (17%)−$273,733
Occupancy−$201,819
TX MB gross tax (6.7%)−$107,883
Utilities / ins / mktg (10%)−$161,019
Card surcharge net+$17,712
Net profit $448,699
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,610,193
COGS (30%)−$483,058
Labor (22%)−$354,242
Occupancy−$222,001
TX MB gross tax (6.7%)−$107,883
Utilities / ins / mktg (12%)−$193,223
Card surcharge net+$17,712
Net profit $267,498
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 Whiskey Cake Baybrook Beverage Holding LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $448,699/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 (~$448,699 net) estimated

Revenue multiple
$805k–$1.29M
0.5–0.8× gross
SDE multiple
$1.12M–$1.57M
2.5–3.5× earnings
Cap rate
$1.36M–$1.79M
25–33%
Suggested range
$1,122k–$1,570k
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 2026-06-05

Lookup pending — check back tomorrow

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