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MB412818
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Benihana Grill

2579 TOWN CENTER BLVD, Sugar Land, TX 77479 · TABC MB412818

Mixed Beverage Sugar Land Market Enriched 2026-07-12
$510,950 Annual gross (L12M) ▲ 30.8% latest MoM Click for monthly detail
$42,579 Avg monthly ▲ 17.6% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $143,500/yr est. net Click for cost model
$359k–$502k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
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Executive Summary

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Benihana Grill is a mixed-beverage licensed establishment at 2579 TOWN CENTER BLVD, Sugar Land, Texas (TABC MB412818). Over the most recent 12 months it reported $510,950 in gross alcohol sales, averaging $42,579/month with a best month of $63,126. Sales mix: ~63% liquor · 14% beer · 23% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $143,500 (~28% margin). Acquisition value is estimated at $359k–$502k 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
$510,950
Avg monthly
$42,579
Best month
$63,126
Dec 2025
Sales mix
63% Liq
14% Beer · 23% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$4,471/mo
NNN CAM / insurance$671/mo
Total occupancy$5,244/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $510,950 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$510,950
COGS (24%)−$122,628
Labor (14%)−$71,533
Occupancy−$56,631
TX MB gross tax (6.7%)−$34,234
Utilities / ins / mktg (8%)−$40,876
Card surcharge net+$5,620
Net profit $190,669
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$510,950
COGS (27%)−$137,956
Labor (17%)−$86,862
Occupancy−$62,923
TX MB gross tax (6.7%)−$34,234
Utilities / ins / mktg (10%)−$51,095
Card surcharge net+$5,620
Net profit $143,500
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$510,950
COGS (30%)−$153,285
Labor (22%)−$112,409
Occupancy−$69,216
TX MB gross tax (6.7%)−$34,234
Utilities / ins / mktg (12%)−$61,314
Card surcharge net+$5,620
Net profit $86,113
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 Benihana Of Texas INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $143,500/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 (~$143,500 net) estimated

Revenue multiple
$255k–$409k
0.5–0.8× gross
SDE multiple
$359k–$502k
2.5–3.5× earnings
Cap rate
$435k–$574k
25–33%
Suggested range
$359k–$502k
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 2026-05-23

No federal lawsuits — past or pending