Jeffrey's Restaurant & Bar/Josephine House

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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $9,884,982 – $17,792,968/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

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Jeffrey's Restaurant & Bar/Josephine House is a mixed-beverage licensed establishment at 1202 W LYNN ST, Austin, Texas (TABC MB803986). Over the most recent 12 months it reported $4,448,242 in gross alcohol sales, averaging $370,687/month with a best month of $448,341. Sales mix: ~33% liquor · 1% beer · 66% wine. The building at this address is owned by SLEDD MELISSA LYNN RICE (5,000 sqft, $1,215,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $1,486,517 (~33% margin). Acquisition value is estimated at $3,716k–$4,448k 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

$4,448,242

Avg monthly

$370,687

Best month

$448,341

Apr 2026

Sales mix

33% Liq

1% Beer · 66% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID109114

Property owner (landlord)SLEDD MELISSA LYNN RICE

Total building SF5,000

Assessed value$1,215,000

Jeffrey's Restaurant & Bar/Josephine House's share

Est. base rent ~$34/sqft/yr · 7,500 sqft · Class A $21,263/mo

NNN CAM / insurance$3,189/mo

NNN property tax$1,012/mo

Personal property tax est — no BPP record $417/mo

Total occupancy $25,881/mo

Occupancy analysis

All-in occupancy cost is 7.0% 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 $4,448,242 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~42%

Revenue$4,448,242

COGS (24%)−$1,067,578

Labor (14%)−$622,754

Occupancy−$279,515

TX MB gross tax (6.7%)−$298,032

Utilities / ins / mktg (8%)−$355,859

Card surcharge net+$48,931

Net profit $1,873,434

Most Likely

Typical bar, light food program, full two-shift staffing

~33%

Revenue$4,448,242

COGS (27%)−$1,201,025

Labor (17%)−$756,201

Occupancy−$310,572

TX MB gross tax (6.7%)−$298,032

Utilities / ins / mktg (10%)−$444,824

Card surcharge net+$48,931

Net profit $1,486,517

Stressed

Heavy food, larger crew, higher rent

~23%

Revenue$4,448,242

COGS (30%)−$1,334,473

Labor (22%)−$978,613

Occupancy−$341,630

TX MB gross tax (6.7%)−$298,032

Utilities / ins / mktg (12%)−$533,789

Card surcharge net+$48,931

Net profit $1,010,636

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 2012 Jeffrey's LLC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $1,486,517/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 (~$1,486,517 net) estimated

Revenue multiple

$2.22M–$3.56M

0.5–0.8× gross

SDE multiple

$3.72M–$5.20M

2.5–3.5× earnings

Cap rate

$4.50M–$5.95M

25–33%

Suggested range

$3,716k–$4,448k

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.

Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $9,884,982–$17,792,968/yr in total revenue (your liquor portion of $4,448,242 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).

Estimated total revenue

$9,885k–$17,793k

food + liquor + service

Estimated net (10–15%)

$988k–$2,669k

restaurant margin

Full-business value

$2,718k–$9,786k

blended rev × SDE

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.

Federal court history

Public records · last checked 2026-05-25

Lookup pending — check back tomorrow

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Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

If you're buying the whole restaurant, not just the bar program

Federal court history