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Financials

MB1072652
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Tikila's

2708 N SHEPHERD DR, Houston, TX 77008 · TABC MB1072652

Mixed Beverage Houston Market Enriched 2026-06-19
$870,082 Annual gross (L12M) ▼ 23.9% latest MoM Click for monthly detail
$72,507 Avg monthly ▲ 1.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $194,898/yr est. net Click for cost model
$487k–$682k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $915,876 – $1,023,626/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

Tikila's is a mixed-beverage licensed establishment at 2708 N SHEPHERD DR, Houston, Texas (TABC MB1072652). Over the most recent 12 months it reported $870,082 in gross alcohol sales, averaging $72,507/month with a best month of $121,285. Sales mix: ~76% liquor · 23% beer · 1% wine. The building at this address is owned by WBM INVESTMENTS LLC (2,500 sqft, $2,590,525 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $194,898 (~22% margin). Acquisition value is estimated at $487k–$682k 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
$870,082
Avg monthly
$72,507
Best month
$121,285
May 2025
Sales mix
76% Liq
23% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0200190000003
Property owner (landlord)WBM INVESTMENTS LLC
Total building SF2,500
Assessed value$2,590,525

Tikila's's share

Est. base rent ~$31/sqft/yr · 3,500 sqft · Class A $8,945/mo
NNN CAM / insurance$1,342/mo
NNN property tax$2,591/mo
Personal property tax est — no BPP record $174/mo
Total occupancy $13,051/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 $870,082 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$870,082
COGS (24%)−$208,820
Labor (14%)−$121,811
Occupancy−$140,953
TX MB gross tax (6.7%)−$58,295
Utilities / ins / mktg (8%)−$69,607
Card surcharge net+$9,571
Net profit $280,166
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$870,082
COGS (27%)−$234,922
Labor (17%)−$147,914
Occupancy−$156,615
TX MB gross tax (6.7%)−$58,295
Utilities / ins / mktg (10%)−$87,008
Card surcharge net+$9,571
Net profit $194,898
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$870,082
COGS (30%)−$261,025
Labor (22%)−$191,418
Occupancy−$172,276
TX MB gross tax (6.7%)−$58,295
Utilities / ins / mktg (12%)−$104,410
Card surcharge net+$9,571
Net profit $92,229
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 27Th St Ice House LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $194,898/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 (~$194,898 net) estimated

Revenue multiple
$435k–$696k
0.5–0.8× gross
SDE multiple
$487k–$682k
2.5–3.5× earnings
Cap rate
$591k–$780k
25–33%
Suggested range
$487k–$682k
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 2026-07-03

Lookup pending — check back tomorrow

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