RED · Restaurant (51%+ food) Since 1993

Cheers Shot Bar

416 E 6TH ST, Austin, TX 78701 · Travis County
Latest receipts
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Trailing 12
$292K
…
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All-time peak
$211K
Mar 2014
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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 78701
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In Travis County
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Statewide
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2025
License issued
Jun 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: Cheers Shot Bar
City: Austin, TX · Travis County
Address: 416 E 6th St, TX 78701
TABC permit number: MB238578
Permit type: BAR (Bar)
Owner / operator: Cyroos, INC.
Trailing 12-month mixed beverage receipts: $291,983
Latest health inspection score: 85 (May 29, 2025) · Austin inspection
Estimated business value: $198,287 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
CHEERS SHOT BAR in Austin posts mid‑range revenue for 2026 peers

CHEERS SHOT BAR, located at 416 E 6th St in Austin, reported an average monthly revenue of $26,448 for the past year. This performance positions the bar around the mid‑range of typical Austin‑area Texas bars that filed in 2026. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$115K
2.25× EBITDA
Mid (14% margin)Likely
$198K
3.0× EBITDA
High (32% margin)
$409K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $291,983, 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

CHEERS SHOT BAR is a Mixed Beverage located in AUSTIN, Texas. In September 2026, it reported $15,336 in total mixed beverage sales. Its average monthly sales over the last 9 months were $32,443. Its highest-grossing month in that period was April 2026 with $54,490 in sales. Sales have increased by 15% compared to earlier in the period. Its sales mix is approximately 79% liquor, 21% beer, and 0% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 78701 performance

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Location

416 E 6TH ST
AUSTIN, TX 78701
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License

Permit typeMixed Beverage
NumberMB238578
Status ● Active
First filing2007-02-28
Renewed2025-06-18
In business since 1993
Expires2027-06-28
Footprint 2,500 sf · free-standing building
Health score 85 · Austin inspection · May 29, 2025 →
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers Afshin Mohammadzadeh Director
Cyroos Mohammadzadeh President
Sibling entities
9 other venues share an officer
Augustine · Austin
via Afshin Mohammadzadeh (Director)
Friends · Austin
via Afshin Mohammadzadeh (Secretary)
Lucille · Austin
via Afshin Mohammadzadeh (Vice Presi)
Bigbang · Austin
via Cyroos Mohammadzadeh (Secretary)
Majestic · Austin
via Afshin Mohammadzadeh (Director)
Augustine · Austin
via Afshin Mohammadzadeh (Director)
Lucille · Austin
via Afshin Mohammadzadeh (Vice Presi)
Eternal Nite Club · Austin
via Cyroos Mohammadzadeh (President)
Friends · Austin
via Afshin Mohammadzadeh (Secretary)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 3 months with $0 reported (avg baseline $27,665/mo)
Sales-tax cross-check
Sales-tax filings $276,647 vs gross $276,647 over 8 overlapping months — filings match (gap 0.0%).
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Texas state & county records

Public records
No state or county cases — and no tax liens on record
Public records, last checked 2026-10-17 06:34

Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-09-11

Peer comparison

Austin
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Location · CHEERS SHOT BAR

416 E 6TH ST, AUSTIN, TX 78701

Heatmap · ZIP 78701

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

ZIP 78701 rankings

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