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Financials

MB786281
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Twin Peaks

4527 LOMITAS ST, Houston, TX 77098 · TABC MB786281

Mixed Beverage Houston Market Enriched 2026-05-24
$2,574,683 Annual gross (L12M) ▼ 1.2% latest MoM Click for monthly detail
$214,557 Avg monthly ▼ 1.7% latest vs avg Click for monthly detail
~23% Est. net margin (likely) $597,337/yr est. net Click for cost model
$1,493k–$2,091k Est. acquisition range 0.70× 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): $3,678,119 – $5,149,366/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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Twin Peaks is a mixed-beverage licensed establishment at 4527 LOMITAS ST, Houston, Texas (TABC MB786281). Over the most recent 12 months it reported $2,574,683 in gross alcohol sales, averaging $214,557/month with a best month of $240,145. Sales mix: ~40% liquor · 59% beer · 1% wine. The building at this address is owned by JJAR KIRBY LLC (7,217 sqft, $2,810,830 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $597,337 (~23% margin). Acquisition value is estimated at $1,493k–$2,091k 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
$2,574,683
Avg monthly
$214,557
Best month
$240,145
Oct 2025
Sales mix
40% Liq
59% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0772210020007
Property owner (landlord)JJAR KIRBY LLC
Total building SF7,217
Assessed value$2,810,830

Twin Peaks's share

Est. base rent ~$47/sqft/yr · 7,500 sqft · Class A $29,211/mo
NNN CAM / insurance$4,382/mo
NNN property tax$2,811/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $36,903/mo

Occupancy analysis

All-in occupancy cost is 17.2% 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 $2,574,683 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$2,574,683
COGS (24%)−$617,924
Labor (14%)−$360,456
Occupancy−$398,551
TX MB gross tax (6.7%)−$172,504
Utilities / ins / mktg (8%)−$205,975
Card surcharge net+$28,322
Net profit $847,595
Most Likely
Typical bar, light food program, full two-shift staffing
~23%
Revenue$2,574,683
COGS (27%)−$695,164
Labor (17%)−$437,696
Occupancy−$442,835
TX MB gross tax (6.7%)−$172,504
Utilities / ins / mktg (10%)−$257,468
Card surcharge net+$28,322
Net profit $597,337
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$2,574,683
COGS (30%)−$772,405
Labor (22%)−$566,430
Occupancy−$487,118
TX MB gross tax (6.7%)−$172,504
Utilities / ins / mktg (12%)−$308,962
Card surcharge net+$28,322
Net profit $295,585
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 Kirby Beverage L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $597,337/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 (~$597,337 net) estimated

Revenue multiple
$1.29M–$2.06M
0.5–0.8× gross
SDE multiple
$1.49M–$2.09M
2.5–3.5× earnings
Cap rate
$1.81M–$2.39M
25–33%
Suggested range
$1,493k–$2,091k
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

Lookup pending — check back tomorrow

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