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Financials

MB828341
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413 Bar / Burnside's Tavern

413 E 6TH ST, Austin, TX 78701 · TABC MB828341

Mixed Beverage Austin Market Enriched 2026-05-24
$1,779,101 Annual gross (L12M) ▼ 3.5% latest MoM Click for monthly detail
$148,258 Avg monthly ▼ 15.7% latest vs avg Click for monthly detail
~23% Est. net margin (likely) $412,575/yr est. net Click for cost model
$1,031k–$1,444k Est. acquisition range 0.70× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $1,779,101 – $1,976,779/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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413 Bar / Burnside's Tavern is a mixed-beverage licensed establishment at 413 E 6TH ST, Austin, Texas (TABC MB828341). Over the most recent 12 months it reported $1,779,101 in gross alcohol sales, averaging $148,258/month with a best month of $189,243. Sales mix: ~78% liquor · 22% beer · 0% wine. The building at this address is owned by 412 E 6TH ST LLC & WILLIAM E SIMS (2,500 sqft, $911,518 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $412,575 (~23% margin). Acquisition value is estimated at $1,031k–$1,444k 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.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$1,779,101
Avg monthly
$148,258
Best month
$189,243
Aug 2025
Sales mix
78% Liq
22% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194538
Property owner (landlord)412 E 6TH ST LLC & WILLIAM E SIMS
Total building SF2,500
Assessed value$911,518

413 Bar / Burnside's Tavern's share

Est. base rent ~$51/sqft/yr · 5,000 sqft · Class A $21,269/mo
NNN CAM / insurance$3,190/mo
NNN property tax$760/mo
Personal property tax est — no BPP record $297/mo
Total occupancy $25,515/mo

Occupancy analysis

All-in occupancy cost is 17.2% 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.

Profit scenarios

Texas bar cost model applied to $1,779,101 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~33%
Revenue$1,779,101
COGS (24%)−$426,984
Labor (14%)−$249,074
Occupancy−$275,564
TX MB gross tax (6.7%)−$119,200
Utilities / ins / mktg (8%)−$142,328
Card surcharge net+$19,570
Net profit $585,521
Most Likely
Typical bar, light food program, full two-shift staffing
~23%
Revenue$1,779,101
COGS (27%)−$480,357
Labor (17%)−$302,447
Occupancy−$306,182
TX MB gross tax (6.7%)−$119,200
Utilities / ins / mktg (10%)−$177,910
Card surcharge net+$19,570
Net profit $412,575
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,779,101
COGS (30%)−$533,730
Labor (22%)−$391,402
Occupancy−$336,800
TX MB gross tax (6.7%)−$119,200
Utilities / ins / mktg (12%)−$213,492
Card surcharge net+$19,570
Net profit $204,046
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee 413 Bar Incorporated looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $412,575/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$412,575 net) estimated

Revenue multiple
$890k–$1.42M
0.5–0.8× gross
SDE multiple
$1.03M–$1.44M
2.5–3.5× earnings
Cap rate
$1.25M–$1.65M
25–33%
Suggested range
$1,031k–$1,444k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.

Federal court history

Public records · last checked 2026-06-04

Lookup pending — check back tomorrow

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