401 W 3RD ST STE 100, Austin, TX 78701 · TABC MB200176093
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Restaurant Francois is a mixed-beverage licensed establishment at 401 W 3RD ST STE 100, Austin, Texas (TABC MB200176093). Over the most recent 12 months it reported $956,579 in gross alcohol sales, averaging $159,430/month with a best month of $206,249. Sales mix: ~37% liquor · 1% beer · 63% wine. The building at this address is owned by LO/PPC OP GUADALUPE LLC (LESSEE) (905,325 sqft, $260,476,298 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $202,277 (~21% margin). Acquisition value is estimated at $506k–$708k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Restaurant Francois's share
All-in occupancy cost is 19.3% 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.
Texas bar cost model applied to $956,579 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$202,277 net) estimated
We estimate this restaurant / bar pulls $2,125,731–$3,826,316/yr in total revenue (your liquor portion of $956,579 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).
Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.
Public records · last checked 2026-06-19
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