Since 2011

Driftwood Downtown

319 COLORADO ST, Austin, TX 78701 · Travis County
Latest receipts
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Trailing 12
$776K
…
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All-time peak
$259K
Mar 2012
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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
Apr 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: Driftwood Downtown
City: Austin, TX · Travis County
Address: 319 Colorado St, TX 78701
TABC permit number: MB770079
Permit type: BAR (Bar)
Owner / operator: Six Colorado Venture, LTD.
Trailing 12-month mixed beverage receipts: $776,003
Estimated business value: $386,835 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Driftwood Downtown posts $48.7K in latest month, below its 12‑month average in Austin.

In August 2026 the bar reported $48,659 in revenue, which is 26% lower than its 12‑month average of $65,534. Compared with typical Austin venues, this places Driftwood Downtown near the lower end of monthly sales but still within the active market range for downtown establishments.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$166K
2.25× EBITDA
Mid (14% margin)Likely
$387K
3.0× EBITDA
High (32% margin)
$946K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $776,003, 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

DRIFTWOOD DOWNTOWN is a Mixed Beverage located in AUSTIN, Texas. In September 2026, it reported $80,878 in total mixed beverage sales. Its average monthly sales over the last 12 months were $64,667. Its highest-grossing month in that period was October 2025 with $90,890 in sales. Sales have decreased by 32% compared to earlier in the period. Its sales mix is approximately 74% liquor, 16% beer, and 10% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78701 performance

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Location

319 COLORADO ST
AUSTIN, TX 78701
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License

Permit typeMixed Beverage
NumberMB770079
Status ● Active
First filing2011-04-30
Renewed2025-04-08
In business since 2011
Expires2027-03-14
Footprint 20,828 sf · free-standing building
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers Jac Entertainment, Llc General Pa

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $695,125 vs gross $695,125 over 11 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 2026-10-15 03:45

Federal court history

Public records
1 federal case
Most recent filing
Premium Sports Inc. v. Dinwoodie
TXWD · 2016-02-23 · CLOSED
Public records, last checked 2026-05-22

Peer comparison

Austin
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Location · DRIFTWOOD DOWNTOWN

319 COLORADO 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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