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MB200037453
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Black Magic

7036 HARRISBURG BLVD, Houston, TX 77011 · TABC MB200037453

Mixed Beverage Houston Market Enriched 2026-07-10
$216,534 Annual gross (L12M) ▲ 45.1% latest MoM Click for monthly detail
$18,044 Avg monthly ▲ 14.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $48,504/yr est. net Click for cost model
$121k–$170k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $216,534 – $240,593/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Black Magic is a mixed-beverage licensed establishment at 7036 HARRISBURG BLVD, Houston, Texas (TABC MB200037453). Over the most recent 12 months it reported $216,534 in gross alcohol sales, averaging $18,044/month with a best month of $21,850. Sales mix: ~49% liquor · 51% beer · 0% wine. The building at this address is owned by THE UNIVERSAL CHURCH (3,674 sqft, $1,059,178 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $48,504 (~22% margin). Acquisition value is estimated at $121k–$170k 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
$216,534
Avg monthly
$18,044
Best month
$21,850
Jul 2025
Sales mix
49% Liq
51% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0250700000005
Property owner (landlord)THE UNIVERSAL CHURCH
Total building SF3,674
Assessed value$1,059,178

Black Magic's share

Est. base rent ~$9/sqft/yr · 2,500 sqft · Class A $1,816/mo
NNN CAM / insurance$272/mo
NNN property tax$1,059/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,248/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 $216,534 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$216,534
COGS (24%)−$51,968
Labor (14%)−$30,315
Occupancy−$35,079
TX MB gross tax (6.7%)−$14,508
Utilities / ins / mktg (8%)−$17,323
Card surcharge net+$2,382
Net profit $69,724
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$216,534
COGS (27%)−$58,464
Labor (17%)−$36,811
Occupancy−$38,976
TX MB gross tax (6.7%)−$14,508
Utilities / ins / mktg (10%)−$21,653
Card surcharge net+$2,382
Net profit $48,504
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$216,534
COGS (30%)−$64,960
Labor (22%)−$47,637
Occupancy−$42,874
TX MB gross tax (6.7%)−$14,508
Utilities / ins / mktg (12%)−$25,984
Card surcharge net+$2,382
Net profit $22,953
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 Black Magic Ent LLC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $48,504/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 (~$48,504 net) estimated

Revenue multiple
$108k–$173k
0.5–0.8× gross
SDE multiple
$121k–$170k
2.5–3.5× earnings
Cap rate
$147k–$194k
25–33%
Suggested range
$121k–$170k
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 2026-08-02

No federal lawsuits — past or pending