In August 2026, The Palm posted $52,256 in receipts, roughly 31% below its 12‑month average of $76,037. This performance is modest relative to typical Houston bars that often sustain revenues near or above their average figures.
Based on trailing-12-month gross of $934,863, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.
| Month | Total | Liquor | Beer | Wine | MoM |
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THE PALM is a Mixed Beverage located in HOUSTON, Texas. In September 2026, it reported $69,229 in total mixed beverage sales. Its average monthly sales over the last 12 months were $77,905. Its highest-grossing month in that period was February 2026 with $131,513 in sales. Sales have decreased by 41% compared to earlier in the period. Its sales mix is approximately 48% liquor, 4% beer, and 48% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.
1201 FANNIN ST STE 129, HOUSTON, TX 77002
Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.
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“I came to The Palm Downtown Houston for my birthday dinner, and it was an absolutely amazing experience. This is hands down one of the best steakhouses I’ve been to. The food, ambiance, and service were all exceptional. Everything we ordered was delicious, but I highly recommend the crab cakes and the lobster ravioli. Both were outstanding. For dessert, I had the chocolate cake, which was rich and delicious, and...”
“5 stars all around for The Palm! We had our annual friendmas dinner here tonight. We ordered a variety things. Starting off strong with some refreshments, the palm margarita, so delicious and refreshing! 10/10 if you like tequila. My friends got some wine and a whisky drink! For appetizers we ordered some oysters and calamari. The calamari was absolutely delicious, so much flavor in every single bite and the...”
“Highly recommend! I dined here last night for my 30th birthday and had the best time!! The table was decorated with a cute card that made me feel so special and valued. Logan was our server and did an amazing job. Super attentive and offered great recommendations. The palm-tini he recommended was delicious and when I ordered the steak, the Pinot Noir he recommended with it was perfect. My husband had the wagyu...”
“We celebrated the New Year at The Palm and were so pleased with this lovely restaurant. The atmosphere, decor and hostess welcome were all so nice. We were seated at one of their beautiful booths and greeted by staff, Jesse and Lydia. Jesse was an exceptional waiter and suggested excellent drink and menu options. Lydia was very friendly and made sure we had enough of everything. The Mrs. Claus and the Old...”
“Just celebrated my birthday here with my friends and everything was to perfection. Jessie our server was nothing but professional. He recommended thing and help me get the best. I had the lobster and it was sooo good. I really and job this place and highly recommend. The atmosphere was also very chill and classy. 10/10”
Aggregated from public reviews. Cached locally; may lag the live source by up to a week.