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Financials

MB1093870
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Killen's

101 HEIGHTS BLVD, Houston, TX 77007 · TABC MB1093870

Mixed Beverage Houston Market Enriched 2026-07-11
$216,575 Annual gross (L12M) ▼ 9.8% latest MoM Click for monthly detail
$18,048 Avg monthly ▼ 18.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $48,513/yr est. net Click for cost model
$121k–$170k 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): $216,575 – $240,639/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

Killen's is a mixed-beverage licensed establishment at 101 HEIGHTS BLVD, Houston, Texas (TABC MB1093870). Over the most recent 12 months it reported $216,575 in gross alcohol sales, averaging $18,048/month with a best month of $22,482. Sales mix: ~72% liquor · 12% beer · 16% wine. The building at this address is owned by KILLENS LAND & CATTLE CO LLC (4,005 sqft, $1,900,415 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $48,513 (~22% margin). Acquisition value is estimated at $121k–$170k 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
$216,575
Avg monthly
$18,048
Best month
$22,482
Jun 2025
Sales mix
72% Liq
12% Beer · 16% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0210590000005
Property owner (landlord)KILLENS LAND & CATTLE CO LLC
Total building SF4,005
Assessed value$1,900,415

Killen's's share

Est. base rent ~$5/sqft/yr · 2,500 sqft · Class A $1,085/mo
NNN CAM / insurance$163/mo
NNN property tax$1,900/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $3,249/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 $216,575 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$216,575
COGS (24%)−$51,978
Labor (14%)−$30,321
Occupancy−$35,085
TX MB gross tax (6.7%)−$14,511
Utilities / ins / mktg (8%)−$17,326
Card surcharge net+$2,382
Net profit $69,737
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$216,575
COGS (27%)−$58,475
Labor (17%)−$36,818
Occupancy−$38,984
TX MB gross tax (6.7%)−$14,511
Utilities / ins / mktg (10%)−$21,658
Card surcharge net+$2,382
Net profit $48,513
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$216,575
COGS (30%)−$64,972
Labor (22%)−$47,646
Occupancy−$42,882
TX MB gross tax (6.7%)−$14,511
Utilities / ins / mktg (12%)−$25,989
Card surcharge net+$2,382
Net profit $22,957
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 Killen's Of The Heights LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $48,513/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 (~$48,513 net) estimated

Revenue multiple
$108k–$173k
0.5–0.8× gross
SDE multiple
$121k–$170k
2.5–3.5× earnings
Cap rate
$147k–$194k
25–33%
Suggested range
$121k–$170k
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 2026-05-23

Lookup pending — check back tomorrow

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