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MB639519
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Kirby Lane Venture LP

3601 KIRBY DR, Houston, TX 77098 · TABC MB639519

Mixed Beverage Houston Market Enriched 2026-05-19
$1,606,904 Annual gross (L12M) ▲ 19.0% latest MoM Click for monthly detail
$133,909 Avg monthly ▼ 10.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $359,946/yr est. net Click for cost model
$900k–$1,260k 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): $1,606,904 – $1,785,449/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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Kirby Lane Venture LP is a mixed-beverage licensed establishment at 3601 KIRBY DR, Houston, Texas (TABC MB639519). Over the most recent 12 months it reported $1,606,904 in gross alcohol sales, averaging $133,909/month with a best month of $209,273. Sales mix: ~90% liquor · 6% beer · 4% wine. The building at this address is owned by LAMESA PROPERTIES LTD (4,958 sqft, $5,900,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $359,946 (~22% margin). Acquisition value is estimated at $900k–$1,260k 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
$1,606,904
Avg monthly
$133,909
Best month
$209,273
Aug 2025
Sales mix
90% Liq
6% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0260210010001
Property owner (landlord)LAMESA PROPERTIES LTD
Total building SF4,958
Assessed value$5,900,000

Kirby Lane Venture LP's share

Est. base rent ~$37/sqft/yr · 5,000 sqft · Class A $15,550/mo
NNN CAM / insurance$2,332/mo
NNN property tax$5,900/mo
Personal property tax est — no BPP record $321/mo
Total occupancy $24,104/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 $1,606,904 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,606,904
COGS (24%)−$385,657
Labor (14%)−$224,967
Occupancy−$260,318
TX MB gross tax (6.7%)−$107,663
Utilities / ins / mktg (8%)−$128,552
Card surcharge net+$17,676
Net profit $517,423
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,606,904
COGS (27%)−$433,864
Labor (17%)−$273,174
Occupancy−$289,243
TX MB gross tax (6.7%)−$107,663
Utilities / ins / mktg (10%)−$160,690
Card surcharge net+$17,676
Net profit $359,946
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,606,904
COGS (30%)−$482,071
Labor (22%)−$353,519
Occupancy−$318,167
TX MB gross tax (6.7%)−$107,663
Utilities / ins / mktg (12%)−$192,828
Card surcharge net+$17,676
Net profit $170,332
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 Kirby Lane Venture LP looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $359,946/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 (~$359,946 net) estimated

Revenue multiple
$803k–$1.29M
0.5–0.8× gross
SDE multiple
$900k–$1.26M
2.5–3.5× earnings
Cap rate
$1.09M–$1.44M
25–33%
Suggested range
$900k–$1,260k
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 2026-06-05

Lookup pending — check back tomorrow

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