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MB200100401
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La Griglia

2817 W DALLAS ST FL 1, Houston, TX 77019 · TABC MB200100401

Mixed Beverage Houston Market Enriched 2026-05-24
$2,815,166 Annual gross (L12M) ▲ 3.7% latest MoM Click for monthly detail
$234,597 Avg monthly ▼ 2.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $630,597/yr est. net Click for cost model
$1,576k–$2,207k 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 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): $6,255,924 – $11,260,664/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

La Griglia is a mixed-beverage licensed establishment at 2817 W DALLAS ST FL 1, Houston, Texas (TABC MB200100401). Over the most recent 12 months it reported $2,815,166 in gross alcohol sales, averaging $234,597/month with a best month of $362,852. Sales mix: ~35% liquor · 1% beer · 64% wine. The building at this address is owned by HARLOW DISTRICT LLC (30,016 sqft, $21,544,607 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $630,597 (~22% margin). Acquisition value is estimated at $1,576k–$2,207k 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
$2,815,166
Avg monthly
$234,597
Best month
$362,852
Dec 2025
Sales mix
35% Liq
1% Beer · 64% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1474570010001
Property owner (landlord)HARLOW DISTRICT LLC
Total building SF whole parcel — La Griglia is in FL 130,016
La Griglia's footprint estimated — suite-level not on file 7,500 sf
Assessed value$21,544,607

La Griglia's share

Est. base rent ~$43/sqft/yr · 7,500 sqft · Class A $26,923/mo
NNN CAM / insurance$4,038/mo
NNN property tax$10,767/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $42,227/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 $2,815,166 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$2,815,166
COGS (24%)−$675,640
Labor (14%)−$394,123
Occupancy−$456,057
TX MB gross tax (6.7%)−$188,616
Utilities / ins / mktg (8%)−$225,213
Card surcharge net+$30,967
Net profit $906,483
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$2,815,166
COGS (27%)−$760,095
Labor (17%)−$478,578
Occupancy−$506,730
TX MB gross tax (6.7%)−$188,616
Utilities / ins / mktg (10%)−$281,517
Card surcharge net+$30,967
Net profit $630,597
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$2,815,166
COGS (30%)−$844,550
Labor (22%)−$619,337
Occupancy−$557,403
TX MB gross tax (6.7%)−$188,616
Utilities / ins / mktg (12%)−$337,820
Card surcharge net+$30,967
Net profit $298,408
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 Landry's Harlows INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $630,597/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 (~$630,597 net) estimated

Revenue multiple
$1.41M–$2.25M
0.5–0.8× gross
SDE multiple
$1.58M–$2.21M
2.5–3.5× earnings
Cap rate
$1.91M–$2.52M
25–33%
Suggested range
$1,576k–$2,207k
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 $6,255,924–$11,260,664/yr in total revenue (your liquor portion of $2,815,166 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
$6,256k–$11,261k
food + liquor + service
Estimated net (10–15%)
$626k–$1,689k
restaurant margin
Full-business value
$1,720k–$6,193k
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 2026-05-27

Lookup pending — check back tomorrow

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