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Financials

MB924073
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Wonder Bar

11500 ROCK ROSE STE D, Austin, TX 78758 · TABC MB924073

Mixed Beverage Austin Market Enriched 2026-05-24
$2,743,874 Annual gross (L12M) ▼ 22.2% latest MoM Click for monthly detail
$228,656 Avg monthly ▼ 12.7% latest vs avg Click for monthly detail
~26% Est. net margin (likely) $723,425/yr est. net Click for cost model
$1,809k–$2,532k Est. acquisition range 0.79× 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): $2,888,288 – $3,228,087/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Wonder Bar is a mixed-beverage licensed establishment at 11500 ROCK ROSE STE D, Austin, Texas (TABC MB924073). Over the most recent 12 months it reported $2,743,874 in gross alcohol sales, averaging $228,656/month with a best month of $281,937. Sales mix: ~88% liquor · 12% beer · 1% wine. The building at this address is owned by TR DOMAIN LLC (402,907 sqft, $112,814,015 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $723,425 (~26% margin). Acquisition value is estimated at $1,809k–$2,532k 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
$2,743,874
Avg monthly
$228,656
Best month
$281,937
Dec 2025
Sales mix
88% Liq
12% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID863311
Property owner (landlord)TR DOMAIN LLC
Total building SF whole parcel — Wonder Bar is in STE D402,907
Wonder Bar's footprint estimated — suite-level not on file 7,500 sf
Assessed value$112,814,015

Wonder Bar's share

Est. base rent ~$39/sqft/yr · 7,500 sqft · Class A $24,500/mo
NNN CAM / insurance$3,675/mo
NNN property tax$3,500/mo
Personal property tax est — no BPP record $417/mo
Total occupancy $32,092/mo

Occupancy analysis

All-in occupancy cost is 14.0% 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 $2,743,874 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~36%
Revenue$2,743,874
COGS (24%)−$658,530
Labor (14%)−$384,142
Occupancy−$346,590
TX MB gross tax (6.7%)−$183,840
Utilities / ins / mktg (8%)−$219,510
Card surcharge net+$30,183
Net profit $981,445
Most Likely
Typical bar, light food program, full two-shift staffing
~26%
Revenue$2,743,874
COGS (27%)−$740,846
Labor (17%)−$466,459
Occupancy−$385,100
TX MB gross tax (6.7%)−$183,840
Utilities / ins / mktg (10%)−$274,387
Card surcharge net+$30,183
Net profit $723,425
Stressed
Heavy food, larger crew, higher rent
~15%
Revenue$2,743,874
COGS (30%)−$823,162
Labor (22%)−$603,652
Occupancy−$423,610
TX MB gross tax (6.7%)−$183,840
Utilities / ins / mktg (12%)−$329,265
Card surcharge net+$30,183
Net profit $410,527
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 Gavioliv Enterprises INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $723,425/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 (~$723,425 net) estimated

Revenue multiple
$1.37M–$2.20M
0.5–0.8× gross
SDE multiple
$1.81M–$2.53M
2.5–3.5× earnings
Cap rate
$2.19M–$2.89M
25–33%
Suggested range
$1,809k–$2,532k
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 2026-05-22

No federal lawsuits — past or pending