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Financials

MB769797
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The Volstead Lounge/Hotel Vegas

1500-1502 E 6TH ST STE A, Austin, TX 78702 · TABC MB769797

Mixed Beverage Austin Market Enriched 2026-05-24
$4,857,755 Annual gross (L12M) ▼ 53.2% latest MoM Click for monthly detail
$404,813 Avg monthly ▼ 18.5% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $1,470,660/yr est. net Click for cost model
$3,677k–$4,858k Est. acquisition range 0.88× 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 Music Venue, liquor is typically only 60–85% of total business revenue. Bar + ticket revenue. Estimated total revenue (rough): $5,715,006 – $8,096,258/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 Volstead Lounge/Hotel Vegas is a mixed-beverage licensed establishment at 1500-1502 E 6TH ST STE A, Austin, Texas (TABC MB769797). Over the most recent 12 months it reported $4,857,755 in gross alcohol sales, averaging $404,813/month with a best month of $704,446. Sales mix: ~72% liquor · 28% beer · 0% wine. The building at this address is owned by 1408 E 6TH ST LLC (5,987 sqft, $2,299,966 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,470,660 (~30% margin). Acquisition value is estimated at $3,677k–$4,858k 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
$4,857,755
Avg monthly
$404,813
Best month
$704,446
Mar 2026
Sales mix
72% Liq
28% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID193025
Property owner (landlord)1408 E 6TH ST LLC
Total building SF whole parcel — The Volstead Lounge/Hotel Vegas is in STE A5,987
The Volstead Lounge/Hotel Vegas's footprint estimated — suite-level not on file 7,500 sf
Assessed value$2,299,966

The Volstead Lounge/Hotel Vegas's share

Est. base rent ~$54/sqft/yr · 7,500 sqft · Class A $33,614/mo
NNN CAM / insurance$5,042/mo
NNN property tax$1,917/mo
Personal property tax est — no BPP record $417/mo
Total occupancy $40,989/mo

Occupancy analysis

All-in occupancy cost is 10.1% 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 $4,857,755 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$4,857,755
COGS (24%)−$1,165,861
Labor (14%)−$680,086
Occupancy−$442,686
TX MB gross tax (6.7%)−$325,470
Utilities / ins / mktg (8%)−$388,620
Card surcharge net+$53,435
Net profit $1,908,468
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$4,857,755
COGS (27%)−$1,311,594
Labor (17%)−$825,818
Occupancy−$491,873
TX MB gross tax (6.7%)−$325,470
Utilities / ins / mktg (10%)−$485,776
Card surcharge net+$53,435
Net profit $1,470,660
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$4,857,755
COGS (30%)−$1,457,326
Labor (22%)−$1,068,706
Occupancy−$541,060
TX MB gross tax (6.7%)−$325,470
Utilities / ins / mktg (12%)−$582,931
Card surcharge net+$53,435
Net profit $935,697
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 Three's Company LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $1,470,660/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 (~$1,470,660 net) estimated

Revenue multiple
$2.43M–$3.89M
0.5–0.8× gross
SDE multiple
$3.68M–$5.15M
2.5–3.5× earnings
Cap rate
$4.46M–$5.88M
25–33%
Suggested range
$3,677k–$4,858k
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 2026-05-25

Lookup pending — check back tomorrow

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