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Financials

MB912934
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Hugo's Cocina

3701 N TERMINAL RD, Houston, TX 77032 · TABC MB912934

Mixed Beverage Houston Market Enriched 2026-06-15
$1,116,322 Annual gross (L12M) ▼ 21.7% latest MoM Click for monthly detail
$93,027 Avg monthly ▼ 20.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $245,814/yr est. net Click for cost model
$615k–$860k Est. acquisition range 0.66× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,480,716 – $4,465,288/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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Hugo's Cocina is a mixed-beverage licensed establishment at 3701 N TERMINAL RD, Houston, Texas (TABC MB912934). Over the most recent 12 months it reported $1,116,322 in gross alcohol sales, averaging $93,027/month with a best month of $111,200. Sales mix: ~46% liquor · 41% beer · 14% wine. The building at this address is owned by CITY OF HOUSTON (WILL CLAYTON PKY) (103,132 sqft, $25,783,164 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $245,814 (~22% margin). Acquisition value is estimated at $615k–$860k 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
$1,116,322
Avg monthly
$93,027
Best month
$111,200
May 2025
Sales mix
46% Liq
41% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0441120001001
Property owner (landlord)CITY OF HOUSTON (WILL CLAYTON PKY)
Total building SF103,132
Assessed value$25,783,164

Hugo's Cocina's share

Est. base rent ~$30/sqft/yr · 5,000 sqft · Class A $12,500/mo
NNN CAM / insurance$1,875/mo
NNN property tax$2,500/mo
Personal property tax est — no BPP record $223/mo
Total occupancy $17,098/mo

Occupancy analysis

All-in occupancy cost is 18.4% 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 $1,116,322 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,116,322
COGS (24%)−$267,917
Labor (14%)−$156,285
Occupancy−$184,662
TX MB gross tax (6.7%)−$74,794
Utilities / ins / mktg (8%)−$89,306
Card surcharge net+$12,280
Net profit $355,637
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,116,322
COGS (27%)−$301,407
Labor (17%)−$189,775
Occupancy−$205,180
TX MB gross tax (6.7%)−$74,794
Utilities / ins / mktg (10%)−$111,632
Card surcharge net+$12,280
Net profit $245,814
Stressed
Heavy food, larger crew, higher rent
~10%
Revenue$1,116,322
COGS (30%)−$334,897
Labor (22%)−$245,591
Occupancy−$225,699
TX MB gross tax (6.7%)−$74,794
Utilities / ins / mktg (12%)−$133,959
Card surcharge net+$12,280
Net profit $113,663
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 Host H8 Iah Fb I LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $245,814/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 (~$245,814 net) estimated

Revenue multiple
$558k–$893k
0.5–0.8× gross
SDE multiple
$615k–$860k
2.5–3.5× earnings
Cap rate
$745k–$983k
25–33%
Suggested range
$615k–$860k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $2,480,716–$4,465,288/yr in total revenue (your liquor portion of $1,116,322 is roughly 25–45% 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
$2,481k–$4,465k
food + liquor + service
Estimated net (10–15%)
$248k–$670k
restaurant margin
Full-business value
$682k–$2,456k
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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