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Financials

MB984166
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Brasil

2604 DUNLAVY ST, Houston, TX 77006 · TABC MB984166

Mixed Beverage Houston Market Enriched 2026-07-11
$337,635 Annual gross (L12M) ▲ 13.2% latest MoM Click for monthly detail
$28,136 Avg monthly ▲ 16.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $75,630/yr est. net Click for cost model
$189k–$265k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $337,635 – $375,150/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Brasil is a mixed-beverage licensed establishment at 2604 DUNLAVY ST, Houston, Texas (TABC MB984166). Over the most recent 12 months it reported $337,635 in gross alcohol sales, averaging $28,136/month with a best month of $32,749. Sales mix: ~53% liquor · 14% beer · 33% wine. The building at this address is owned by FERGUS DANIEL SAYEG MAGDALENE (2,500 sqft, $751,649 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $75,630 (~22% margin). Acquisition value is estimated at $189k–$265k 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
$337,635
Avg monthly
$28,136
Best month
$32,749
May 2026
Sales mix
53% Liq
14% Beer · 33% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0180470010007
Property owner (landlord)FERGUS DANIEL SAYEG MAGDALENE
Total building SF2,500
Assessed value$751,649

Brasil's share

Est. base rent ~$18/sqft/yr · 2,500 sqft · Class A $3,663/mo
NNN CAM / insurance$550/mo
NNN property tax$752/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $5,065/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 $337,635 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$337,635
COGS (24%)−$81,032
Labor (14%)−$47,269
Occupancy−$54,697
TX MB gross tax (6.7%)−$22,622
Utilities / ins / mktg (8%)−$27,011
Card surcharge net+$3,714
Net profit $108,718
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$337,635
COGS (27%)−$91,161
Labor (17%)−$57,398
Occupancy−$60,774
TX MB gross tax (6.7%)−$22,622
Utilities / ins / mktg (10%)−$33,764
Card surcharge net+$3,714
Net profit $75,630
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$337,635
COGS (30%)−$101,290
Labor (22%)−$74,280
Occupancy−$66,852
TX MB gross tax (6.7%)−$22,622
Utilities / ins / mktg (12%)−$40,516
Card surcharge net+$3,714
Net profit $35,789
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 Brasil LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $75,630/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 (~$75,630 net) estimated

Revenue multiple
$169k–$270k
0.5–0.8× gross
SDE multiple
$189k–$265k
2.5–3.5× earnings
Cap rate
$229k–$303k
25–33%
Suggested range
$189k–$265k
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

1 case on file · public records

1 federal case
1 civil rights
As defendant in 1 case
Most recent filing
Hynes v. Brasil LLC
TXSD · 2017-08-07 · CLOSED
Public records, last checked 2026-06-05