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Financials

MB200157376
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Bungalow

83 RAINEY ST, Austin, TX 78701 · TABC MB200157376

Mixed Beverage Austin Market Enriched 2026-05-19
$1,454,145 Annual gross (L12M) ▼ 5.7% latest MoM Click for monthly detail
$121,179 Avg monthly ▲ 54.1% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $325,728/yr est. net Click for cost model
$814k–$1,140k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $1,530,679 – $1,710,759/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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Bungalow is a mixed-beverage licensed establishment at 83 RAINEY ST, Austin, Texas (TABC MB200157376). Over the most recent 12 months it reported $1,454,145 in gross alcohol sales, averaging $121,179/month with a best month of $232,076. Sales mix: ~74% liquor · 25% beer · 1% wine. The building at this address is owned by NUECES STREET CAPITAL LLC (2,500 sqft, $2,688,001 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $325,728 (~22% margin). Acquisition value is estimated at $814k–$1,140k 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
$1,454,145
Avg monthly
$121,179
Best month
$232,076
Apr 2025
Sales mix
74% Liq
25% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID190892
Property owner (landlord)NUECES STREET CAPITAL LLC
Total building SF2,500
Assessed value$2,688,001

Bungalow's share

Est. base rent ~$40/sqft/yr · 5,000 sqft · Class A $16,809/mo
NNN CAM / insurance$2,521/mo
NNN property tax$2,240/mo
Personal property tax est — no BPP record $242/mo
Total occupancy $21,812/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 $1,454,145 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,454,145
COGS (24%)−$348,995
Labor (14%)−$203,580
Occupancy−$235,571
TX MB gross tax (6.7%)−$97,428
Utilities / ins / mktg (8%)−$116,332
Card surcharge net+$15,996
Net profit $468,235
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,454,145
COGS (27%)−$392,619
Labor (17%)−$247,205
Occupancy−$261,746
TX MB gross tax (6.7%)−$97,428
Utilities / ins / mktg (10%)−$145,414
Card surcharge net+$15,996
Net profit $325,728
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,454,145
COGS (30%)−$436,244
Labor (22%)−$319,912
Occupancy−$287,921
TX MB gross tax (6.7%)−$97,428
Utilities / ins / mktg (12%)−$174,497
Card surcharge net+$15,996
Net profit $154,139
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 83 Rainey Group LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $325,728/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 (~$325,728 net) estimated

Revenue multiple
$727k–$1.16M
0.5–0.8× gross
SDE multiple
$814k–$1.14M
2.5–3.5× earnings
Cap rate
$987k–$1.30M
25–33%
Suggested range
$814k–$1,140k
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 2026-06-11

No federal lawsuits — past or pending