309 GRAY ST STE 111, Houston, TX 77002 · TABC MB992437
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Cyclone Anaya's Mexican Kitchen is a mixed-beverage licensed establishment at 309 GRAY ST STE 111, Houston, Texas (TABC MB992437). Over the most recent 12 months it reported $533,072 in gross alcohol sales, averaging $44,423/month with a best month of $51,839. Sales mix: ~91% liquor · 6% beer · 3% wine. The building at this address is owned by POST MIDTOWN SQUARE LP (238,289 sqft, $64,679,861 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $119,408 (~22% margin). Acquisition value is estimated at $299k–$418k 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)
Cyclone Anaya's Mexican Kitchen'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 $533,072 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$119,408 net) estimated
We estimate this mexican restaurant pulls $1,523,063–$2,665,360/yr in total revenue (your liquor portion of $533,072 is roughly 20–35% 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).
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.
Public records · last checked 2026-05-26
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