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Financials

MB200052045
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Chupitos

311 E 6TH ST, Austin, TX 78701 · TABC MB200052045

Mixed Beverage Austin Market Enriched 2026-09-04
$446,919 Annual gross (L12M) ▲ 3.1% latest MoM Click for monthly detail
$37,243 Avg monthly ▲ 45.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $100,110/yr est. net Click for cost model
$250k–$350k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $446,919 – $496,577/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

Chupitos is a mixed-beverage licensed establishment at 311 E 6TH ST, Austin, Texas (TABC MB200052045). Over the most recent 12 months it reported $446,919 in gross alcohol sales, averaging $37,243/month with a best month of $54,094. Sales mix: ~73% liquor · 27% beer · 0% wine. The building at this address is owned by WFT TRUST (2,862 sqft, $1,750,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $100,110 (~22% margin). Acquisition value is estimated at $250k–$350k 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
$446,919
Avg monthly
$37,243
Best month
$54,094
Jul 2026
Sales mix
73% Liq
27% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194489
Property owner (landlord)WFT TRUST
Total building SF2,862
Assessed value$1,750,000

Chupitos's share

Est. base rent ~$22/sqft/yr · 2,500 sqft · Class A $4,489/mo
NNN CAM / insurance$673/mo
NNN property tax$1,458/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $6,704/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 $446,919 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$446,919
COGS (24%)−$107,261
Labor (14%)−$62,569
Occupancy−$72,401
TX MB gross tax (6.7%)−$29,944
Utilities / ins / mktg (8%)−$35,754
Card surcharge net+$4,916
Net profit $143,908
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$446,919
COGS (27%)−$120,668
Labor (17%)−$75,976
Occupancy−$80,445
TX MB gross tax (6.7%)−$29,944
Utilities / ins / mktg (10%)−$44,692
Card surcharge net+$4,916
Net profit $100,110
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$446,919
COGS (30%)−$134,076
Labor (22%)−$98,322
Occupancy−$88,490
TX MB gross tax (6.7%)−$29,944
Utilities / ins / mktg (12%)−$53,630
Card surcharge net+$4,916
Net profit $47,373
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 311 Club LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $100,110/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 (~$100,110 net) estimated

Revenue multiple
$223k–$358k
0.5–0.8× gross
SDE multiple
$250k–$350k
2.5–3.5× earnings
Cap rate
$303k–$400k
25–33%
Suggested range
$250k–$350k
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 2026-09-15

No federal lawsuits — past or pending