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Financials

MB817620
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Applebee's Neighborhood Grill & Bar

14435 FM 2100 RD, Crosby, TX 77532 · TABC MB817620

Mixed Beverage Crosby Market Enriched 2026-08-18
$119,403 Annual gross (L12M) ▼ 18.6% latest MoM Click for monthly detail
$9,950 Avg monthly ▲ 13.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $26,746/yr est. net Click for cost model
$67k–$94k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $265,340 – $477,612/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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Applebee's Neighborhood Grill & Bar is a mixed-beverage licensed establishment at 14435 FM 2100 RD, Crosby, Texas (TABC MB817620). Over the most recent 12 months it reported $119,403 in gross alcohol sales, averaging $9,950/month with a best month of $13,807. Sales mix: ~67% liquor · 31% beer · 2% wine. The building at this address is owned by ELLA FRUMKIN FAMILY TRUST (10,221 sqft, $2,797,889 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $26,746 (~22% margin). Acquisition value is estimated at $67k–$94k 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
$119,403
Avg monthly
$9,950
Best month
$13,807
May 2026
Sales mix
67% Liq
31% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1255450010001
Property owner (landlord)ELLA FRUMKIN FAMILY TRUST
Total building SF10,221
Assessed value$2,797,889

Applebee's Neighborhood Grill & Bar's share

Est. base rent ~$1/sqft/yr · 2,500 sqft · Class A $280/mo
NNN CAM / insurance$42/mo
NNN property tax$1,369/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $1,791/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 $119,403 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$119,403
COGS (24%)−$28,657
Labor (14%)−$16,716
Occupancy−$19,343
TX MB gross tax (6.7%)−$8,000
Utilities / ins / mktg (8%)−$9,552
Card surcharge net+$1,313
Net profit $38,448
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$119,403
COGS (27%)−$32,239
Labor (17%)−$20,299
Occupancy−$21,493
TX MB gross tax (6.7%)−$8,000
Utilities / ins / mktg (10%)−$11,940
Card surcharge net+$1,313
Net profit $26,746
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$119,403
COGS (30%)−$35,821
Labor (22%)−$26,269
Occupancy−$23,642
TX MB gross tax (6.7%)−$8,000
Utilities / ins / mktg (12%)−$14,328
Card surcharge net+$1,313
Net profit $12,657
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 Synergy Restaurant Management - Houston L.L.C looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $26,746/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 (~$26,746 net) estimated

Revenue multiple
$60k–$96k
0.5–0.8× gross
SDE multiple
$67k–$94k
2.5–3.5× earnings
Cap rate
$81k–$107k
25–33%
Suggested range
$67k–$94k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $265,340–$477,612/yr in total revenue (your liquor portion of $119,403 is roughly 25–45% 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).

Estimated total revenue
$265k–$478k
food + liquor + service
Estimated net (10–15%)
$27k–$72k
restaurant margin
Full-business value
$73k–$263k
blended rev × SDE

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.

Federal court history

Public records · last checked 2026-07-01

No federal lawsuits — past or pending