← Reina /

Financials

MB200102397
Dashboard › Reina › Financial Intelligence

Reina

309 E 3RD ST, Austin, TX 78701 · TABC MB200102397

Mixed Beverage Austin Market Enriched 2026-07-11
$705,630 Annual gross (L12M) ▲ 13.0% latest MoM Click for monthly detail
$58,802 Avg monthly ▼ 23.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $158,061/yr est. net Click for cost model
$395k–$553k 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): $705,630 – $784,033/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Reina My bars

Executive Summary

Click to expand full narrative

Reina is a mixed-beverage licensed establishment at 309 E 3RD ST, Austin, Texas (TABC MB200102397). Over the most recent 12 months it reported $705,630 in gross alcohol sales, averaging $58,802/month with a best month of $72,373. Sales mix: ~86% liquor · 13% beer · 1% wine. The building at this address is owned by TRINITY WAY LLC (72,553 sqft, $20,315,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $158,061 (~22% margin). Acquisition value is estimated at $395k–$553k 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
$705,630
Avg monthly
$58,802
Best month
$72,373
Oct 2025
Sales mix
86% Liq
13% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID192865
Property owner (landlord)TRINITY WAY LLC
Total building SF72,553
Assessed value$20,315,000

Reina's share

Est. base rent ~$26/sqft/yr · 3,500 sqft · Class A $7,681/mo
NNN CAM / insurance$1,152/mo
NNN property tax$1,633/mo
Personal property tax est — no BPP record $118/mo
Total occupancy $10,584/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 $705,630 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$705,630
COGS (24%)−$169,351
Labor (14%)−$98,788
Occupancy−$114,312
TX MB gross tax (6.7%)−$47,277
Utilities / ins / mktg (8%)−$56,450
Card surcharge net+$7,762
Net profit $227,213
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$705,630
COGS (27%)−$190,520
Labor (17%)−$119,957
Occupancy−$127,013
TX MB gross tax (6.7%)−$47,277
Utilities / ins / mktg (10%)−$70,563
Card surcharge net+$7,762
Net profit $158,061
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$705,630
COGS (30%)−$211,689
Labor (22%)−$155,239
Occupancy−$139,715
TX MB gross tax (6.7%)−$47,277
Utilities / ins / mktg (12%)−$84,676
Card surcharge net+$7,762
Net profit $74,797
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 Golden Hour Group looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $158,061/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 (~$158,061 net) estimated

Revenue multiple
$353k–$565k
0.5–0.8× gross
SDE multiple
$395k–$553k
2.5–3.5× earnings
Cap rate
$479k–$632k
25–33%
Suggested range
$395k–$553k
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

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.