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Financials

MB200098350
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Skeets Bbq

10228 BROADWAY ST STE 144, Pearland, TX 77584 · TABC MB200098350

Mixed Beverage Pearland Market Enriched 2026-07-12
$542,507 Annual gross (L12M) ▲ 6.8% latest MoM Click for monthly detail
$45,209 Avg monthly ▲ 12.1% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $152,417/yr est. net Click for cost model
$381k–$533k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
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Executive Summary

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Skeets Bbq is a mixed-beverage licensed establishment at 10228 BROADWAY ST STE 144, Pearland, Texas (TABC MB200098350). Over the most recent 12 months it reported $542,507 in gross alcohol sales, averaging $45,209/month with a best month of $50,658. Sales mix: ~82% liquor · 18% beer · 1% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $152,417 (~28% margin). Acquisition value is estimated at $381k–$533k 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
$542,507
Avg monthly
$45,209
Best month
$50,658
May 2026
Sales mix
82% Liq
18% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$4,747/mo
NNN CAM / insurance$712/mo
Total occupancy$5,563/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $542,507 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$542,507
COGS (24%)−$130,202
Labor (14%)−$75,951
Occupancy−$60,080
TX MB gross tax (6.7%)−$36,348
Utilities / ins / mktg (8%)−$43,401
Card surcharge net+$5,968
Net profit $202,493
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$542,507
COGS (27%)−$146,477
Labor (17%)−$92,226
Occupancy−$66,755
TX MB gross tax (6.7%)−$36,348
Utilities / ins / mktg (10%)−$54,251
Card surcharge net+$5,968
Net profit $152,417
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$542,507
COGS (30%)−$162,752
Labor (22%)−$119,352
Occupancy−$73,431
TX MB gross tax (6.7%)−$36,348
Utilities / ins / mktg (12%)−$65,101
Card surcharge net+$5,968
Net profit $91,491
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 Meat Smokers Company LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $152,417/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 (~$152,417 net) estimated

Revenue multiple
$271k–$434k
0.5–0.8× gross
SDE multiple
$381k–$533k
2.5–3.5× earnings
Cap rate
$462k–$610k
25–33%
Suggested range
$381k–$533k
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 2026-07-04

Lookup pending — check back tomorrow

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