← VELVET RAIL MB105979320

Velvet Rail

505 MAIN ST, Houston, TX 77002 · Harris County
Latest receipts
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Trailing 12
$31K
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All-time peak
$57K
May 2024
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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 77002
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In Harris County
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Statewide
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2024
License issued
Dec 2024
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: Velvet Rail
City: Houston, TX · Harris County
Address: 505 Main St, TX 77002
TABC permit number: MB105979320
Owner / operator: Main Enterprise, LLC.
Trailing 12-month mixed beverage receipts: $31,291
Estimated business value: $97,141 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Velvet Rail outperforms average Houston bar revenue with $6,046 latest month sales

Velvet Rail posted $6,046 in its latest month, well above its 12‑month average of $3,663 and above typical Houston bar revenues. Filing in August 2026, the bar sits solidly in the mid‑range segment of Houston’s hospitality market. Audit risk not yet scored — fewer than 6 months of filed receipts on record.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$88K
2.25× EBITDA
Mid (14% margin)Likely
$97K
3.0× EBITDA
High (32% margin)
$120K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $31,291, 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

VELVET RAIL is a Mixed Beverage located in HOUSTON, Texas. In August 2026, it reported $2,859 in total mixed beverage sales. Its average monthly sales over the last 5 months were $6,258. Its highest-grossing month in that period was October 2025 with $15,304 in sales. Its sales mix is approximately 92% liquor, 6% beer, and 1% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is not yet rated — this bar has fewer than 6 months of filed mixed beverage receipts, so the sales-pattern signals the score relies on are not yet meaningful.

ZIP 77002 performance

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Location

505 MAIN ST
HOUSTON, TX 77002
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License

Permit typeMixed Beverage
NumberMB105979320
Status ● Active
First filing2019-01-31
Renewed2024-12-17
Expires2026-12-18
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Trade nameNarcos
Officers Allen Keller Registered Agent

Audit risk

N/A
INSUFFICIENT HISTORY
Need at least 6 months of filed receipts before scoring patterns.
  • Only 5 months of filed receipts on record — need at least 6 to score sales-pattern signals reliably
Sales-tax cross-check · flagged
Sales-tax filings $3,893 vs gross $31,291 over 5 overlapping months — gap of 87.6% (expected ~0%).
3/5 months below 85% ratio.
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Federal court history

Public records
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Peer comparison

Houston
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Location · VELVET RAIL

505 MAIN ST, HOUSTON, TX 77002

Heatmap · ZIP 77002

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

ZIP 77002 rankings

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