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Financials

MB200058945
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Union Draft House

13649 EASTLAKE BLDG D, Horizon, TX 79928 · TABC MB200058945

Mixed Beverage Horizon Market Enriched 2026-06-15
$984,379 Annual gross (L12M) ▼ 8.1% latest MoM Click for monthly detail
$82,032 Avg monthly ▼ 21.2% latest vs avg Click for monthly detail
~31% Est. net margin (likely) $306,367/yr est. net Click for cost model
$766k–$984k Est. acquisition range 0.89× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $984,379 – $1,093,754/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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Union Draft House is a mixed-beverage licensed establishment at 13649 EASTLAKE BLDG D, Horizon, Texas (TABC MB200058945). Over the most recent 12 months it reported $984,379 in gross alcohol sales, averaging $82,032/month with a best month of $163,335. Sales mix: ~39% liquor · 60% beer · 0% wine. The building at this address is owned by ROMITY DEVELOPMENT LLC (45,794 sqft, $8,304,710 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $306,367 (~31% margin). Acquisition value is estimated at $766k–$984k 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
$984,379
Avg monthly
$82,032
Best month
$163,335
Jun 2025
Sales mix
39% Liq
60% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID701515
Property owner (landlord)ROMITY DEVELOPMENT LLC
Total building SF whole parcel — Union Draft House is in BLDG D45,794
Union Draft House's footprint estimated — suite-level not on file 3,500 sf
Assessed value$8,304,710

Union Draft House's share

Est. base rent ~$18/sqft/yr · 3,500 sqft · Class B $5,289/mo
NNN CAM / insurance$793/mo
NNN property tax$1,322/mo
Personal property tax est — no BPP record $205/mo
Total occupancy $7,610/mo

Occupancy analysis

All-in occupancy cost is 9.3% 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 $984,379 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~40%
Revenue$984,379
COGS (24%)−$236,251
Labor (14%)−$137,813
Occupancy−$82,190
TX MB gross tax (6.7%)−$65,953
Utilities / ins / mktg (8%)−$78,750
Card surcharge net+$10,828
Net profit $394,250
Most Likely
Typical bar, light food program, full two-shift staffing
~31%
Revenue$984,379
COGS (27%)−$265,782
Labor (17%)−$167,344
Occupancy−$91,322
TX MB gross tax (6.7%)−$65,953
Utilities / ins / mktg (10%)−$98,438
Card surcharge net+$10,828
Net profit $306,367
Stressed
Heavy food, larger crew, higher rent
~20%
Revenue$984,379
COGS (30%)−$295,314
Labor (22%)−$216,563
Occupancy−$100,454
TX MB gross tax (6.7%)−$65,953
Utilities / ins / mktg (12%)−$118,125
Card surcharge net+$10,828
Net profit $198,797
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 Union Eastlake LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $306,367/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 (~$306,367 net) estimated

Revenue multiple
$492k–$788k
0.5–0.8× gross
SDE multiple
$766k–$1.07M
2.5–3.5× earnings
Cap rate
$928k–$1.23M
25–33%
Suggested range
$766k–$984k
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 2026-06-26

Lookup pending — check back tomorrow

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