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MB200121198
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Sorrento Ristorante Italiano

415 WESTHEIMER RD STE 106, Houston, TX 77006 · TABC MB200121198

Mixed Beverage Houston Market Enriched 2026-07-11
$652,370 Annual gross (L12M) ▼ 4.3% latest MoM Click for monthly detail
$54,364 Avg monthly ▼ 8.9% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $146,131/yr est. net Click for cost model
$365k–$511k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,449,711 – $2,609,480/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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Sorrento Ristorante Italiano is a mixed-beverage licensed establishment at 415 WESTHEIMER RD STE 106, Houston, Texas (TABC MB200121198). Over the most recent 12 months it reported $652,370 in gross alcohol sales, averaging $54,364/month with a best month of $91,706. Sales mix: ~31% liquor · 1% beer · 68% wine. The building at this address is owned by WHITNEY PLACE LTD (6,394 sqft, $3,530,664 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $146,131 (~22% margin). Acquisition value is estimated at $365k–$511k 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
$652,370
Avg monthly
$54,364
Best month
$91,706
Dec 2025
Sales mix
31% Liq
1% Beer · 68% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1212740010001
Property owner (landlord)WHITNEY PLACE LTD
Total building SF whole parcel — Sorrento Ristorante Italiano is in STE 1066,394
Sorrento Ristorante Italiano's footprint estimated — suite-level not on file 3,500 sf
Assessed value$3,530,664

Sorrento Ristorante Italiano's share

Est. base rent ~$18/sqft/yr · 3,500 sqft · Class A $5,326/mo
NNN CAM / insurance$799/mo
NNN property tax$3,531/mo
Personal property tax est — no BPP record $130/mo
Total occupancy $9,786/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 $652,370 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$652,370
COGS (24%)−$156,569
Labor (14%)−$91,332
Occupancy−$105,684
TX MB gross tax (6.7%)−$43,709
Utilities / ins / mktg (8%)−$52,190
Card surcharge net+$7,176
Net profit $210,063
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$652,370
COGS (27%)−$176,140
Labor (17%)−$110,903
Occupancy−$117,427
TX MB gross tax (6.7%)−$43,709
Utilities / ins / mktg (10%)−$65,237
Card surcharge net+$7,176
Net profit $146,131
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$652,370
COGS (30%)−$195,711
Labor (22%)−$143,521
Occupancy−$129,169
TX MB gross tax (6.7%)−$43,709
Utilities / ins / mktg (12%)−$78,284
Card surcharge net+$7,176
Net profit $69,151
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 Olivia Ventures LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $146,131/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 (~$146,131 net) estimated

Revenue multiple
$326k–$522k
0.5–0.8× gross
SDE multiple
$365k–$511k
2.5–3.5× earnings
Cap rate
$443k–$585k
25–33%
Suggested range
$365k–$511k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $1,449,711–$2,609,480/yr in total revenue (your liquor portion of $652,370 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$1,450k–$2,609k
food + liquor + service
Estimated net (10–15%)
$145k–$391k
restaurant margin
Full-business value
$399k–$1,435k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-07-07

Lookup pending — check back tomorrow

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