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Financials

MB200144476
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Social Junkie

2412 WASHINGTON AVE, Houston, TX 77007 · TABC MB200144476

Mixed Beverage Houston Market Enriched 2026-05-14
$1,383,598 Annual gross (L12M) ▲ 48.3% latest MoM Click for monthly detail
$115,300 Avg monthly ▲ 44.7% latest vs avg Click for monthly detail
~9% Est. net margin (likely) $129,571/yr est. net Click for cost model
$692k–$453k Est. acquisition range 0.41× 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): $1,456,419 – $1,627,762/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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Social Junkie is a mixed-beverage licensed establishment at 2412 WASHINGTON AVE, Houston, Texas (TABC MB200144476). Over the most recent 12 months it reported $1,383,598 in gross alcohol sales, averaging $115,300/month with a best month of $166,875. Sales mix: ~93% liquor · 5% beer · 2% wine. The building at this address is owned by WERTHEIM THOMAS A (3,540 sqft, $2,537,226 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $129,571 (~9% margin). Acquisition value is estimated at $692k–$453k 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
$1,383,598
Avg monthly
$115,300
Best month
$166,875
Mar 2026
Sales mix
93% Liq
5% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0071590000003
Property owner (landlord)WERTHEIM THOMAS A
Total building SF3,540
Assessed value$2,537,226

Social Junkie's share

Est. base rent ~$86/sqft/yr · 4,000 sqft · Class A $28,669/mo
NNN CAM / insurance$4,300/mo
NNN property tax$2,537/mo
Personal property tax est — no BPP record $277/mo
Total occupancy $35,784/mo

Occupancy analysis

All-in occupancy cost is 31.0% 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 $1,383,598 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~20%
Revenue$1,383,598
COGS (24%)−$332,064
Labor (14%)−$193,704
Occupancy−$386,462
TX MB gross tax (6.7%)−$92,701
Utilities / ins / mktg (8%)−$110,688
Card surcharge net+$15,220
Net profit $283,199
Most Likely
Typical bar, light food program, full two-shift staffing
~9%
Revenue$1,383,598
COGS (27%)−$373,571
Labor (17%)−$235,212
Occupancy−$429,403
TX MB gross tax (6.7%)−$92,701
Utilities / ins / mktg (10%)−$138,360
Card surcharge net+$15,220
Net profit $129,571
Stressed
Heavy food, larger crew, higher rent
~-4%
Revenue$1,383,598
COGS (30%)−$415,079
Labor (22%)−$304,392
Occupancy−$472,343
TX MB gross tax (6.7%)−$92,701
Utilities / ins / mktg (12%)−$166,032
Card surcharge net+$15,220
Net profit $-51,729
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 2412 Washington Entities LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $129,571/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 (~$129,571 net) estimated

Revenue multiple
$692k–$1.11M
0.5–0.8× gross
SDE multiple
$324k–$453k
2.5–3.5× earnings
Cap rate
$393k–$518k
25–33%
Suggested range
$692k–$453k
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 2026-06-18

No federal lawsuits — past or pending