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Financials

MB200088477
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Best Regards

222 W 11TH ST, Houston, TX 77008 · TABC MB200088477

Mixed Beverage Houston Market Enriched 2026-05-24
$1,764,715 Annual gross (L12M) ▼ 4.4% latest MoM Click for monthly detail
$147,060 Avg monthly ▼ 15.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $395,296/yr est. net Click for cost model
$988k–$1,384k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,857,595 – $2,076,135/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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Best Regards is a mixed-beverage licensed establishment at 222 W 11TH ST, Houston, Texas (TABC MB200088477). Over the most recent 12 months it reported $1,764,715 in gross alcohol sales, averaging $147,060/month with a best month of $211,555. Sales mix: ~94% liquor · 3% beer · 3% wine. The building at this address is owned by BLUEROCK PARTNERS LLC (2,500 sqft, $2,540,985 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $395,296 (~22% margin). Acquisition value is estimated at $988k–$1,384k 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
$1,764,715
Avg monthly
$147,060
Best month
$211,555
May 2025
Sales mix
94% Liq
3% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0202110000001
Property owner (landlord)BLUEROCK PARTNERS LLC
Total building SF2,500
Assessed value$2,540,985

Best Regards's share

Est. base rent ~$49/sqft/yr · 5,000 sqft · Class A $20,502/mo
NNN CAM / insurance$3,075/mo
NNN property tax$2,541/mo
Personal property tax est — no BPP record $353/mo
Total occupancy $26,471/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 $1,764,715 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,764,715
COGS (24%)−$423,532
Labor (14%)−$247,060
Occupancy−$285,884
TX MB gross tax (6.7%)−$118,236
Utilities / ins / mktg (8%)−$141,177
Card surcharge net+$19,412
Net profit $568,238
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,764,715
COGS (27%)−$476,473
Labor (17%)−$300,002
Occupancy−$317,649
TX MB gross tax (6.7%)−$118,236
Utilities / ins / mktg (10%)−$176,472
Card surcharge net+$19,412
Net profit $395,296
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,764,715
COGS (30%)−$529,414
Labor (22%)−$388,237
Occupancy−$349,414
TX MB gross tax (6.7%)−$118,236
Utilities / ins / mktg (12%)−$211,766
Card surcharge net+$19,412
Net profit $187,060
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 Best Regards LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $395,296/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 (~$395,296 net) estimated

Revenue multiple
$882k–$1.41M
0.5–0.8× gross
SDE multiple
$988k–$1.38M
2.5–3.5× earnings
Cap rate
$1.20M–$1.58M
25–33%
Suggested range
$988k–$1,384k
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 2026-06-04

Lookup pending — check back tomorrow

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