For the most recent month, Shangri‑La recorded $121,657 in receipts, which is below its twelve‑month average of $143,784. This dip places the bar near the middle of revenue performance among comparable Austin establishments.
Based on trailing-12-month gross of $1,703,436, 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 |
|---|---|---|---|---|---|
| Loading monthly filings… | |||||
SHANGRI-LA is a Mixed Beverage located in AUSTIN, Texas. In August 2026, it reported $121,657 in total mixed beverage sales. Its average monthly sales over the last 12 months were $141,953. Its highest-grossing month in that period was March 2026 with $194,607 in sales. Sales have decreased by 15% compared to earlier in the period. Its sales mix is approximately 75% liquor, 24% beer, and 0% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.
1016 E 6TH ST, AUSTIN, TX 78702
Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.
—
“Shangri-La is a fun, laid-back bar that’s easy to like. The vibe is casual, drinks come out quick, and the prices are pretty reasonable for what you get. It can get loud and packed later in the night, but earlier it’s a nice spot to hang out and talk. Staff were cool and kept things moving. Good place to start the night or just grab a couple drinks with friends.”
“Shangri-La was a solid East Side stop — good drinks, chill patio, and classic Austin energy. The cocktails were better than expected and the vibe was easygoing, exactly what you want for a casual night out. Crazy part? I only found out after I left that there’s a hidden speakeasy inside. Didn’t even know it existed while I was there, so now I definitely want to go back and check it out. If you’re into laid-back...”
“Fun bar to hang out in with a nice outside area out back with a food truck. Two pool tables a Photo Booth with friendly professional staff. Spend some time here on the east side of Austin.”
“As a local, this is my favorite chill bar in austin. Easily the best music playlist on the east side. They have tons of outlets to charge up your phones and devices for work if needed. Seriously come here if you are in need of a safe space with strong drinks, great-priced food, and want the feel of being around locals. A mix of people here but everyone is always friendly and happy to see you. Huge indoor bar with...”
“One of my favorite bars in Austin. This place serves up hipster vibes with a great patio out in the backyard. Come here on a Thursday if you like to shoot some pool. Free pool Thursdays? Can’t beat it. They also have a golden tee like game along with a Photo Booth if you’re looking to get silly. Prices are fairly decent as well.”
Aggregated from public reviews. Cached locally; may lag the live source by up to a week.