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Financials

MB200169269
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Hyatt House Hyatt Place Houston Medical Center

7329 FANNIN ST, Houston, TX 77030 · TABC MB200169269

Mixed Beverage Houston Market Enriched 2026-07-10
$266,783 Annual gross (L12M) ▲ 11.4% latest MoM Click for monthly detail
$26,678 Avg monthly ▲ 2.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $59,759/yr est. net Click for cost model
$149k–$209k 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $296,426 – $381,119/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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Hyatt House Hyatt Place Houston Medical Center is a mixed-beverage licensed establishment at 7329 FANNIN ST, Houston, Texas (TABC MB200169269). Over the most recent 12 months it reported $266,783 in gross alcohol sales, averaging $26,678/month with a best month of $38,376. Sales mix: ~100% liquor · 0% beer · 0% wine. The building at this address is owned by TMC HOTEL LTD (227,181 sqft, $43,139,143 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $59,759 (~22% margin). Acquisition value is estimated at $149k–$209k 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
$266,783
Avg monthly
$26,678
Best month
$38,376
Mar 2026
Sales mix
100% Liq
0% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1396960010003
Property owner (landlord)TMC HOTEL LTD
Total building SF227,181
Assessed value$43,139,143

Hyatt House Hyatt Place Houston Medical Center's share

Est. base rent ~$12/sqft/yr · 2,500 sqft · Class B $2,567/mo
NNN CAM / insurance$385/mo
NNN property tax$949/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,002/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $266,783 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$266,783
COGS (24%)−$64,028
Labor (14%)−$37,350
Occupancy−$43,219
TX MB gross tax (6.7%)−$17,874
Utilities / ins / mktg (8%)−$21,343
Card surcharge net+$2,935
Net profit $85,904
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$266,783
COGS (27%)−$72,031
Labor (17%)−$45,353
Occupancy−$48,021
TX MB gross tax (6.7%)−$17,874
Utilities / ins / mktg (10%)−$26,678
Card surcharge net+$2,935
Net profit $59,759
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$266,783
COGS (30%)−$80,035
Labor (22%)−$58,692
Occupancy−$52,823
TX MB gross tax (6.7%)−$17,874
Utilities / ins / mktg (12%)−$32,014
Card surcharge net+$2,935
Net profit $28,279
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 Avion Hospitality Concessions LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $59,759/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 (~$59,759 net) estimated

Revenue multiple
$133k–$213k
0.5–0.8× gross
SDE multiple
$149k–$209k
2.5–3.5× earnings
Cap rate
$181k–$239k
25–33%
Suggested range
$149k–$209k
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 2026-06-06

No federal lawsuits — past or pending