← Capitol Beverage /

Financials

MB485067
Dashboard › Capitol Beverage › Financial Intelligence

Capitol Beverage

1818 N MAIN ST STE B, Houston, TX 77009 · TABC MB485067

Mixed Beverage Houston Market Enriched 2026-09-02
$230,952 Annual gross (L12M) ▼ 59.4% latest MoM Click for monthly detail
$19,246 Avg monthly ▼ 73.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $51,899/yr est. net Click for cost model
$130k–$182k 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): $230,952 – $256,613/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Capitol Beverage My bars

Executive Summary

Click to expand full narrative

Capitol Beverage is a mixed-beverage licensed establishment at 1818 N MAIN ST STE B, Houston, Texas (TABC MB485067). Over the most recent 12 months it reported $230,952 in gross alcohol sales, averaging $19,246/month with a best month of $44,442. Sales mix: ~20% liquor · 30% beer · 50% wine. The building at this address is owned by AGHAI IRA (2,500 sqft, $316,578 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $51,899 (~22% margin). Acquisition value is estimated at $130k–$182k 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
$230,952
Avg monthly
$19,246
Best month
$44,442
Dec 2025
Sales mix
20% Liq
30% Beer · 50% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0031740000001
Property owner (landlord)AGHAI IRA
Total building SF whole parcel — Capitol Beverage is in STE B2,500
Capitol Beverage's footprint estimated — suite-level not on file 2,500 sf
Assessed value$316,578

Capitol Beverage's share

Est. base rent ~$13/sqft/yr · 2,500 sqft · Class B $2,638/mo
NNN CAM / insurance$396/mo
NNN property tax$317/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,450/mo

Occupancy analysis

All-in occupancy cost is 17.9% 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 $230,952 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$230,952
COGS (24%)−$55,428
Labor (14%)−$32,333
Occupancy−$37,265
TX MB gross tax (6.7%)−$15,474
Utilities / ins / mktg (8%)−$18,476
Card surcharge net+$2,540
Net profit $74,516
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$230,952
COGS (27%)−$62,357
Labor (17%)−$39,262
Occupancy−$41,405
TX MB gross tax (6.7%)−$15,474
Utilities / ins / mktg (10%)−$23,095
Card surcharge net+$2,540
Net profit $51,899
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$230,952
COGS (30%)−$69,286
Labor (22%)−$50,809
Occupancy−$45,546
TX MB gross tax (6.7%)−$15,474
Utilities / ins / mktg (12%)−$27,714
Card surcharge net+$2,540
Net profit $24,663
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 Kammer-Terry LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $51,899/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 (~$51,899 net) estimated

Revenue multiple
$115k–$185k
0.5–0.8× gross
SDE multiple
$130k–$182k
2.5–3.5× earnings
Cap rate
$157k–$208k
25–33%
Suggested range
$130k–$182k
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 2026-07-20

Lookup pending — check back tomorrow

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