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MB200044091
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Bulevar

9400 ARBORETUM BLVD STE A, Austin, TX 78759 · TABC MB200044091

Mixed Beverage Austin Market Enriched 2026-05-24
$1,915,532 Annual gross (L12M) ▲ 0.6% latest MoM Click for monthly detail
$159,628 Avg monthly ▲ 0.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $429,079/yr est. net Click for cost model
$1,073k–$1,502k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $2,016,349 – $2,394,415/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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Bulevar is a mixed-beverage licensed establishment at 9400 ARBORETUM BLVD STE A, Austin, Texas (TABC MB200044091). Over the most recent 12 months it reported $1,915,532 in gross alcohol sales, averaging $159,628/month with a best month of $193,623. Sales mix: ~83% liquor · 4% beer · 13% wine. The building at this address is owned by GF-DAYCARE LTD (11,617 sqft, $6,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $429,079 (~22% margin). Acquisition value is estimated at $1,073k–$1,502k 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
$1,915,532
Avg monthly
$159,628
Best month
$193,623
May 2025
Sales mix
83% Liq
4% Beer · 13% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID153532
Property owner (landlord)GF-DAYCARE LTD
Total building SF whole parcel — Bulevar is in STE A11,617
Bulevar's footprint estimated — suite-level not on file 5,000 sf
Assessed value$6,000,000

Bulevar's share

Est. base rent ~$50/sqft/yr · 5,000 sqft · Class A $20,965/mo
NNN CAM / insurance$3,145/mo
NNN property tax$4,304/mo
Personal property tax est — no BPP record $319/mo
Total occupancy $28,733/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 $1,915,532 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,915,532
COGS (24%)−$459,728
Labor (14%)−$268,174
Occupancy−$310,316
TX MB gross tax (6.7%)−$128,341
Utilities / ins / mktg (8%)−$153,243
Card surcharge net+$21,071
Net profit $616,801
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,915,532
COGS (27%)−$517,194
Labor (17%)−$325,640
Occupancy−$344,796
TX MB gross tax (6.7%)−$128,341
Utilities / ins / mktg (10%)−$191,553
Card surcharge net+$21,071
Net profit $429,079
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,915,532
COGS (30%)−$574,660
Labor (22%)−$421,417
Occupancy−$379,275
TX MB gross tax (6.7%)−$128,341
Utilities / ins / mktg (12%)−$229,864
Card surcharge net+$21,071
Net profit $203,046
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 Bulevar Arboretum LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $429,079/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 (~$429,079 net) estimated

Revenue multiple
$958k–$1.53M
0.5–0.8× gross
SDE multiple
$1.07M–$1.50M
2.5–3.5× earnings
Cap rate
$1.30M–$1.72M
25–33%
Suggested range
$1,073k–$1,502k
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 2026-06-03

Lookup pending — check back tomorrow

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