← Antone's /

Financials

MB918801
Dashboard › Antone's › Financial Intelligence

Antone's

305 E 5TH ST, Austin, TX 78701 · TABC MB918801

Mixed Beverage Austin Market Enriched 2026-05-14
$1,360,331 Annual gross (L12M) ▲ 65.3% latest MoM Click for monthly detail
$113,361 Avg monthly ▲ 53.8% latest vs avg Click for monthly detail
~25% Est. net margin (likely) $344,122/yr est. net Click for cost model
$860k–$1,204k Est. acquisition range 0.76× 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,431,927 – $1,700,414/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Antone's My bars

Executive Summary

Click to expand full narrative

Antone's is a mixed-beverage licensed establishment at 305 E 5TH ST, Austin, Texas (TABC MB918801). Over the most recent 12 months it reported $1,360,331 in gross alcohol sales, averaging $113,361/month with a best month of $174,361. Sales mix: ~63% liquor · 31% beer · 6% wine. The building at this address is owned by 305 SERIES E 5TH, FCDE LLC (15,573 sqft, $4,360,676 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $344,122 (~25% margin). Acquisition value is estimated at $860k–$1,204k 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
$1,360,331
Avg monthly
$113,361
Best month
$174,361
Mar 2026
Sales mix
63% Liq
31% Beer · 6% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID192874
Property owner (landlord)305 SERIES E 5TH, FCDE LLC
Total building SF15,573
Assessed value$4,360,676

Antone's's share

Est. base rent ~$39/sqft/yr · 4,000 sqft · Class A $13,067/mo
NNN CAM / insurance$1,960/mo
NNN property tax$1,867/mo
Personal property tax est — no BPP record $227/mo
Total occupancy $17,121/mo

Occupancy analysis

All-in occupancy cost is 15.1% 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 $1,360,331 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~35%
Revenue$1,360,331
COGS (24%)−$326,479
Labor (14%)−$190,446
Occupancy−$184,906
TX MB gross tax (6.7%)−$91,142
Utilities / ins / mktg (8%)−$108,826
Card surcharge net+$14,964
Net profit $473,494
Most Likely
Typical bar, light food program, full two-shift staffing
~25%
Revenue$1,360,331
COGS (27%)−$367,289
Labor (17%)−$231,256
Occupancy−$205,452
TX MB gross tax (6.7%)−$91,142
Utilities / ins / mktg (10%)−$136,033
Card surcharge net+$14,964
Net profit $344,122
Stressed
Heavy food, larger crew, higher rent
~14%
Revenue$1,360,331
COGS (30%)−$408,099
Labor (22%)−$299,273
Occupancy−$225,997
TX MB gross tax (6.7%)−$91,142
Utilities / ins / mktg (12%)−$163,240
Card surcharge net+$14,964
Net profit $187,544
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 Antone's Nightclub LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $344,122/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 (~$344,122 net) estimated

Revenue multiple
$680k–$1.09M
0.5–0.8× gross
SDE multiple
$860k–$1.20M
2.5–3.5× earnings
Cap rate
$1.04M–$1.38M
25–33%
Suggested range
$860k–$1,204k
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 2026-06-10

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.