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Financials

MB149847
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Club Onyx Houston

3113 BERING DR, Houston, TX 77057 · TABC MB149847

Mixed Beverage Houston Market Enriched 2026-06-18
$872,456 Annual gross (L12M) ▼ 35.0% latest MoM Click for monthly detail
$72,705 Avg monthly ▲ 1.9% latest vs avg Click for monthly detail
~19% Est. net margin (likely) $169,494/yr est. net Click for cost model
$436k–$593k Est. acquisition range 0.59× 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): $918,375 – $1,026,419/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

Club Onyx Houston is a mixed-beverage licensed establishment at 3113 BERING DR, Houston, Texas (TABC MB149847). Over the most recent 12 months it reported $872,456 in gross alcohol sales, averaging $72,705/month with a best month of $114,021. Sales mix: ~91% liquor · 4% beer · 5% wine. The building at this address is owned by RCI HOLDINGS INC (3,879 sqft, $1,325,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $169,494 (~19% margin). Acquisition value is estimated at $436k–$593k 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
$872,456
Avg monthly
$72,705
Best month
$114,021
Mar 2026
Sales mix
91% Liq
4% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0731870000017
Property owner (landlord)RCI HOLDINGS INC
Total building SF3,879
Assessed value$1,325,000

Club Onyx Houston's share

Est. base rent ~$41/sqft/yr · 3,500 sqft · Class A $11,955/mo
NNN CAM / insurance$1,793/mo
NNN property tax$1,325/mo
Personal property tax est — no BPP record $174/mo
Total occupancy $15,248/mo

Occupancy analysis

All-in occupancy cost is 21.0% 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 $872,456 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$872,456
COGS (24%)−$209,389
Labor (14%)−$122,144
Occupancy−$164,681
TX MB gross tax (6.7%)−$58,455
Utilities / ins / mktg (8%)−$69,796
Card surcharge net+$9,597
Net profit $257,588
Most Likely
Typical bar, light food program, full two-shift staffing
~19%
Revenue$872,456
COGS (27%)−$235,563
Labor (17%)−$148,318
Occupancy−$182,978
TX MB gross tax (6.7%)−$58,455
Utilities / ins / mktg (10%)−$87,246
Card surcharge net+$9,597
Net profit $169,494
Stressed
Heavy food, larger crew, higher rent
~7%
Revenue$872,456
COGS (30%)−$261,737
Labor (22%)−$191,940
Occupancy−$201,276
TX MB gross tax (6.7%)−$58,455
Utilities / ins / mktg (12%)−$104,695
Card surcharge net+$9,597
Net profit $63,950
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 Trumps INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $169,494/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 (~$169,494 net) estimated

Revenue multiple
$436k–$698k
0.5–0.8× gross
SDE multiple
$424k–$593k
2.5–3.5× earnings
Cap rate
$514k–$678k
25–33%
Suggested range
$436k–$593k
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

2 cases on file · public records

2 federal cases
1 wage-and-hour
Most recent filing
Emelike v. Trumps Inc
TXND · 2015-05-19 · CLOSED
Public records, last checked 2026-06-06