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Financials

MB801451
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Hop Doddy

2438 W ANDERSON LN STE A-6, Austin, TX 78757 · TABC MB801451

Mixed Beverage Austin Market Enriched 2026-07-11
$609,139 Annual gross (L12M) ▲ 10.7% latest MoM Click for monthly detail
$50,762 Avg monthly ▲ 7.5% latest vs avg Click for monthly detail
~-260% Est. net margin (likely) $-1,586,547/yr est. net Click for cost model
$305k–$-5,553k Est. acquisition range -4.31× 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 Beer Bar, liquor is typically only 90–98% of total business revenue. Beer-only, minimal food. Estimated total revenue (rough): $621,570 – $676,821/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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Hop Doddy is a mixed-beverage licensed establishment at 2438 W ANDERSON LN STE A-6, Austin, Texas (TABC MB801451). Over the most recent 12 months it reported $609,139 in gross alcohol sales, averaging $50,762/month with a best month of $57,068. Sales mix: ~66% liquor · 32% beer · 2% wine. The building at this address is owned by ALLANDALE HOLDINGS LP (9,952 sqft, $28,770,804 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-1,586,547 (~-260% margin). Acquisition value is estimated at $305k–$-5,553k 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
$609,139
Avg monthly
$50,762
Best month
$57,068
Jun 2025
Sales mix
66% Liq
32% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID242503
Property owner (landlord)ALLANDALE HOLDINGS LP
Total building SF whole parcel — Hop Doddy is in STE A-69,952
Hop Doddy's footprint estimated — suite-level not on file 3,500 sf
Assessed value$28,770,804

Hop Doddy's share

Est. base rent ~$405/sqft/yr · 3,500 sqft · Class A $118,047/mo
NNN CAM / insurance$17,707/mo
NNN property tax$16,864/mo
Personal property tax est — no BPP record $102/mo
Total occupancy $152,720/mo

Occupancy analysis

All-in occupancy cost is 300.9% 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 $609,139 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~-222%
Revenue$609,139
COGS (24%)−$146,193
Labor (14%)−$85,279
Occupancy−$1,649,376
TX MB gross tax (6.7%)−$40,812
Utilities / ins / mktg (8%)−$48,731
Card surcharge net+$6,701
Net profit $-1,354,552
Most Likely
Typical bar, light food program, full two-shift staffing
~-260%
Revenue$609,139
COGS (27%)−$164,468
Labor (17%)−$103,554
Occupancy−$1,832,640
TX MB gross tax (6.7%)−$40,812
Utilities / ins / mktg (10%)−$60,914
Card surcharge net+$6,701
Net profit $-1,586,547
Stressed
Heavy food, larger crew, higher rent
~-301%
Revenue$609,139
COGS (30%)−$182,742
Labor (22%)−$134,011
Occupancy−$2,015,903
TX MB gross tax (6.7%)−$40,812
Utilities / ins / mktg (12%)−$73,097
Card surcharge net+$6,701
Net profit $-1,830,725
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 Hopdoddy Anderson Lane LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-1,586,547/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 (~$-1,586,547 net) estimated

Revenue multiple
$305k–$487k
0.5–0.8× gross
SDE multiple
$-3,966k–$-5,553k
2.5–3.5× earnings
Cap rate
$-4,808k–$-6,346k
25–33%
Suggested range
$305k–$-5,553k
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 2026-07-10

Lookup pending — check back tomorrow

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