1777 WALKER ST, Houston, TX 77010 · TABC MB104950718
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Marriott Marquis Houston is a mixed-beverage licensed establishment at 1777 WALKER ST, Houston, Texas (TABC MB104950718). Over the most recent 12 months it reported $12,348,467 in gross alcohol sales, averaging $1,029,039/month with a best month of $1,306,223. Sales mix: ~59% liquor · 27% beer · 14% wine. The building at this address is owned by HOUSTON CONVENTION CENTER HOTEL LLC (1,309,252 sqft, $269,621,166 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $4,732,569 (~38% margin). Acquisition value is estimated at $11,831k–$12,348k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Marriott Marquis Houston's share
All-in occupancy cost is 2.1% 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.
Texas bar cost model applied to $12,348,467 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$4,732,569 net) estimated
1 case on file · 1 currently open · public records
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