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MB103292811
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Austin Convention Center Department Catering

900 BARTON SPRINGS RD, Austin, TX 78704 · TABC MB103292811

Mixed Beverage Austin Market Enriched 2026-06-15
$1,216,483 Annual gross (L12M) ▼ 5.4% latest MoM Click for monthly detail
$101,374 Avg monthly ▼ 84.0% latest vs avg Click for monthly detail
~-7% Est. net margin (likely) $-80,288/yr est. net Click for cost model
$608k–$-281k Est. acquisition range 0.13× 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,703,296 – $4,865,932/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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Austin Convention Center Department Catering is a mixed-beverage licensed establishment at 900 BARTON SPRINGS RD, Austin, Texas (TABC MB103292811). Over the most recent 12 months it reported $1,216,483 in gross alcohol sales, averaging $101,374/month with a best month of $397,262. Sales mix: ~46% liquor · 35% beer · 19% wine. The building at this address is owned by STORY BOARD LLC THE (14,218 sqft, $4,560,415 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $-80,288 (~-7% margin). Acquisition value is estimated at $608k–$-281k 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
$1,216,483
Avg monthly
$101,374
Best month
$397,262
Sep 2025
Sales mix
46% Liq
35% Beer · 19% Wine

Property & occupancy

County public records + submarket comps

Venue concession agreement

This permit operates at a stadium or arena. Concession-style contracts (not traditional rent) are typical: the venue keeps the majority share of gross receipts, the operator covers labor, cost-of-goods, and capital improvements amortized over the contract term.

Operator share (likely) 30% · $364,945/yr
Venue share (estimated) $70,962/mo · 70% of gross
Event-day labor ~8% of gross · $8,110/mo

Splits vary by contract — typical range is 60/40 to 80/20 venue/operator on alcohol. Volunteer labor through nonprofit partners is common. Property tax falls on the venue, not the concession operator.

Profit scenarios

Texas bar cost model applied to $1,216,483 gross revenue estimated

Best Case
Operator-favorable contract (40/60 split), volunteer-heavy labor, premium markups
~7%
Revenue$1,216,483
Venue share (60%)−$729,890
COGS (16%)−$194,637
Event-day labor (7%)−$85,154
TX MB gross tax (6.7%)−$81,504
Insurance / capex amort (4%)−$48,659
Card surcharge net+$13,381
Net profit $90,020
Most Likely
Typical major-venue contract (30/70 split), event-day staffing, standard markups
~-7%
Revenue$1,216,483
Venue share (70%)−$851,538
COGS (18%)−$218,967
Event-day labor (8%)−$97,319
TX MB gross tax (6.7%)−$81,504
Insurance / capex amort (5%)−$60,824
Card surcharge net+$13,381
Net profit $-80,288
Stressed
Venue-favorable contract (20/80 split), heavy capex amortization, weaker markups
~-24%
Revenue$1,216,483
Venue share (80%)−$973,186
COGS (22%)−$267,626
Event-day labor (10%)−$121,648
TX MB gross tax (6.7%)−$81,504
Insurance / capex amort (6%)−$72,989
Card surcharge net+$13,381
Net profit $-287,090
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 Levy Premium Foodservice LLC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $-80,288/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 (~$-80,288 net) estimated

Revenue multiple
$608k–$973k
0.5–0.8× gross
SDE multiple
$-201k–$-281k
2.5–3.5× earnings
Cap rate
$-243k–$-321k
25–33%
Suggested range
$608k–$-281k
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.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $2,703,296–$4,865,932/yr in total revenue (your liquor portion of $1,216,483 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$2,703k–$4,866k
food + liquor + service
Estimated net (10–15%)
$270k–$730k
restaurant margin
Full-business value
$743k–$2,676k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-05-22

Lookup pending — check back tomorrow

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