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MB529991
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The Palazio

501 E BEN WHITE BLVD, Austin, TX 78704 · TABC MB529991

Mixed Beverage Austin Market Enriched 2026-05-24
$2,588,268 Annual gross (L12M) ▲ 8.4% latest MoM Click for monthly detail
$215,689 Avg monthly ▲ 3.7% latest vs avg Click for monthly detail
~26% Est. net margin (likely) $666,121/yr est. net Click for cost model
$1,665k–$2,331k Est. acquisition range 0.77× 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 Adult Entertainment, liquor is typically only 80–95% of total business revenue. Liquor + cover; little food. Estimated total revenue (rough): $2,724,493 – $3,235,335/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 Palazio is a mixed-beverage licensed establishment at 501 E BEN WHITE BLVD, Austin, Texas (TABC MB529991). Over the most recent 12 months it reported $2,588,268 in gross alcohol sales, averaging $215,689/month with a best month of $278,064. Sales mix: ~59% liquor · 14% beer · 27% wine. The building at this address is owned by MCCALL C D (13,010 sqft, $3,642,912 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $666,121 (~26% margin). Acquisition value is estimated at $1,665k–$2,331k 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
$2,588,268
Avg monthly
$215,689
Best month
$278,064
Oct 2025
Sales mix
59% Liq
14% Beer · 27% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID315603
Property owner (landlord)MCCALL C D
Total building SF13,010
Assessed value$3,642,912

The Palazio's share

Est. base rent ~$39/sqft/yr · 7,500 sqft · Class A $24,501/mo
NNN CAM / insurance$3,675/mo
NNN property tax$3,036/mo
Personal property tax est — no BPP record $417/mo
Total occupancy $31,628/mo

Occupancy analysis

All-in occupancy cost is 14.7% 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 $2,588,268 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$2,588,268
COGS (24%)−$621,184
Labor (14%)−$362,358
Occupancy−$341,586
TX MB gross tax (6.7%)−$173,414
Utilities / ins / mktg (8%)−$207,061
Card surcharge net+$28,471
Net profit $911,136
Most Likely
Typical bar, light food program, full two-shift staffing
~26%
Revenue$2,588,268
COGS (27%)−$698,832
Labor (17%)−$440,006
Occupancy−$379,540
TX MB gross tax (6.7%)−$173,414
Utilities / ins / mktg (10%)−$258,827
Card surcharge net+$28,471
Net profit $666,121
Stressed
Heavy food, larger crew, higher rent
~14%
Revenue$2,588,268
COGS (30%)−$776,480
Labor (22%)−$569,419
Occupancy−$417,493
TX MB gross tax (6.7%)−$173,414
Utilities / ins / mktg (12%)−$310,592
Card surcharge net+$28,471
Net profit $369,340
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 Benelux Corporation looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $666,121/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 (~$666,121 net) estimated

Revenue multiple
$1.29M–$2.07M
0.5–0.8× gross
SDE multiple
$1.67M–$2.33M
2.5–3.5× earnings
Cap rate
$2.02M–$2.66M
25–33%
Suggested range
$1,665k–$2,331k
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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