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MB105718643
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The Get Set

10000 LOGISTICS LN, Austin, TX 78719 · TABC MB105718643

Mixed Beverage Austin Market Enriched 2026-07-11
$588,674 Annual gross (L12M) Click for monthly detail
$58,867 Avg monthly ▼ 100.0% latest vs avg Click for monthly detail
~-3823% Est. net margin (likely) $-22,502,242/yr est. net Click for cost model
$294k–$-78,758k Est. acquisition range -66.64× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $619,657 – $692,558/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

The Get Set is a mixed-beverage licensed establishment at 10000 LOGISTICS LN, Austin, Texas (TABC MB105718643). Over the most recent 12 months it reported $588,674 in gross alcohol sales, averaging $58,867/month with a best month of $150,274. Sales mix: ~59% liquor · 37% beer · 4% wine. The building at this address is owned by CITY OF AUSTIN (2,500 sqft, $96,596,811 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-22,502,242 (~-3823% margin). Acquisition value is estimated at $294k–$-78,758k 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
$588,674
Avg monthly
$58,867
Best month
$150,274
Sep 2025
Sales mix
59% Liq
37% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID292254
Property owner (landlord)CITY OF AUSTIN
Total building SF2,500
Assessed value$96,596,811

The Get Set's share

Est. base rent ~$5409/sqft/yr · 3,500 sqft · Class A $1,577,748/mo
NNN CAM / insurance$236,662/mo
NNN property tax$80,497/mo
Personal property tax est — no BPP record $98/mo
Total occupancy $1,895,006/mo

Occupancy analysis

All-in occupancy cost is 3862.9% 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 $588,674 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-3428%
Revenue$588,674
COGS (24%)−$141,282
Labor (14%)−$82,414
Occupancy−$20,466,060
TX MB gross tax (6.7%)−$39,441
Utilities / ins / mktg (8%)−$47,094
Card surcharge net+$6,475
Net profit $-20,181,142
Most Likely
Typical bar, light food program, full two-shift staffing
~-3823%
Revenue$588,674
COGS (27%)−$158,942
Labor (17%)−$100,075
Occupancy−$22,740,067
TX MB gross tax (6.7%)−$39,441
Utilities / ins / mktg (10%)−$58,867
Card surcharge net+$6,475
Net profit $-22,502,242
Stressed
Heavy food, larger crew, higher rent
~-4219%
Revenue$588,674
COGS (30%)−$176,602
Labor (22%)−$129,508
Occupancy−$25,014,073
TX MB gross tax (6.7%)−$39,441
Utilities / ins / mktg (12%)−$70,641
Card surcharge net+$6,475
Net profit $-24,835,116
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 Happy Goods INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-22,502,242/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 (~$-22,502,242 net) estimated

Revenue multiple
$294k–$471k
0.5–0.8× gross
SDE multiple
$-56,256k–$-78,758k
2.5–3.5× earnings
Cap rate
$-68,189k–$-90,009k
25–33%
Suggested range
$294k–$-78,758k
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 2026-05-29

Lookup pending — check back tomorrow

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