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Financials

MB637267
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Shogun Japanese Grill & Sushi

25712 NORTHWEST FWY STE K, Cypress, TX 77429 · TABC MB637267

Mixed Beverage Cypress Market Enriched 2026-08-10
$117,676 Annual gross (L12M) ▼ 15.6% latest MoM Click for monthly detail
$9,806 Avg monthly ▼ 1.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $26,359/yr est. net Click for cost model
$66k–$92k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
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Executive Summary

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Shogun Japanese Grill & Sushi is a mixed-beverage licensed establishment at 25712 NORTHWEST FWY STE K, Cypress, Texas (TABC MB637267). Over the most recent 12 months it reported $117,676 in gross alcohol sales, averaging $9,806/month with a best month of $11,928. Sales mix: ~50% liquor · 19% beer · 31% wine. The building at this address is owned by IA CYPRESS CYFAIR LIMITED PARTNERSHIP (77,462 sqft, $21,449,779 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $26,359 (~22% margin). Acquisition value is estimated at $66k–$92k 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
$117,676
Avg monthly
$9,806
Best month
$11,928
Dec 2025
Sales mix
50% Liq
19% Beer · 31% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0460730000222
Property owner (landlord)IA CYPRESS CYFAIR LIMITED PARTNERSHIP
Total building SF whole parcel — Shogun Japanese Grill & Sushi is in STE K77,462
Shogun Japanese Grill & Sushi's footprint estimated — suite-level not on file 2,500 sf
Assessed value$21,449,779

Shogun Japanese Grill & Sushi's share

Est. base rent ~$1/sqft/yr · 2,500 sqft · Class A $244/mo
NNN CAM / insurance$37/mo
NNN property tax$1,385/mo
Personal property tax est — no BPP record $100/mo
Total occupancy $1,765/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 $117,676 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$117,676
COGS (24%)−$28,242
Labor (14%)−$16,475
Occupancy−$19,064
TX MB gross tax (6.7%)−$7,884
Utilities / ins / mktg (8%)−$9,414
Card surcharge net+$1,294
Net profit $37,892
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$117,676
COGS (27%)−$31,773
Labor (17%)−$20,005
Occupancy−$21,182
TX MB gross tax (6.7%)−$7,884
Utilities / ins / mktg (10%)−$11,768
Card surcharge net+$1,294
Net profit $26,359
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$117,676
COGS (30%)−$35,303
Labor (22%)−$25,889
Occupancy−$23,300
TX MB gross tax (6.7%)−$7,884
Utilities / ins / mktg (12%)−$14,121
Card surcharge net+$1,294
Net profit $12,474
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 New Homeland Corporation looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $26,359/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 (~$26,359 net) estimated

Revenue multiple
$59k–$94k
0.5–0.8× gross
SDE multiple
$66k–$92k
2.5–3.5× earnings
Cap rate
$80k–$105k
25–33%
Suggested range
$66k–$92k
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 2026-06-13

Lookup pending — check back tomorrow

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