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Financials

MB743553
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Armando's

2630 WESTHEIMER RD, Houston, TX 77098 · TABC MB743553

Mixed Beverage Houston Market Enriched 2026-06-15
$1,360,589 Annual gross (L12M) ▲ 23.0% latest MoM Click for monthly detail
$113,382 Avg monthly ▲ 2.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $382,957/yr est. net Click for cost model
$957k–$1,340k Est. acquisition range 0.84× 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): $1,360,589 – $1,511,766/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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Armando's is a mixed-beverage licensed establishment at 2630 WESTHEIMER RD, Houston, Texas (TABC MB743553). Over the most recent 12 months it reported $1,360,589 in gross alcohol sales, averaging $113,382/month with a best month of $176,451. Sales mix: ~82% liquor · 5% beer · 13% wine. The building at this address is owned by FPACP4 KIRBY LLC (177,209 sqft, $35,760,189 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $382,957 (~28% margin). Acquisition value is estimated at $957k–$1,340k 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
$1,360,589
Avg monthly
$113,382
Best month
$176,451
Dec 2025
Sales mix
82% Liq
5% Beer · 13% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0101500350003
Property owner (landlord)FPACP4 KIRBY LLC
Total building SF177,209
Assessed value$35,760,189

Armando's's share

Est. base rent ~$24/sqft/yr · 5,000 sqft · Class A $10,090/mo
NNN CAM / insurance$1,513/mo
NNN property tax$2,018/mo
Personal property tax est — no BPP record $272/mo
Total occupancy $13,893/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $1,360,589 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,360,589
COGS (24%)−$326,541
Labor (14%)−$190,482
Occupancy−$150,049
TX MB gross tax (6.7%)−$91,159
Utilities / ins / mktg (8%)−$108,847
Card surcharge net+$14,966
Net profit $508,476
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,360,589
COGS (27%)−$367,359
Labor (17%)−$231,300
Occupancy−$166,721
TX MB gross tax (6.7%)−$91,159
Utilities / ins / mktg (10%)−$136,059
Card surcharge net+$14,966
Net profit $382,957
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,360,589
COGS (30%)−$408,177
Labor (22%)−$299,330
Occupancy−$183,393
TX MB gross tax (6.7%)−$91,159
Utilities / ins / mktg (12%)−$163,271
Card surcharge net+$14,966
Net profit $230,226
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 Acapw LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $382,957/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 (~$382,957 net) estimated

Revenue multiple
$680k–$1.09M
0.5–0.8× gross
SDE multiple
$957k–$1.34M
2.5–3.5× earnings
Cap rate
$1.16M–$1.53M
25–33%
Suggested range
$957k–$1,340k
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 2026-06-10

Lookup pending — check back tomorrow

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