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Financials

MB200148088
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The Clock Htx

908 CONGRESS ST, Houston, TX 77002 · TABC MB200148088

Mixed Beverage Houston Market Enriched 2026-09-12
$600,778 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$54,616 Avg monthly ▲ 61.3% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $118,916/yr est. net Click for cost model
$300k–$416k Est. acquisition range 0.60× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $600,778 – $667,531/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

The Clock Htx is a mixed-beverage licensed establishment at 908 CONGRESS ST, Houston, Texas (TABC MB200148088). Over the most recent 12 months it reported $600,778 in gross alcohol sales, averaging $54,616/month with a best month of $88,073. Sales mix: ~89% liquor · 3% beer · 7% wine. The building at this address is owned by APEXIA LLC (2,969 sqft, $700,454 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $118,916 (~20% margin). Acquisition value is estimated at $300k–$416k 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
$600,778
Avg monthly
$54,616
Best month
$88,073
Dec 2025
Sales mix
89% Liq
3% Beer · 7% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0010330000028
Property owner (landlord)APEXIA LLC
Total building SF2,969
Assessed value$700,454

The Clock Htx's share

Est. base rent ~$28/sqft/yr · 3,500 sqft · Class A $8,257/mo
NNN CAM / insurance$1,239/mo
NNN property tax$700/mo
Personal property tax est — no BPP record $120/mo
Total occupancy $10,316/mo

Occupancy analysis

All-in occupancy cost is 20.6% 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 $600,778 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$600,778
COGS (24%)−$144,187
Labor (14%)−$84,109
Occupancy−$111,418
TX MB gross tax (6.7%)−$40,252
Utilities / ins / mktg (8%)−$48,062
Card surcharge net+$6,609
Net profit $179,358
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$600,778
COGS (27%)−$162,210
Labor (17%)−$102,132
Occupancy−$123,798
TX MB gross tax (6.7%)−$40,252
Utilities / ins / mktg (10%)−$60,078
Card surcharge net+$6,609
Net profit $118,916
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$600,778
COGS (30%)−$180,233
Labor (22%)−$132,171
Occupancy−$136,178
TX MB gross tax (6.7%)−$40,252
Utilities / ins / mktg (12%)−$72,093
Card surcharge net+$6,609
Net profit $46,459
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 Cima & Celi LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $118,916/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 (~$118,916 net) estimated

Revenue multiple
$300k–$481k
0.5–0.8× gross
SDE multiple
$297k–$416k
2.5–3.5× earnings
Cap rate
$360k–$476k
25–33%
Suggested range
$300k–$416k
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 2026-07-10

Lookup pending — check back tomorrow

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