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MB200044539
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Hotel Ella Goodall's Kitchen &

1900 RIO GRANDE ST STE B, Austin, TX 78705 · TABC MB200044539

Mixed Beverage Austin Market Enriched 2026-07-11
$699,246 Annual gross (L12M) ▲ 0.5% latest MoM Click for monthly detail
$58,270 Avg monthly ▲ 21.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $156,631/yr est. net Click for cost model
$392k–$548k 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 Hotel Bar, liquor is typically only 70–90% of total business revenue. Mostly liquor program. Estimated total revenue (rough): $776,940 – $998,923/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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Hotel Ella Goodall's Kitchen & is a mixed-beverage licensed establishment at 1900 RIO GRANDE ST STE B, Austin, Texas (TABC MB200044539). Over the most recent 12 months it reported $699,246 in gross alcohol sales, averaging $58,270/month with a best month of $89,904. Sales mix: ~77% liquor · 9% beer · 14% wine. The building at this address is owned by 1900 RIO GRANDE STREET TIC I LLC (28,136 sqft, $11,900,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $156,631 (~22% margin). Acquisition value is estimated at $392k–$548k 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
$699,246
Avg monthly
$58,270
Best month
$89,904
Nov 2025
Sales mix
77% Liq
9% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID203759
Property owner (landlord)1900 RIO GRANDE STREET TIC I LLC
Total building SF whole parcel — Hotel Ella Goodall's Kitchen & is in STE B28,136
Hotel Ella Goodall's Kitchen &'s footprint estimated — suite-level not on file 3,500 sf
Assessed value$11,900,000

Hotel Ella Goodall's Kitchen &'s share

Est. base rent ~$24/sqft/yr · 3,500 sqft · Class A $6,874/mo
NNN CAM / insurance$1,031/mo
NNN property tax$2,467/mo
Personal property tax est — no BPP record $117/mo
Total occupancy $10,489/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 $699,246 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$699,246
COGS (24%)−$167,819
Labor (14%)−$97,894
Occupancy−$113,278
TX MB gross tax (6.7%)−$46,849
Utilities / ins / mktg (8%)−$55,940
Card surcharge net+$7,692
Net profit $225,157
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$699,246
COGS (27%)−$188,796
Labor (17%)−$118,872
Occupancy−$125,864
TX MB gross tax (6.7%)−$46,849
Utilities / ins / mktg (10%)−$69,925
Card surcharge net+$7,692
Net profit $156,631
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$699,246
COGS (30%)−$209,774
Labor (22%)−$153,834
Occupancy−$138,451
TX MB gross tax (6.7%)−$46,849
Utilities / ins / mktg (12%)−$83,910
Card surcharge net+$7,692
Net profit $74,120
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 1900 Rio Grande Street Beverages LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $156,631/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 (~$156,631 net) estimated

Revenue multiple
$350k–$559k
0.5–0.8× gross
SDE multiple
$392k–$548k
2.5–3.5× earnings
Cap rate
$475k–$627k
25–33%
Suggested range
$392k–$548k
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 2026-07-08

Lookup pending — check back tomorrow

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