Since 2013

Morton's Grill

25 WATERWAY AVE, Spring, TX 77380 · Montgomery County
Latest receipts
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Trailing 12
$1.30M
…
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All-time peak
$192K
Oct 2013
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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 Spring
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In ZIP 77380
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In Montgomery County
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Statewide
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2025
License issued
Jun 2025
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: Morton's Grill
City: Spring, TX · Montgomery County
Address: 25 Waterway Ave, TX 77380
TABC permit number: MB843899
Permit type: RESTAURANT (Restaurant)
Owner / operator: Morton's of Chicago/woodlands, INC.
Trailing 12-month mixed beverage receipts: $1,300,137
Estimated business value: $597,457 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Morton's Grill posts strong sales in Spring, outpacing local bar averages

In August 2026, Morton’s Grill recorded $115,945 in receipts, surpassing the 12‑month average of $106,458 for the venue. Compared to typical Texas peers in Spring, the bar’s revenue is notably higher, indicating robust performance in its market.

What is this restaurant worth?

Back-of-envelope · Pro only
Low (-5% margin)
$228K
2.25× EBITDA
Mid (14% margin)Likely
$597K
3.0× EBITDA
High (32% margin)
$1.5M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $1,300,137, 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

MORTON'S GRILL is a Mixed Beverage located in SPRING, Texas. In September 2026, it reported $87,600 in total mixed beverage sales. Its average monthly sales over the last 12 months were $108,345. Its highest-grossing month in that period was December 2025 with $163,993 in sales. Sales have decreased by 23% compared to earlier in the period. Its sales mix is approximately 44% liquor, 5% beer, and 51% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 77380 performance

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Location

25 WATERWAY AVE
SPRING, TX 77380
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License

Permit typeMixed Beverage
NumberMB843899
Status ● Active
First filing2013-07-31
Renewed2025-06-03
In business since 2013
Expires2027-06-19
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameMORTON'S GRILLE
Officers Richard H Liem Treasurer;
Steven L Scheinthal Secretary;
Tilman J Fertitta President

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $1,212,542 vs gross $1,212,537 over 11 overlapping months — filings match (gap 0.0%).
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Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-01 05:09

Federal court history

Public records
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Peer comparison

Spring
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Location · MORTON'S GRILL

25 WATERWAY AVE, SPRING, TX 77380

Heatmap · ZIP 77380

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

ZIP 77380 rankings

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