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Financials

MB1068840
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Cheddar's Casual Cafe #2107

10601 WESTPARK DR, Houston, TX 77042 · TABC MB1068840

Mixed Beverage Houston Market Enriched 2026-07-12
$414,786 Annual gross (L12M) ▲ 24.6% latest MoM Click for monthly detail
$34,566 Avg monthly ▲ 18.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $92,912/yr est. net Click for cost model
$232k–$325k 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 Coffee Shop, liquor is typically only 10–25% of total business revenue. Mostly non-alcohol; small bar program. Estimated total revenue (rough): $1,659,144 – $4,147,860/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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Cheddar's Casual Cafe #2107 is a mixed-beverage licensed establishment at 10601 WESTPARK DR, Houston, Texas (TABC MB1068840). Over the most recent 12 months it reported $414,786 in gross alcohol sales, averaging $34,566/month with a best month of $46,938. Sales mix: ~89% liquor · 9% beer · 3% wine. The building at this address is owned by CHEDDARS CASAUL CAFE INC (10,022 sqft, $4,604,048 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $92,912 (~22% margin). Acquisition value is estimated at $232k–$325k 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
$414,786
Avg monthly
$34,566
Best month
$46,938
Mar 2026
Sales mix
89% Liq
9% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1152960250002
Property owner (landlord)CHEDDARS CASAUL CAFE INC
Total building SF10,022
Assessed value$4,604,048

Cheddar's Casual Cafe #2107's share

Est. base rent ~$16/sqft/yr · 2,500 sqft · Class A $3,326/mo
NNN CAM / insurance$499/mo
NNN property tax$2,297/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $6,222/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 $414,786 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$414,786
COGS (24%)−$99,549
Labor (14%)−$58,070
Occupancy−$67,195
TX MB gross tax (6.7%)−$27,791
Utilities / ins / mktg (8%)−$33,183
Card surcharge net+$4,563
Net profit $133,561
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$414,786
COGS (27%)−$111,992
Labor (17%)−$70,514
Occupancy−$74,661
TX MB gross tax (6.7%)−$27,791
Utilities / ins / mktg (10%)−$41,479
Card surcharge net+$4,563
Net profit $92,912
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$414,786
COGS (30%)−$124,436
Labor (22%)−$91,253
Occupancy−$82,128
TX MB gross tax (6.7%)−$27,791
Utilities / ins / mktg (12%)−$49,774
Card surcharge net+$4,563
Net profit $43,967
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 Cheddar's Casual Cafe INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $92,912/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 (~$92,912 net) estimated

Revenue multiple
$207k–$332k
0.5–0.8× gross
SDE multiple
$232k–$325k
2.5–3.5× earnings
Cap rate
$282k–$372k
25–33%
Suggested range
$232k–$325k
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.
Full-business estimate · Coffee Shop

If you're buying the whole restaurant, not just the bar program

We estimate this coffee shop pulls $1,659,144–$4,147,860/yr in total revenue (your liquor portion of $414,786 is roughly 10–25% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$1,659k–$4,148k
food + liquor + service
Estimated net (10–15%)
$166k–$622k
restaurant margin
Full-business value
$456k–$2,281k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-05-22

Lookup pending — check back tomorrow

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