Expired - Original Required BLUE · Bar Since 2015

Ipic Theaters Houston

4444 WESTHEIMER RD STE C-220, Houston, TX 77027 · Harris County
Latest receipts
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Trailing 12
$1.99M
…
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All-time peak
$291K
Dec 2017
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Houston
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In ZIP 77027
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In Harris County
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Statewide
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2019
License issued
Sep 2019
Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Ipic Theaters Houston
City: Houston, TX · Harris County
Address: 4444 Westheimer Rd Ste C-220, TX 77027
TABC permit number: MB920132
Owner / operator: Ipic Texas, LLC
Trailing 12-month mixed beverage receipts: $1,985,147
Estimated business value: $872,727 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Ipic Theaters Houston reported $0 in March 2020.

Trailing-12 receipts: $1.99M (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Houston. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$309K
2.25× EBITDA
Mid (14% margin)Likely
$873K
3.0× EBITDA
High (32% margin)
$2.3M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $1,985,147, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

IPIC THEATERS HOUSTON is a Mixed Beverage located in HOUSTON, Texas. Its average monthly sales over the last 10 months were $198,515. Its highest-grossing month in that period was December 2019 with $219,847 in sales. Sales have increased by 18% compared to earlier in the period. Its sales mix is approximately 51% liquor, 11% beer, and 38% wine. The establishment currently holds an Expired - Original Required TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 77027 performance

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Location

4444 WESTHEIMER RD STE C-220
HOUSTON, TX 77027
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License

Permit typeMixed Beverage
NumberMB920132
Status ● Expired - Original Required
First filing2015-11-30
Renewed2019-09-10
In business since 2015
Expires2021-09-10
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Trade nameIPIC THEATERS
Officers Hamid Hashemi President

Audit risk

H
HIGH
5 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 2 months with $0 reported (avg baseline $198,515/mo)
  • Federal bankruptcy filing on file (1)
Sales-tax cross-check
Sales-tax filings $1,961,809 vs gross $1,985,147 over 10 overlapping months — gap of 1.2% (expected ~0%).
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Federal court history

Public records
1 federal case
1 bankruptcy
Most recent filing
iPic Texas, LLC
DEB · 2019-08-05 · CLOSED
Public records, last checked 2026-06-15

Peer comparison

Houston
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Location · IPIC THEATERS HOUSTON

4444 WESTHEIMER RD STE C-220, HOUSTON, TX 77027

Heatmap · ZIP 77027

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 77027 rankings

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