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Financials

MB977098
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The Thirsty Texan Pub & Patio

21135 STATE HIGHWAY 249, Houston, TX 77070 · TABC MB977098

Mixed Beverage Houston Market Enriched 2026-06-17
$921,572 Annual gross (L12M) ▼ 4.1% latest MoM Click for monthly detail
$76,798 Avg monthly ▼ 12.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $258,823/yr est. net Click for cost model
$647k–$906k 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $1,151,965 – $1,535,953/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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The Thirsty Texan Pub & Patio is a mixed-beverage licensed establishment at 21135 STATE HIGHWAY 249, Houston, Texas (TABC MB977098). Over the most recent 12 months it reported $921,572 in gross alcohol sales, averaging $76,798/month with a best month of $83,704. Sales mix: ~67% liquor · 33% beer · 0% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $258,823 (~28% margin). Acquisition value is estimated at $647k–$906k 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
$921,572
Avg monthly
$76,798
Best month
$83,704
Aug 2025
Sales mix
67% Liq
33% Beer · 0% 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)$8,064/mo
NNN CAM / insurance$1,210/mo
Total occupancy$9,458/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 $921,572 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$921,572
COGS (24%)−$221,177
Labor (14%)−$129,020
Occupancy−$102,142
TX MB gross tax (6.7%)−$61,745
Utilities / ins / mktg (8%)−$73,726
Card surcharge net+$10,137
Net profit $343,898
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$921,572
COGS (27%)−$248,824
Labor (17%)−$156,667
Occupancy−$113,492
TX MB gross tax (6.7%)−$61,745
Utilities / ins / mktg (10%)−$92,157
Card surcharge net+$10,137
Net profit $258,823
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$921,572
COGS (30%)−$276,472
Labor (22%)−$202,746
Occupancy−$124,841
TX MB gross tax (6.7%)−$61,745
Utilities / ins / mktg (12%)−$110,589
Card surcharge net+$10,137
Net profit $155,317
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 One More Now LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $258,823/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 (~$258,823 net) estimated

Revenue multiple
$461k–$737k
0.5–0.8× gross
SDE multiple
$647k–$906k
2.5–3.5× earnings
Cap rate
$784k–$1.04M
25–33%
Suggested range
$647k–$906k
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 2026-06-29

Lookup pending — check back tomorrow

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