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Financials

MB200110357
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Remedy Austin

360 NUECES ST STE 30, Austin, TX 78701 · TABC MB200110357

Mixed Beverage Austin Market Enriched 2026-06-18
$874,422 Annual gross (L12M) ▼ 11.6% latest MoM Click for monthly detail
$72,868 Avg monthly ▲ 5.4% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $174,137/yr est. net Click for cost model
$437k–$609k Est. acquisition range 0.60× 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $920,444 – $1,028,732/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Remedy Austin is a mixed-beverage licensed establishment at 360 NUECES ST STE 30, Austin, Texas (TABC MB200110357). Over the most recent 12 months it reported $874,422 in gross alcohol sales, averaging $72,868/month with a best month of $87,654. Sales mix: ~69% liquor · 21% beer · 10% wine. The building at this address is owned by GENERAL SERVICES COMMISSION OF (177,055 sqft, $49,575,500 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $174,137 (~20% margin). Acquisition value is estimated at $437k–$609k 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
$874,422
Avg monthly
$72,868
Best month
$87,654
Oct 2025
Sales mix
69% Liq
21% Beer · 10% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194180
Property owner (landlord)GENERAL SERVICES COMMISSION OF
Total building SF whole parcel — Remedy Austin is in STE 30177,055
Remedy Austin's footprint estimated — suite-level not on file 3,500 sf
Assessed value$49,575,500

Remedy Austin's share

Est. base rent ~$39/sqft/yr · 3,500 sqft · Class A $11,433/mo
NNN CAM / insurance$1,715/mo
NNN property tax$1,633/mo
Personal property tax est — no BPP record $146/mo
Total occupancy $14,927/mo

Occupancy analysis

All-in occupancy cost is 20.5% 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 $874,422 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$874,422
COGS (24%)−$209,861
Labor (14%)−$122,419
Occupancy−$161,216
TX MB gross tax (6.7%)−$58,586
Utilities / ins / mktg (8%)−$69,954
Card surcharge net+$9,619
Net profit $262,004
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$874,422
COGS (27%)−$236,094
Labor (17%)−$148,652
Occupancy−$179,129
TX MB gross tax (6.7%)−$58,586
Utilities / ins / mktg (10%)−$87,442
Card surcharge net+$9,619
Net profit $174,137
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$874,422
COGS (30%)−$262,327
Labor (22%)−$192,373
Occupancy−$197,042
TX MB gross tax (6.7%)−$58,586
Utilities / ins / mktg (12%)−$104,931
Card surcharge net+$9,619
Net profit $68,782
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 360 Partners Atx LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $174,137/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 (~$174,137 net) estimated

Revenue multiple
$437k–$700k
0.5–0.8× gross
SDE multiple
$435k–$609k
2.5–3.5× earnings
Cap rate
$528k–$697k
25–33%
Suggested range
$437k–$609k
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 2026-06-15

Lookup pending — check back tomorrow

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