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Financials

MB100088031
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Afe Beverage L.L.C

7122 OLD KATY RD, Houston, TX 77024 · TABC MB100088031

Mixed Beverage Houston Market Enriched 2026-05-24
$1,746,704 Annual gross (L12M) ▲ 61.4% latest MoM Click for monthly detail
$145,559 Avg monthly ▼ 16.4% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $497,652/yr est. net Click for cost model
$1,244k–$1,742k Est. acquisition range 0.85× 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): $1,838,636 – $2,054,946/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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Afe Beverage L.L.C is a mixed-beverage licensed establishment at 7122 OLD KATY RD, Houston, Texas (TABC MB100088031). Over the most recent 12 months it reported $1,746,704 in gross alcohol sales, averaging $145,559/month with a best month of $766,168. Sales mix: ~47% liquor · 8% beer · 45% wine. The building at this address is owned by 7122 NEW KATY ROAD LLC (32,383 sqft, $8,148,687 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $497,652 (~28% margin). Acquisition value is estimated at $1,244k–$1,742k 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
$1,746,704
Avg monthly
$145,559
Best month
$766,168
Dec 2025
Sales mix
47% Liq
8% Beer · 45% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0440820000042
Property owner (landlord)7122 NEW KATY ROAD LLC
Total building SF32,383
Assessed value$8,148,687

Afe Beverage L.L.C's share

Est. base rent ~$30/sqft/yr · 5,000 sqft · Class A $12,582/mo
NNN CAM / insurance$1,887/mo
NNN property tax$2,516/mo
Personal property tax est — no BPP record $349/mo
Total occupancy $17,335/mo

Occupancy analysis

All-in occupancy cost is 11.9% 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 $1,746,704 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~38%
Revenue$1,746,704
COGS (24%)−$419,209
Labor (14%)−$244,539
Occupancy−$187,215
TX MB gross tax (6.7%)−$117,029
Utilities / ins / mktg (8%)−$139,736
Card surcharge net+$19,214
Net profit $658,190
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,746,704
COGS (27%)−$471,610
Labor (17%)−$296,940
Occupancy−$208,016
TX MB gross tax (6.7%)−$117,029
Utilities / ins / mktg (10%)−$174,670
Card surcharge net+$19,214
Net profit $497,652
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,746,704
COGS (30%)−$524,011
Labor (22%)−$384,275
Occupancy−$228,818
TX MB gross tax (6.7%)−$117,029
Utilities / ins / mktg (12%)−$209,604
Card surcharge net+$19,214
Net profit $302,180
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 Afe Beverage LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $497,652/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 (~$497,652 net) estimated

Revenue multiple
$873k–$1.40M
0.5–0.8× gross
SDE multiple
$1.24M–$1.74M
2.5–3.5× earnings
Cap rate
$1.51M–$1.99M
25–33%
Suggested range
$1,244k–$1,742k
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 2026-07-08

No federal lawsuits — past or pending