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The Cheesecake Factory Corporation

2901 S CAPITAL OF TEXAS HWY SPC G02B, Austin, TX 78746 · TABC MB916560

Mixed Beverage Austin Market Enriched 2026-06-18
$871,032 Annual gross (L12M) ▲ 31.8% latest MoM Click for monthly detail
$72,586 Avg monthly ▲ 24.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $195,111/yr est. net Click for cost model
$488k–$683k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $916,876 – $1,024,744/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 Cheesecake Factory Corporation is a mixed-beverage licensed establishment at 2901 S CAPITAL OF TEXAS HWY SPC G02B, Austin, Texas (TABC MB916560). Over the most recent 12 months it reported $871,032 in gross alcohol sales, averaging $72,586/month with a best month of $91,781. Sales mix: ~68% liquor · 13% beer · 19% wine. The building at this address is owned by SPS PORTFOLIO HOLDINGS II LLC (3,684 sqft, $7,900,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $195,111 (~22% margin). Acquisition value is estimated at $488k–$683k 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
$871,032
Avg monthly
$72,586
Best month
$91,781
Dec 2025
Sales mix
68% Liq
13% Beer · 19% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID104322
Property owner (landlord)SPS PORTFOLIO HOLDINGS II LLC
Total building SF3,684
Assessed value$7,900,000

The Cheesecake Factory Corporation's share

Est. base rent ~$19/sqft/yr · 3,500 sqft · Class A $5,510/mo
NNN CAM / insurance$827/mo
NNN property tax$6,583/mo
Personal property tax est — no BPP record $145/mo
Total occupancy $13,065/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 $871,032 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$871,032
COGS (24%)−$209,048
Labor (14%)−$121,944
Occupancy−$141,107
TX MB gross tax (6.7%)−$58,359
Utilities / ins / mktg (8%)−$69,683
Card surcharge net+$9,581
Net profit $280,472
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$871,032
COGS (27%)−$235,179
Labor (17%)−$148,075
Occupancy−$156,786
TX MB gross tax (6.7%)−$58,359
Utilities / ins / mktg (10%)−$87,103
Card surcharge net+$9,581
Net profit $195,111
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$871,032
COGS (30%)−$261,310
Labor (22%)−$191,627
Occupancy−$172,464
TX MB gross tax (6.7%)−$58,359
Utilities / ins / mktg (12%)−$104,524
Card surcharge net+$9,581
Net profit $92,329
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 The Houston Cheesecake Factory Corporation looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $195,111/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 (~$195,111 net) estimated

Revenue multiple
$436k–$697k
0.5–0.8× gross
SDE multiple
$488k–$683k
2.5–3.5× earnings
Cap rate
$591k–$780k
25–33%
Suggested range
$488k–$683k
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

1 case on file · public records

1 federal case
1 ADA
1 civil rights
Most recent filing
Guillermo Robles v. The Cheesecake Factory Inc.
CACD · 2016-10-03 · CLOSED
Public records, last checked 2026-05-22