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Financials

MB854255
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Twin Peaks

11335 KATY FWY, Houston, TX 77079 · TABC MB854255

Mixed Beverage Houston Market Enriched 2026-05-24
$2,877,263 Annual gross (L12M) ▲ 2.7% latest MoM Click for monthly detail
$239,772 Avg monthly ▼ 1.9% latest vs avg Click for monthly detail
~23% Est. net margin (likely) $675,021/yr est. net Click for cost model
$1,688k–$2,363k 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): $4,110,376 – $5,754,526/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 11335 KATY FWY, Houston, Texas (TABC MB854255). Over the most recent 12 months it reported $2,877,263 in gross alcohol sales, averaging $239,772/month with a best month of $262,698. Sales mix: ~40% liquor · 59% beer · 1% wine. The building at this address is owned by KENSINGER PROPERTIES LTD (8,654 sqft, $3,658,060 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $675,021 (~23% margin). Acquisition value is estimated at $1,688k–$2,363k 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
$2,877,263
Avg monthly
$239,772
Best month
$262,698
Oct 2025
Sales mix
40% Liq
59% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID0985580000026
Property owner (landlord)KENSINGER PROPERTIES LTD
Total building SF8,654
Assessed value$3,658,060

Twin Peaks's share

Est. base rent ~$51/sqft/yr · 7,500 sqft · Class A $31,703/mo
NNN CAM / insurance$4,755/mo
NNN property tax$3,658/mo
Personal property tax est — no BPP record $500/mo
Total occupancy $40,616/mo

Occupancy analysis

All-in occupancy cost is 16.9% 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 $2,877,263 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$2,877,263
COGS (24%)−$690,543
Labor (14%)−$402,817
Occupancy−$438,654
TX MB gross tax (6.7%)−$192,777
Utilities / ins / mktg (8%)−$230,181
Card surcharge net+$31,650
Net profit $953,942
Most Likely
Typical bar, light food program, full two-shift staffing
~23%
Revenue$2,877,263
COGS (27%)−$776,861
Labor (17%)−$489,135
Occupancy−$487,393
TX MB gross tax (6.7%)−$192,777
Utilities / ins / mktg (10%)−$287,726
Card surcharge net+$31,650
Net profit $675,021
Stressed
Heavy food, larger crew, higher rent
~12%
Revenue$2,877,263
COGS (30%)−$863,179
Labor (22%)−$632,998
Occupancy−$536,132
TX MB gross tax (6.7%)−$192,777
Utilities / ins / mktg (12%)−$345,272
Card surcharge net+$31,650
Net profit $338,556
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 Memorial Beverage LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $675,021/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 (~$675,021 net) estimated

Revenue multiple
$1.44M–$2.30M
0.5–0.8× gross
SDE multiple
$1.69M–$2.36M
2.5–3.5× earnings
Cap rate
$2.05M–$2.70M
25–33%
Suggested range
$1,688k–$2,363k
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 2026-05-27

Lookup pending — check back tomorrow

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