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Financials

MB882928
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Drinks

2001 E CESAR CHAVEZ ST, Austin, TX 78702 · TABC MB882928

Mixed Beverage Austin Market Enriched 2026-06-19
$843,537 Annual gross (L12M) ▼ 4.8% latest MoM Click for monthly detail
$70,295 Avg monthly ▲ 4.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $188,952/yr est. net Click for cost model
$472k–$661k 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): $843,537 – $937,263/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

Drinks is a mixed-beverage licensed establishment at 2001 E CESAR CHAVEZ ST, Austin, Texas (TABC MB882928). Over the most recent 12 months it reported $843,537 in gross alcohol sales, averaging $70,295/month with a best month of $85,849. Sales mix: ~63% liquor · 37% beer · 0% wine. The building at this address is owned by RHBH PROPERTIES L P (2,500 sqft, $900,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $188,952 (~22% margin). Acquisition value is estimated at $472k–$661k 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
$843,537
Avg monthly
$70,295
Best month
$85,849
May 2025
Sales mix
63% Liq
37% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID189241
Property owner (landlord)RHBH PROPERTIES L P
Total building SF2,500
Assessed value$900,000

Drinks's share

Est. base rent ~$35/sqft/yr · 3,500 sqft · Class A $10,228/mo
NNN CAM / insurance$1,534/mo
NNN property tax$750/mo
Personal property tax est — no BPP record $141/mo
Total occupancy $12,653/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 $843,537 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$843,537
COGS (24%)−$202,449
Labor (14%)−$118,095
Occupancy−$136,653
TX MB gross tax (6.7%)−$56,517
Utilities / ins / mktg (8%)−$67,483
Card surcharge net+$9,279
Net profit $271,619
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$843,537
COGS (27%)−$227,755
Labor (17%)−$143,401
Occupancy−$151,837
TX MB gross tax (6.7%)−$56,517
Utilities / ins / mktg (10%)−$84,354
Card surcharge net+$9,279
Net profit $188,952
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$843,537
COGS (30%)−$253,061
Labor (22%)−$185,578
Occupancy−$167,020
TX MB gross tax (6.7%)−$56,517
Utilities / ins / mktg (12%)−$101,224
Card surcharge net+$9,279
Net profit $89,415
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 Atx Drinks LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $188,952/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 (~$188,952 net) estimated

Revenue multiple
$422k–$675k
0.5–0.8× gross
SDE multiple
$472k–$661k
2.5–3.5× earnings
Cap rate
$573k–$756k
25–33%
Suggested range
$472k–$661k
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 2026-07-01

Lookup pending — check back tomorrow

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