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Financials

MB200081373
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Hopsquad

2307 KRAMER LN, Austin, TX 78758 · TABC MB200081373

Mixed Beverage Austin Market Enriched 2026-07-12
$652,956 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$54,413 Avg monthly ▲ 57.5% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $146,262/yr est. net Click for cost model
$366k–$512k 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 Brewery, liquor is typically only 80–95% of total business revenue. Beer-led; some food. Estimated total revenue (rough): $687,322 – $816,195/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

Hopsquad is a mixed-beverage licensed establishment at 2307 KRAMER LN, Austin, Texas (TABC MB200081373). Over the most recent 12 months it reported $652,956 in gross alcohol sales, averaging $54,413/month with a best month of $85,711. Sales mix: ~50% liquor · 48% beer · 1% wine. The building at this address is owned by BONNEVILLE PARTNERS LTD (2,500 sqft, $2,619,672 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $146,262 (~22% margin). Acquisition value is estimated at $366k–$512k 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
$652,956
Avg monthly
$54,413
Best month
$85,711
May 2026
Sales mix
50% Liq
48% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID256605
Property owner (landlord)BONNEVILLE PARTNERS LTD
Total building SF2,500
Assessed value$2,619,672

Hopsquad's share

Est. base rent ~$22/sqft/yr · 3,500 sqft · Class A $6,524/mo
NNN CAM / insurance$979/mo
NNN property tax$2,183/mo
Personal property tax est — no BPP record $109/mo
Total occupancy $9,794/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 $652,956 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$652,956
COGS (24%)−$156,709
Labor (14%)−$91,414
Occupancy−$105,779
TX MB gross tax (6.7%)−$43,748
Utilities / ins / mktg (8%)−$52,236
Card surcharge net+$7,183
Net profit $210,252
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$652,956
COGS (27%)−$176,298
Labor (17%)−$111,003
Occupancy−$117,532
TX MB gross tax (6.7%)−$43,748
Utilities / ins / mktg (10%)−$65,296
Card surcharge net+$7,183
Net profit $146,262
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$652,956
COGS (30%)−$195,887
Labor (22%)−$143,650
Occupancy−$129,285
TX MB gross tax (6.7%)−$43,748
Utilities / ins / mktg (12%)−$78,355
Card surcharge net+$7,183
Net profit $69,213
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 Hopsquad Brewing Company LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $146,262/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 (~$146,262 net) estimated

Revenue multiple
$326k–$522k
0.5–0.8× gross
SDE multiple
$366k–$512k
2.5–3.5× earnings
Cap rate
$443k–$585k
25–33%
Suggested range
$366k–$512k
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 2026-07-08

Lookup pending — check back tomorrow

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