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Financials

MB200128037
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The Icehouse Conroe

1355 N LOOP 336 E, Conroe, TX 77301 · TABC MB200128037

Mixed Beverage Conroe Market Enriched 2026-07-11
$782,497 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$65,208 Avg monthly ▲ 16.2% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $219,921/yr est. net Click for cost model
$550k–$770k Est. acquisition range 0.84× 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 Icehouse, liquor is typically only 90–98% of total business revenue. Beer-led, minimal food. Estimated total revenue (rough): $798,466 – $869,441/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 Icehouse Conroe is a mixed-beverage licensed establishment at 1355 N LOOP 336 E, Conroe, Texas (TABC MB200128037). Over the most recent 12 months it reported $782,497 in gross alcohol sales, averaging $65,208/month with a best month of $75,773. Sales mix: ~43% liquor · 40% beer · 18% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $219,921 (~28% margin). Acquisition value is estimated at $550k–$770k 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
$782,497
Avg monthly
$65,208
Best month
$75,773
Nov 2025
Sales mix
43% Liq
40% Beer · 18% 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)$6,847/mo
NNN CAM / insurance$1,027/mo
Total occupancy$8,017/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 $782,497 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$782,497
COGS (24%)−$187,799
Labor (14%)−$109,550
Occupancy−$86,587
TX MB gross tax (6.7%)−$52,427
Utilities / ins / mktg (8%)−$62,600
Card surcharge net+$8,607
Net profit $292,141
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$782,497
COGS (27%)−$211,274
Labor (17%)−$133,024
Occupancy−$96,208
TX MB gross tax (6.7%)−$52,427
Utilities / ins / mktg (10%)−$78,250
Card surcharge net+$8,607
Net profit $219,921
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$782,497
COGS (30%)−$234,749
Labor (22%)−$172,149
Occupancy−$105,829
TX MB gross tax (6.7%)−$52,427
Utilities / ins / mktg (12%)−$93,900
Card surcharge net+$8,607
Net profit $132,050
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 The Icehouse Conroe LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $219,921/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 (~$219,921 net) estimated

Revenue multiple
$391k–$626k
0.5–0.8× gross
SDE multiple
$550k–$770k
2.5–3.5× earnings
Cap rate
$666k–$880k
25–33%
Suggested range
$550k–$770k
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 2026-07-06

Lookup pending — check back tomorrow

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