← Brick House Tavern & Tap /

Financials

MB200128552
Dashboard Brick House Tavern & Tap Financial Intelligence

Brick House Tavern & Tap

3502 SEAWALL BLVD # A, Galveston, TX 77550 · TABC MB200128552

Mixed Beverage Galveston Market Enriched 2026-06-15
$1,046,987 Annual gross (L12M) ▼ 7.6% latest MoM Click for monthly detail
$87,249 Avg monthly ▲ 2.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $294,151/yr est. net Click for cost model
$735k–$1,030k 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): $1,046,987 – $1,163,319/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Brick House Tavern & Tap My bars

Executive Summary

Click to expand full narrative

Brick House Tavern & Tap is a mixed-beverage licensed establishment at 3502 SEAWALL BLVD # A, Galveston, Texas (TABC MB200128552). Over the most recent 12 months it reported $1,046,987 in gross alcohol sales, averaging $87,249/month with a best month of $96,754. Sales mix: ~52% liquor · 42% beer · 6% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $294,151 (~28% margin). Acquisition value is estimated at $735k–$1,030k 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
$1,046,987
Avg monthly
$87,249
Best month
$96,754
Mar 2026
Sales mix
52% Liq
42% Beer · 6% 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)$9,161/mo
NNN CAM / insurance$1,374/mo
Total occupancy$10,736/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 $1,046,987 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,046,987
COGS (24%)−$251,277
Labor (14%)−$146,578
Occupancy−$115,949
TX MB gross tax (6.7%)−$70,148
Utilities / ins / mktg (8%)−$83,759
Card surcharge net+$11,517
Net profit $390,793
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,046,987
COGS (27%)−$282,686
Labor (17%)−$177,988
Occupancy−$128,832
TX MB gross tax (6.7%)−$70,148
Utilities / ins / mktg (10%)−$104,699
Card surcharge net+$11,517
Net profit $294,151
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,046,987
COGS (30%)−$314,096
Labor (22%)−$230,337
Occupancy−$141,715
TX MB gross tax (6.7%)−$70,148
Utilities / ins / mktg (12%)−$125,638
Card surcharge net+$11,517
Net profit $176,569
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 Usf Unlimited LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $294,151/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 (~$294,151 net) estimated

Revenue multiple
$523k–$838k
0.5–0.8× gross
SDE multiple
$735k–$1.03M
2.5–3.5× earnings
Cap rate
$891k–$1.18M
25–33%
Suggested range
$735k–$1,030k
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 2026-06-08

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.