301 E 5TH ST, Austin, TX 78701 · TABC MB791237
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Eddie V's #8501 is a mixed-beverage licensed establishment at 301 E 5TH ST, Austin, Texas (TABC MB791237). Over the most recent 12 months it reported $2,669,671 in gross alcohol sales, averaging $222,473/month with a best month of $296,441. Sales mix: ~48% liquor · 3% beer · 49% wine. The building at this address is owned by 301 E 5TH STREET LTD & (2,500 sqft, $9,627,966 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $598,006 (~22% margin). Acquisition value is estimated at $1,495k–$2,093k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Eddie V's #8501's share
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.
Texas bar cost model applied to $2,669,671 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$598,006 net) estimated
We estimate this restaurant / bar pulls $5,932,602–$10,678,684/yr in total revenue (your liquor portion of $2,669,671 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).
Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.
2 cases on file · public records
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