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Financials

MB460027
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Blind Pig Pub / Pig Pen

317 E 6TH ST, Austin, TX 78701 · TABC MB460027

Mixed Beverage Austin Market Enriched 2026-05-24
$2,375,724 Annual gross (L12M) ▲ 37.0% latest MoM Click for monthly detail
$197,977 Avg monthly ▲ 50.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $532,162/yr est. net Click for cost model
$1,330k–$1,863k 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $2,969,655 – $3,959,540/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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Blind Pig Pub / Pig Pen is a mixed-beverage licensed establishment at 317 E 6TH ST, Austin, Texas (TABC MB460027). Over the most recent 12 months it reported $2,375,724 in gross alcohol sales, averaging $197,977/month with a best month of $351,241. Sales mix: ~61% liquor · 38% beer · 0% wine. The building at this address is owned by LEVIT NANCY TRUST (2,500 sqft, $1,224,212 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $532,162 (~22% margin). Acquisition value is estimated at $1,330k–$1,863k 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
$2,375,724
Avg monthly
$197,977
Best month
$351,241
Oct 2025
Sales mix
61% Liq
38% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194493
Property owner (landlord)LEVIT NANCY TRUST
Total building SF2,500
Assessed value$1,224,212

Blind Pig Pub / Pig Pen's share

Est. base rent ~$48/sqft/yr · 7,500 sqft · Class A $29,756/mo
NNN CAM / insurance$4,463/mo
NNN property tax$1,020/mo
Personal property tax est — no BPP record $396/mo
Total occupancy $35,636/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 $2,375,724 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$2,375,724
COGS (24%)−$570,174
Labor (14%)−$332,601
Occupancy−$384,867
TX MB gross tax (6.7%)−$159,174
Utilities / ins / mktg (8%)−$190,058
Card surcharge net+$26,133
Net profit $764,983
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$2,375,724
COGS (27%)−$641,445
Labor (17%)−$403,873
Occupancy−$427,630
TX MB gross tax (6.7%)−$159,174
Utilities / ins / mktg (10%)−$237,572
Card surcharge net+$26,133
Net profit $532,162
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$2,375,724
COGS (30%)−$712,717
Labor (22%)−$522,659
Occupancy−$470,393
TX MB gross tax (6.7%)−$159,174
Utilities / ins / mktg (12%)−$285,087
Card surcharge net+$26,133
Net profit $251,827
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 Blind Pig L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $532,162/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 (~$532,162 net) estimated

Revenue multiple
$1.19M–$1.90M
0.5–0.8× gross
SDE multiple
$1.33M–$1.86M
2.5–3.5× earnings
Cap rate
$1.61M–$2.13M
25–33%
Suggested range
$1,330k–$1,863k
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 2026-05-29

Lookup pending — check back tomorrow

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