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Financials

MB937431
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Bubba's 33

3221 E SAM HOUSTON PKWY S, Pasadena, TX 77505 · TABC MB937431

Mixed Beverage Pasadena Market Enriched 2026-06-19
$841,870 Annual gross (L12M) ▼ 21.9% latest MoM Click for monthly detail
$70,156 Avg monthly ▼ 1.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $188,579/yr est. net Click for cost model
$471k–$660k 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): $841,870 – $935,411/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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Bubba's 33 is a mixed-beverage licensed establishment at 3221 E SAM HOUSTON PKWY S, Pasadena, Texas (TABC MB937431). Over the most recent 12 months it reported $841,870 in gross alcohol sales, averaging $70,156/month with a best month of $88,298. Sales mix: ~38% liquor · 61% beer · 1% wine. The building at this address is owned by TEXAS CARPENTERS & MILLWRIGHTS TRAINING TRUST FUND (11,174 sqft, $4,515,339 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $188,579 (~22% margin). Acquisition value is estimated at $471k–$660k 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
$841,870
Avg monthly
$70,156
Best month
$88,298
Mar 2026
Sales mix
38% Liq
61% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1179160010001
Property owner (landlord)TEXAS CARPENTERS & MILLWRIGHTS TRAINING TRUST FUND
Total building SF11,174
Assessed value$4,515,339

Bubba's 33's share

Est. base rent ~$29/sqft/yr · 3,500 sqft · Class A $8,375/mo
NNN CAM / insurance$1,256/mo
NNN property tax$2,829/mo
Personal property tax est — no BPP record $168/mo
Total occupancy $12,628/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 $841,870 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$841,870
COGS (24%)−$202,049
Labor (14%)−$117,862
Occupancy−$136,383
TX MB gross tax (6.7%)−$56,405
Utilities / ins / mktg (8%)−$67,350
Card surcharge net+$9,261
Net profit $271,082
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$841,870
COGS (27%)−$227,305
Labor (17%)−$143,118
Occupancy−$151,537
TX MB gross tax (6.7%)−$56,405
Utilities / ins / mktg (10%)−$84,187
Card surcharge net+$9,261
Net profit $188,579
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$841,870
COGS (30%)−$252,561
Labor (22%)−$185,211
Occupancy−$166,690
TX MB gross tax (6.7%)−$56,405
Utilities / ins / mktg (12%)−$101,024
Card surcharge net+$9,261
Net profit $89,238
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 Strategic Restaurant Enterprises INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $188,579/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 (~$188,579 net) estimated

Revenue multiple
$421k–$673k
0.5–0.8× gross
SDE multiple
$471k–$660k
2.5–3.5× earnings
Cap rate
$571k–$754k
25–33%
Suggested range
$471k–$660k
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 2026-05-22

Lookup pending — check back tomorrow

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