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Financials

MB106123036
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Roma

2347 UNIVERSITY BLVD, Houston, TX 77005 · TABC MB106123036

Mixed Beverage Houston Market Enriched 2026-07-10
$299,219 Annual gross (L12M) ▲ 17.6% latest MoM Click for monthly detail
$24,935 Avg monthly — 0.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $67,025/yr est. net Click for cost model
$168k–$235k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $314,967 – $352,022/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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Roma is a mixed-beverage licensed establishment at 2347 UNIVERSITY BLVD, Houston, Texas (TABC MB106123036). Over the most recent 12 months it reported $299,219 in gross alcohol sales, averaging $24,935/month with a best month of $32,891. Sales mix: ~17% liquor · 1% beer · 81% wine. The building at this address is owned by TIKA ENTERPRISES LLC (2,500 sqft, $1,116,700 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $67,025 (~22% margin). Acquisition value is estimated at $168k–$235k 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
$299,219
Avg monthly
$24,935
Best month
$32,891
Jun 2025
Sales mix
17% Liq
1% Beer · 81% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0600450110013
Property owner (landlord)TIKA ENTERPRISES LLC
Total building SF2,500
Assessed value$1,116,700

Roma's share

Est. base rent ~$14/sqft/yr · 2,500 sqft · Class A $2,845/mo
NNN CAM / insurance$427/mo
NNN property tax$1,117/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $4,488/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 $299,219 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$299,219
COGS (24%)−$71,813
Labor (14%)−$41,891
Occupancy−$48,473
TX MB gross tax (6.7%)−$20,048
Utilities / ins / mktg (8%)−$23,938
Card surcharge net+$3,291
Net profit $96,349
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$299,219
COGS (27%)−$80,789
Labor (17%)−$50,867
Occupancy−$53,859
TX MB gross tax (6.7%)−$20,048
Utilities / ins / mktg (10%)−$29,922
Card surcharge net+$3,291
Net profit $67,025
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$299,219
COGS (30%)−$89,766
Labor (22%)−$65,828
Occupancy−$59,245
TX MB gross tax (6.7%)−$20,048
Utilities / ins / mktg (12%)−$35,906
Card surcharge net+$3,291
Net profit $31,717
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 Ponte LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $67,025/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 (~$67,025 net) estimated

Revenue multiple
$150k–$239k
0.5–0.8× gross
SDE multiple
$168k–$235k
2.5–3.5× earnings
Cap rate
$203k–$268k
25–33%
Suggested range
$168k–$235k
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

Lookup pending — check back tomorrow

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