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Financials

MB644692
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Time Out #4

3338 E FM 528 RD, Friendswood, TX 77546 · TABC MB644692

Mixed Beverage Friendswood Market Enriched 2026-06-17
$936,640 Annual gross (L12M) ▲ 0.6% latest MoM Click for monthly detail
$78,053 Avg monthly ▼ 2.5% latest vs avg Click for monthly detail
~40% Est. net margin (likely) $376,147/yr est. net Click for cost model
$940k–$937k Est. acquisition range 1.00× 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $1,338,057 – $1,873,280/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

Time Out #4 is a mixed-beverage licensed establishment at 3338 E FM 528 RD, Friendswood, Texas (TABC MB644692). Over the most recent 12 months it reported $936,640 in gross alcohol sales, averaging $78,053/month with a best month of $88,741. Sales mix: ~52% liquor · 46% beer · 2% wine. The building at this address is owned by AUTUMN CREEK COMMUNITY ASSOCIATION INC (5,000 sqft, $100 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $376,147 (~40% margin). Acquisition value is estimated at $940k–$937k 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
$936,640
Avg monthly
$78,053
Best month
$88,741
Dec 2025
Sales mix
52% Liq
46% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1198840010006
Property owner (landlord)AUTUMN CREEK COMMUNITY ASSOCIATION INC
Total building SF5,000
Assessed value$100

Time Out #4's share

Est. base rent ~$0/sqft/yr · 3,500 sqft · Class C $0/mo
NNN CAM / insurance$0/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $187/mo
Total occupancy $188/mo

Occupancy analysis

All-in occupancy cost is 0.2% 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 $936,640 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~48%
Revenue$936,640
COGS (24%)−$224,794
Labor (14%)−$131,130
Occupancy−$2,030
TX MB gross tax (6.7%)−$62,755
Utilities / ins / mktg (8%)−$74,931
Card surcharge net+$10,303
Net profit $451,304
Most Likely
Typical bar, light food program, full two-shift staffing
~40%
Revenue$936,640
COGS (27%)−$252,893
Labor (17%)−$159,229
Occupancy−$2,256
TX MB gross tax (6.7%)−$62,755
Utilities / ins / mktg (10%)−$93,664
Card surcharge net+$10,303
Net profit $376,147
Stressed
Heavy food, larger crew, higher rent
~30%
Revenue$936,640
COGS (30%)−$280,992
Labor (22%)−$206,061
Occupancy−$2,481
TX MB gross tax (6.7%)−$62,755
Utilities / ins / mktg (12%)−$112,397
Card surcharge net+$10,303
Net profit $282,257
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 Timeout #4 Sports Bar LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $376,147/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 (~$376,147 net) estimated

Revenue multiple
$468k–$749k
0.5–0.8× gross
SDE multiple
$940k–$1.32M
2.5–3.5× earnings
Cap rate
$1.14M–$1.50M
25–33%
Suggested range
$940k–$937k
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 2026-05-28

No federal lawsuits — past or pending