1318 LOUISIANA ST, Houston, TX 77002 · TABC MB100939
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Benihana Of Tokyo is a mixed-beverage licensed establishment at 1318 LOUISIANA ST, Houston, Texas (TABC MB100939). Over the most recent 12 months it reported $538,416 in gross alcohol sales, averaging $44,868/month with a best month of $60,507. Sales mix: ~61% liquor · 18% beer · 21% wine. The building at this address is owned by 1415 LOUISIANA LLC (35,930 sqft, $13,498,789 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $120,605 (~22% margin). Acquisition value is estimated at $302k–$422k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Benihana Of Tokyo's share
All-in occupancy cost is 18.0% 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.
Texas bar cost model applied to $538,416 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$120,605 net) estimated
Public records · last checked 2026-05-23
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