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Financials

MB104958040
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Xochi

1777 WALKER ST STE A, Houston, TX 77010 · TABC MB104958040

Mixed Beverage Houston Market Enriched 2026-05-24
$1,716,432 Annual gross (L12M) ▼ 28.9% latest MoM Click for monthly detail
$143,036 Avg monthly ▲ 3.6% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $522,512/yr est. net Click for cost model
$1,306k–$1,716k Est. acquisition range 0.88× 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): $1,806,771 – $2,019,332/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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Xochi is a mixed-beverage licensed establishment at 1777 WALKER ST STE A, Houston, Texas (TABC MB104958040). Over the most recent 12 months it reported $1,716,432 in gross alcohol sales, averaging $143,036/month with a best month of $208,422. Sales mix: ~75% liquor · 6% beer · 18% wine. The building at this address is owned by HOUSTON CONVENTION CENTER HOTEL LLC (1,309,252 sqft, $269,621,166 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $522,512 (~30% margin). Acquisition value is estimated at $1,306k–$1,716k 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
$1,716,432
Avg monthly
$143,036
Best month
$208,422
Mar 2026
Sales mix
75% Liq
6% Beer · 18% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1363420010001
Property owner (landlord)HOUSTON CONVENTION CENTER HOTEL LLC
Total building SF whole parcel — Xochi is in STE A1,309,252
Xochi's footprint estimated — suite-level not on file 5,000 sf
Assessed value$269,621,166

Xochi's share

Est. base rent ~$25/sqft/yr · 5,000 sqft · Class A $10,297/mo
NNN CAM / insurance$1,545/mo
NNN property tax$2,059/mo
Personal property tax est — no BPP record $343/mo
Total occupancy $14,244/mo

Occupancy analysis

All-in occupancy cost is 10.0% 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 $1,716,432 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$1,716,432
COGS (24%)−$411,944
Labor (14%)−$240,300
Occupancy−$153,834
TX MB gross tax (6.7%)−$115,001
Utilities / ins / mktg (8%)−$137,315
Card surcharge net+$18,881
Net profit $676,919
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$1,716,432
COGS (27%)−$463,437
Labor (17%)−$291,793
Occupancy−$170,927
TX MB gross tax (6.7%)−$115,001
Utilities / ins / mktg (10%)−$171,643
Card surcharge net+$18,881
Net profit $522,512
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$1,716,432
COGS (30%)−$514,930
Labor (22%)−$377,615
Occupancy−$188,020
TX MB gross tax (6.7%)−$115,001
Utilities / ins / mktg (12%)−$205,972
Card surcharge net+$18,881
Net profit $333,776
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 Rosalina LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $522,512/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 (~$522,512 net) estimated

Revenue multiple
$858k–$1.37M
0.5–0.8× gross
SDE multiple
$1.31M–$1.83M
2.5–3.5× earnings
Cap rate
$1.58M–$2.09M
25–33%
Suggested range
$1,306k–$1,716k
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 2026-06-04

Lookup pending — check back tomorrow

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