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Financials

MB674436
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Del Frisco's Double Eagle Steak House

5061 WESTHEIMER RD STE 8060, Houston, TX 77056 · TABC MB674436

Mixed Beverage Houston Market Enriched 2026-05-19
$1,596,662 Annual gross (L12M) ▼ 16.1% latest MoM Click for monthly detail
$133,055 Avg monthly ▼ 2.3% latest vs avg Click for monthly detail
~32% Est. net margin (likely) $516,119/yr est. net Click for cost model
$1,290k–$1,597k Est. acquisition range 0.90× 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 Steakhouse, liquor is typically only 25–40% of total business revenue. Steakhouse. Total revenue is typically 2.5–4× our liquor figure (high food average ticket). Estimated total revenue (rough): $3,991,655 – $6,386,648/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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Del Frisco's Double Eagle Steak House is a mixed-beverage licensed establishment at 5061 WESTHEIMER RD STE 8060, Houston, Texas (TABC MB674436). Over the most recent 12 months it reported $1,596,662 in gross alcohol sales, averaging $133,055/month with a best month of $246,476. Sales mix: ~49% liquor · 3% beer · 48% wine. The building at this address is owned by THE MAY DEPT STORE CO (430,890 sqft, $77,560,312 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $516,119 (~32% margin). Acquisition value is estimated at $1,290k–$1,597k 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
$1,596,662
Avg monthly
$133,055
Best month
$246,476
Dec 2025
Sales mix
49% Liq
3% Beer · 48% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1205380000012
Property owner (landlord)THE MAY DEPT STORE CO
Total building SF whole parcel — Del Frisco's Double Eagle Steak House is in STE 8060430,890
Del Frisco's Double Eagle Steak House's footprint estimated — suite-level not on file 5,000 sf
Assessed value$77,560,312

Del Frisco's Double Eagle Steak House's share

Est. base rent ~$18/sqft/yr · 5,000 sqft · Class B $7,500/mo
NNN CAM / insurance$1,125/mo
NNN property tax$1,800/mo
Personal property tax est — no BPP record $319/mo
Total occupancy $10,744/mo

Occupancy analysis

All-in occupancy cost is 8.1% 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 $1,596,662 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~41%
Revenue$1,596,662
COGS (24%)−$383,199
Labor (14%)−$223,533
Occupancy−$116,039
TX MB gross tax (6.7%)−$106,976
Utilities / ins / mktg (8%)−$127,733
Card surcharge net+$17,563
Net profit $656,745
Most Likely
Typical bar, light food program, full two-shift staffing
~32%
Revenue$1,596,662
COGS (27%)−$431,099
Labor (17%)−$271,433
Occupancy−$128,932
TX MB gross tax (6.7%)−$106,976
Utilities / ins / mktg (10%)−$159,666
Card surcharge net+$17,563
Net profit $516,119
Stressed
Heavy food, larger crew, higher rent
~22%
Revenue$1,596,662
COGS (30%)−$478,999
Labor (22%)−$351,266
Occupancy−$141,825
TX MB gross tax (6.7%)−$106,976
Utilities / ins / mktg (12%)−$191,599
Card surcharge net+$17,563
Net profit $343,560
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 Df Beverage CORP looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $516,119/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 (~$516,119 net) estimated

Revenue multiple
$798k–$1.28M
0.5–0.8× gross
SDE multiple
$1.29M–$1.81M
2.5–3.5× earnings
Cap rate
$1.56M–$2.06M
25–33%
Suggested range
$1,290k–$1,597k
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 · Steakhouse

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

We estimate this steakhouse pulls $3,991,655–$6,386,648/yr in total revenue (your liquor portion of $1,596,662 is roughly 25–40% 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
$3,992k–$6,387k
food + liquor + service
Estimated net (10–15%)
$399k–$958k
restaurant margin
Full-business value
$1,098k–$3,513k
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

No federal lawsuits — past or pending