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Financials

MB200166676
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The Usual

11101 BURNET RD UNIT 120, Austin, TX 78758 · TABC MB200166676

Mixed Beverage Austin Market Enriched 2026-07-12
$321,684 Annual gross (L12M) ▲ 14.5% latest MoM Click for monthly detail
$35,743 Avg monthly ▲ 30.9% latest vs avg Click for monthly detail
~-392% Est. net margin (likely) $-1,262,090/yr est. net Click for cost model
$161k–$-4,417k Est. acquisition range -6.62× 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): $321,684 – $357,427/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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The Usual is a mixed-beverage licensed establishment at 11101 BURNET RD UNIT 120, Austin, Texas (TABC MB200166676). Over the most recent 12 months it reported $321,684 in gross alcohol sales, averaging $35,743/month with a best month of $66,875. Sales mix: ~68% liquor · 32% beer · 0% wine. The building at this address is owned by KRAMER PLAZA LIMITED PARTNERSHIP (2,500 sqft, $8,134,799 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-1,262,090 (~-392% margin). Acquisition value is estimated at $161k–$-4,417k 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
$321,684
Avg monthly
$35,743
Best month
$66,875
Mar 2026
Sales mix
68% Liq
32% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID548004
Property owner (landlord)KRAMER PLAZA LIMITED PARTNERSHIP
Total building SF whole parcel — The Usual is in UNIT 1202,500
The Usual's footprint estimated — suite-level not on file 2,500 sf
Assessed value$8,134,799

The Usual's share

Est. base rent ~$456/sqft/yr · 2,500 sqft · Class A $94,906/mo
NNN CAM / insurance$14,236/mo
NNN property tax$6,779/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $116,004/mo

Occupancy analysis

All-in occupancy cost is 432.7% 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 $321,684 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-341%
Revenue$321,684
COGS (24%)−$77,204
Labor (14%)−$45,036
Occupancy−$1,252,846
TX MB gross tax (6.7%)−$21,553
Utilities / ins / mktg (8%)−$25,735
Card surcharge net+$3,539
Net profit $-1,097,151
Most Likely
Typical bar, light food program, full two-shift staffing
~-392%
Revenue$321,684
COGS (27%)−$86,855
Labor (17%)−$54,686
Occupancy−$1,392,051
TX MB gross tax (6.7%)−$21,553
Utilities / ins / mktg (10%)−$32,168
Card surcharge net+$3,539
Net profit $-1,262,090
Stressed
Heavy food, larger crew, higher rent
~-446%
Revenue$321,684
COGS (30%)−$96,505
Labor (22%)−$70,770
Occupancy−$1,531,256
TX MB gross tax (6.7%)−$21,553
Utilities / ins / mktg (12%)−$38,602
Card surcharge net+$3,539
Net profit $-1,433,464
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 Social Billionaires LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-1,262,090/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 (~$-1,262,090 net) estimated

Revenue multiple
$161k–$257k
0.5–0.8× gross
SDE multiple
$-3,155k–$-4,417k
2.5–3.5× earnings
Cap rate
$-3,825k–$-5,048k
25–33%
Suggested range
$161k–$-4,417k
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 2026-08-19

No federal lawsuits — past or pending