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Financials

MB200048021
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Hopfields

3110 GUADALUPE ST STE 400A, Austin, TX 78705 · TABC MB200048021

Mixed Beverage Austin Market Enriched 2026-06-19
$793,663 Annual gross (L12M) ▼ 1.8% latest MoM Click for monthly detail
$66,139 Avg monthly ▼ 0.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $177,781/yr est. net Click for cost model
$444k–$622k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $793,663 – $881,848/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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Hopfields is a mixed-beverage licensed establishment at 3110 GUADALUPE ST STE 400A, Austin, Texas (TABC MB200048021). Over the most recent 12 months it reported $793,663 in gross alcohol sales, averaging $66,139/month with a best month of $76,211. Sales mix: ~38% liquor · 25% beer · 37% wine. The building at this address is owned by HARBOURTOWNE ALLEN TRUST ETAL (5,419 sqft, $2,883,943 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $177,781 (~22% margin). Acquisition value is estimated at $444k–$622k 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
$793,663
Avg monthly
$66,139
Best month
$76,211
Dec 2025
Sales mix
38% Liq
25% Beer · 37% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID211172
Property owner (landlord)HARBOURTOWNE ALLEN TRUST ETAL
Total building SF whole parcel — Hopfields is in STE 400A5,419
Hopfields's footprint estimated — suite-level not on file 3,500 sf
Assessed value$2,883,943

Hopfields's share

Est. base rent ~$28/sqft/yr · 3,500 sqft · Class A $8,147/mo
NNN CAM / insurance$1,222/mo
NNN property tax$2,403/mo
Personal property tax est — no BPP record $132/mo
Total occupancy $11,905/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 $793,663 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$793,663
COGS (24%)−$190,479
Labor (14%)−$111,113
Occupancy−$128,573
TX MB gross tax (6.7%)−$53,175
Utilities / ins / mktg (8%)−$63,493
Card surcharge net+$8,730
Net profit $255,559
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$793,663
COGS (27%)−$214,289
Labor (17%)−$134,923
Occupancy−$142,859
TX MB gross tax (6.7%)−$53,175
Utilities / ins / mktg (10%)−$79,366
Card surcharge net+$8,730
Net profit $177,781
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$793,663
COGS (30%)−$238,099
Labor (22%)−$174,606
Occupancy−$157,145
TX MB gross tax (6.7%)−$53,175
Utilities / ins / mktg (12%)−$95,240
Card surcharge net+$8,730
Net profit $84,128
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 Cul Sec LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $177,781/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 (~$177,781 net) estimated

Revenue multiple
$397k–$635k
0.5–0.8× gross
SDE multiple
$444k–$622k
2.5–3.5× earnings
Cap rate
$539k–$711k
25–33%
Suggested range
$444k–$622k
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 2026-06-10

No federal lawsuits — past or pending