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MB721866
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Hooters

17599 STATE HIGHWAY 249, Houston, TX 77064 · TABC MB721866

Mixed Beverage Houston Market Enriched 2026-09-13
$483,006 Annual gross (L12M) ▼ 100.0% latest MoM Click for monthly detail
$43,910 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $135,611/yr est. net Click for cost model
$339k–$475k Est. acquisition range 0.84× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $690,009 – $966,012/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

Hooters is a mixed-beverage licensed establishment at 17599 STATE HIGHWAY 249, Houston, Texas (TABC MB721866). Over the most recent 12 months it reported $483,006 in gross alcohol sales, averaging $43,910/month with a best month of $47,906. Sales mix: ~31% liquor · 68% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $135,611 (~28% margin). Acquisition value is estimated at $339k–$475k 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
$483,006
Avg monthly
$43,910
Best month
$47,906
Aug 2025
Sales mix
31% Liq
68% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$4,226/mo
NNN CAM / insurance$634/mo
Total occupancy$4,960/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $483,006 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$483,006
COGS (24%)−$115,921
Labor (14%)−$67,621
Occupancy−$53,571
TX MB gross tax (6.7%)−$32,361
Utilities / ins / mktg (8%)−$38,640
Card surcharge net+$5,313
Net profit $180,204
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$483,006
COGS (27%)−$130,412
Labor (17%)−$82,111
Occupancy−$59,523
TX MB gross tax (6.7%)−$32,361
Utilities / ins / mktg (10%)−$48,301
Card surcharge net+$5,313
Net profit $135,611
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$483,006
COGS (30%)−$144,902
Labor (22%)−$106,261
Occupancy−$65,475
TX MB gross tax (6.7%)−$32,361
Utilities / ins / mktg (12%)−$57,961
Card surcharge net+$5,313
Net profit $81,359
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 Tw Restaurant Holder LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $135,611/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 (~$135,611 net) estimated

Revenue multiple
$242k–$386k
0.5–0.8× gross
SDE multiple
$339k–$475k
2.5–3.5× earnings
Cap rate
$411k–$542k
25–33%
Suggested range
$339k–$475k
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

20 cases on file · 18 currently open · public records

20 federal cases
18 currently open
18 bankruptcy
1 wage-and-hour
Most recent filing
Hooters of America, LLC and Wind-Down Entities - Adversary Proceeding
TXNB · 2025-06-17 · CLOSED
Public records, last checked 2026-05-22