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Financials

MB168109
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Maggie Mae's

323 E 6TH ST, Austin, TX 78701 · TABC MB168109

Mixed Beverage Austin Market Enriched 2026-07-10
$495,342 Annual gross (L12M) ▼ 35.5% latest MoM Click for monthly detail
$41,278 Avg monthly ▲ 10.9% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $110,957/yr est. net Click for cost model
$277k–$388k Est. acquisition range 0.67× 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $619,178 – $825,570/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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Maggie Mae's is a mixed-beverage licensed establishment at 323 E 6TH ST, Austin, Texas (TABC MB168109). Over the most recent 12 months it reported $495,342 in gross alcohol sales, averaging $41,278/month with a best month of $70,943. Sales mix: ~67% liquor · 32% beer · 1% wine. The building at this address is owned by 323 E 6TH ST LLC (2,500 sqft, $740,124 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $110,957 (~22% margin). Acquisition value is estimated at $277k–$388k 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
$495,342
Avg monthly
$41,278
Best month
$70,943
Apr 2026
Sales mix
67% Liq
32% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194496
Property owner (landlord)323 E 6TH ST LLC
Total building SF2,500
Assessed value$740,124

Maggie Mae's's share

Est. base rent ~$28/sqft/yr · 2,500 sqft · Class A $5,852/mo
NNN CAM / insurance$878/mo
NNN property tax$617/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $7,430/mo

Occupancy analysis

All-in occupancy cost is 18.0% 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 $495,342 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$495,342
COGS (24%)−$118,882
Labor (14%)−$69,348
Occupancy−$80,245
TX MB gross tax (6.7%)−$33,188
Utilities / ins / mktg (8%)−$39,627
Card surcharge net+$5,449
Net profit $159,500
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$495,342
COGS (27%)−$133,742
Labor (17%)−$84,208
Occupancy−$89,162
TX MB gross tax (6.7%)−$33,188
Utilities / ins / mktg (10%)−$49,534
Card surcharge net+$5,449
Net profit $110,957
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$495,342
COGS (30%)−$148,603
Labor (22%)−$108,975
Occupancy−$98,078
TX MB gross tax (6.7%)−$33,188
Utilities / ins / mktg (12%)−$59,441
Card surcharge net+$5,449
Net profit $52,506
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 Maggie Mae's - A British Pub INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $110,957/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 (~$110,957 net) estimated

Revenue multiple
$248k–$396k
0.5–0.8× gross
SDE multiple
$277k–$388k
2.5–3.5× earnings
Cap rate
$336k–$444k
25–33%
Suggested range
$277k–$388k
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 2026-09-25

No federal lawsuits — past or pending