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Financials

MB573281
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The Mohawk

912 RED RIVER ST, Austin, TX 78701 · TABC MB573281

Mixed Beverage Austin Market Enriched 2026-06-15
$1,107,856 Annual gross (L12M) ▼ 46.3% latest MoM Click for monthly detail
$92,321 Avg monthly ▼ 10.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $248,160/yr est. net Click for cost model
$620k–$869k 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): $1,384,820 – $1,846,427/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 Mohawk is a mixed-beverage licensed establishment at 912 RED RIVER ST, Austin, Texas (TABC MB573281). Over the most recent 12 months it reported $1,107,856 in gross alcohol sales, averaging $92,321/month with a best month of $153,672. Sales mix: ~54% liquor · 46% beer · 0% wine. The building at this address is owned by 912 RED RIVER HOLDINGS LLC (2,500 sqft, $3,132,746 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $248,160 (~22% margin). Acquisition value is estimated at $620k–$869k 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
$1,107,856
Avg monthly
$92,321
Best month
$153,672
Mar 2026
Sales mix
54% Liq
46% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194615
Property owner (landlord)912 RED RIVER HOLDINGS LLC
Total building SF2,500
Assessed value$3,132,746

The Mohawk's share

Est. base rent ~$29/sqft/yr · 5,000 sqft · Class A $12,020/mo
NNN CAM / insurance$1,803/mo
NNN property tax$2,611/mo
Personal property tax est — no BPP record $185/mo
Total occupancy $16,618/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 $1,107,856 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,107,856
COGS (24%)−$265,885
Labor (14%)−$155,100
Occupancy−$179,473
TX MB gross tax (6.7%)−$74,226
Utilities / ins / mktg (8%)−$88,628
Card surcharge net+$12,186
Net profit $356,730
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,107,856
COGS (27%)−$299,121
Labor (17%)−$188,336
Occupancy−$199,414
TX MB gross tax (6.7%)−$74,226
Utilities / ins / mktg (10%)−$110,786
Card surcharge net+$12,186
Net profit $248,160
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,107,856
COGS (30%)−$332,357
Labor (22%)−$243,728
Occupancy−$219,355
TX MB gross tax (6.7%)−$74,226
Utilities / ins / mktg (12%)−$132,943
Card surcharge net+$12,186
Net profit $117,433
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 Loaded Dice L.L.C looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $248,160/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 (~$248,160 net) estimated

Revenue multiple
$554k–$886k
0.5–0.8× gross
SDE multiple
$620k–$869k
2.5–3.5× earnings
Cap rate
$752k–$993k
25–33%
Suggested range
$620k–$869k
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 2026-06-17

Lookup pending — check back tomorrow

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