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Financials

MB217888
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Catering By Rosemary INC

2110 SAN JACINTO BLVD, Austin, TX 78712 · TABC MB217888

Mixed Beverage Austin Market Enriched 2026-06-15
$1,273,444 Annual gross (L12M) ▼ 34.1% latest MoM Click for monthly detail
$106,120 Avg monthly ▼ 15.8% latest vs avg Click for monthly detail
~20% Est. net margin (likely) $258,524/yr est. net Click for cost model
$646k–$905k Est. acquisition range 0.61× 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): $1,340,467 – $1,498,169/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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Catering By Rosemary INC is a mixed-beverage licensed establishment at 2110 SAN JACINTO BLVD, Austin, Texas (TABC MB217888). Over the most recent 12 months it reported $1,273,444 in gross alcohol sales, averaging $106,120/month with a best month of $395,631. Sales mix: ~45% liquor · 27% beer · 28% wine. The building at this address is owned by UNIVERSITY OF TEXAS (1,746,338 sqft, $488,974,871 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $258,524 (~20% margin). Acquisition value is estimated at $646k–$905k 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
$1,273,444
Avg monthly
$106,120
Best month
$395,631
Oct 2025
Sales mix
45% Liq
27% Beer · 28% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID202088
Property owner (landlord)UNIVERSITY OF TEXAS
Total building SF1,746,338
Assessed value$488,974,871

Catering By Rosemary INC's share

Est. base rent ~$39/sqft/yr · 5,000 sqft · Class A $16,333/mo
NNN CAM / insurance$2,450/mo
NNN property tax$2,333/mo
Personal property tax est — no BPP record $212/mo
Total occupancy $21,329/mo

Occupancy analysis

All-in occupancy cost is 20.1% 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 $1,273,444 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~30%
Revenue$1,273,444
COGS (24%)−$305,627
Labor (14%)−$178,282
Occupancy−$230,352
TX MB gross tax (6.7%)−$85,321
Utilities / ins / mktg (8%)−$101,876
Card surcharge net+$14,008
Net profit $385,995
Most Likely
Typical bar, light food program, full two-shift staffing
~20%
Revenue$1,273,444
COGS (27%)−$343,830
Labor (17%)−$216,485
Occupancy−$255,947
TX MB gross tax (6.7%)−$85,321
Utilities / ins / mktg (10%)−$127,344
Card surcharge net+$14,008
Net profit $258,524
Stressed
Heavy food, larger crew, higher rent
~8%
Revenue$1,273,444
COGS (30%)−$382,033
Labor (22%)−$280,158
Occupancy−$281,542
TX MB gross tax (6.7%)−$85,321
Utilities / ins / mktg (12%)−$152,813
Card surcharge net+$14,008
Net profit $105,585
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 Catering By Rosemary INC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $258,524/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 (~$258,524 net) estimated

Revenue multiple
$637k–$1.02M
0.5–0.8× gross
SDE multiple
$646k–$905k
2.5–3.5× earnings
Cap rate
$783k–$1.03M
25–33%
Suggested range
$646k–$905k
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 2026-05-28

Lookup pending — check back tomorrow

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