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Financials

N 037614
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Petroleum Club Of Houston

1201 LOUISIANA ST STE 3500, Houston, TX 77002 · TABC N 037614

Mixed Beverage Houston Market Enriched 2026-09-12
$315,547 Annual gross (L12M) ▼ 26.9% latest MoM Click for monthly detail
$26,296 Avg monthly ▼ 24.1% latest vs avg Click for monthly detail
~19% Est. net margin (likely) $58,519/yr est. net Click for cost model
$158k–$205k Est. acquisition range 0.57× 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 Private Club, liquor is typically only 40–65% of total business revenue. Mixed — depends on dining vs bar focus. Estimated total revenue (rough): $485,457 – $788,868/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Petroleum Club Of Houston is a mixed-beverage licensed establishment at 1201 LOUISIANA ST STE 3500, Houston, Texas (TABC N 037614). Over the most recent 12 months it reported $315,547 in gross alcohol sales, averaging $26,296/month with a best month of $49,056. Sales mix: ~45% liquor · 12% beer · 43% wine. The building at this address is owned by 1201 LOUISIANA CO LP (671,979 sqft, $131,035,241 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $58,519 (~19% margin). Acquisition value is estimated at $158k–$205k 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
$315,547
Avg monthly
$26,296
Best month
$49,056
Dec 2025
Sales mix
45% Liq
12% Beer · 43% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0012570000004
Property owner (landlord)1201 LOUISIANA CO LP
Total building SF whole parcel — Petroleum Club Of Houston is in STE 3500671,979
Petroleum Club Of Houston's footprint estimated — suite-level not on file 2,500 sf
Assessed value$131,035,241

Petroleum Club Of Houston's share

Est. base rent ~$19/sqft/yr · 2,500 sqft · Class B $4,062/mo
NNN CAM / insurance$609/mo
NNN property tax$975/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $5,747/mo

Occupancy analysis

All-in occupancy cost is 21.9% 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 $315,547 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~29%
Revenue$315,547
COGS (24%)−$75,731
Labor (14%)−$44,177
Occupancy−$62,066
TX MB gross tax (6.7%)−$21,142
Utilities / ins / mktg (8%)−$25,244
Card surcharge net+$3,471
Net profit $90,659
Most Likely
Typical bar, light food program, full two-shift staffing
~19%
Revenue$315,547
COGS (27%)−$85,198
Labor (17%)−$53,643
Occupancy−$68,962
TX MB gross tax (6.7%)−$21,142
Utilities / ins / mktg (10%)−$31,555
Card surcharge net+$3,471
Net profit $58,519
Stressed
Heavy food, larger crew, higher rent
~6%
Revenue$315,547
COGS (30%)−$94,664
Labor (22%)−$69,420
Occupancy−$75,858
TX MB gross tax (6.7%)−$21,142
Utilities / ins / mktg (12%)−$37,866
Card surcharge net+$3,471
Net profit $20,068
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 Petroleum Club Of Houston looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $58,519/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 (~$58,519 net) estimated

Revenue multiple
$158k–$252k
0.5–0.8× gross
SDE multiple
$146k–$205k
2.5–3.5× earnings
Cap rate
$177k–$234k
25–33%
Suggested range
$158k–$205k
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.