← SHANGRI-LA MB707813
RED · Restaurant (51%+ food) Since 2008

Shangri-La

1016 E 6TH ST, Austin, TX 78702 · Travis County
Latest receipts
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Trailing 12
$1.70M
…
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All-time peak
$284K
Mar 2023
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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 Austin
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In ZIP 78702
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In Travis County
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Statewide
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2025
License issued
Nov 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: Shangri-La
City: Austin, TX · Travis County
Address: 1016 E 6th St, TX 78702
TABC permit number: MB707813
Permit type: BAR (Bar)
Owner / operator: Shangri-la Atx, L.l.c.
Trailing 12-month mixed beverage receipts: $1,703,436
Latest health inspection score: 84 (Mar 27, 2026) · Austin inspection
Estimated business value: $759,522 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Shangri‑La in Austin posts $121.7K in latest month, modestly below its $143.8K 12‑month average.

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.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$276K
2.25× EBITDA
Mid (14% margin)Likely
$760K
3.0× EBITDA
High (32% margin)
$2.0M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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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.

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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

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.

ZIP 78702 performance

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Location

1016 E 6TH ST
AUSTIN, TX 78702
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License

Permit typeMixed Beverage
NumberMB707813
Status ● Active
First filing2008-12-31
Renewed2025-11-10
In business since 2008
Expires2027-11-09
Footprint 2,500 sf · free-standing building
Health score 84 · Austin inspection · Mar 27, 2026 →
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers Emily Van Aken Member/Mgr
Jonas Van Aken Director
Kite C Ricks Member/Mgr
Sibling entities
6 other venues share an officer
The Liberty · Austin
via Jonas Van Aken (Member/mgr)
The Grackle · Austin
via Kite C Ricks (Member/mgr)
Low Down Lounge · Austin
via Jonas Van Aken (Member/mgr)
Low Down Lounge · Austin
via Jonas Van Aken (Member/mgr)
The Grackle · Austin
via Kite C Ricks (Member/mgr)
The Liberty · Austin
via Jonas Van Aken (Member/mgr)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Operator portfolio

TX state retail-permit registry
Outlets statewide 2 across 1 city
Same taxpayer ID runs multiple permitted outlets — this venue is part of a multi-location operator.
Show 2 sample outlets
SHANGRI-LA · Austin
NAICS 722410
SHANGRI-LA · Austin
NAICS 722410
Inferred from a shared state retail-permit taxpayer ID.

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $1,703,436 vs gross $1,703,436 over 12 overlapping months — filings match (gap 0.0%).
View methodology →

Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-09-05 06:19

Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

Austin
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Location · SHANGRI-LA

1016 E 6TH ST, AUSTIN, TX 78702

Heatmap · ZIP 78702

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

ZIP 78702 rankings

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