← Little Drinks Lounge /

Financials

MB106001882
Dashboard › Little Drinks Lounge › Financial Intelligence

Little Drinks Lounge

3801 S CONGRESS AVE STE 116, Austin, TX 78704 · TABC MB106001882

Mixed Beverage Austin Market Enriched 2026-07-11
$552,692 Annual gross (L12M) ▲ 5.0% latest MoM Click for monthly detail
$46,058 Avg monthly ▲ 15.2% latest vs avg Click for monthly detail
~24% Est. net margin (likely) $135,052/yr est. net Click for cost model
$338k–$473k Est. acquisition range 0.73× 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $614,102 – $736,923/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Little Drinks Lounge My bars

Executive Summary

Click to expand full narrative

Little Drinks Lounge is a mixed-beverage licensed establishment at 3801 S CONGRESS AVE STE 116, Austin, Texas (TABC MB106001882). Over the most recent 12 months it reported $552,692 in gross alcohol sales, averaging $46,058/month with a best month of $53,792. Sales mix: ~73% liquor · 26% beer · 1% wine. The building at this address is owned by HAMPF ANDREW DAVID & VANESSA L (2,500 sqft, $428,788 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $135,052 (~24% margin). Acquisition value is estimated at $338k–$473k 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
$552,692
Avg monthly
$46,058
Best month
$53,792
Mar 2026
Sales mix
73% Liq
26% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID165611
Property owner (landlord)HAMPF ANDREW DAVID & VANESSA L
Total building SF whole parcel — Little Drinks Lounge is in STE 1162,500
Little Drinks Lounge's footprint estimated — suite-level not on file 3,500 sf
Assessed value$428,788

Little Drinks Lounge's share

Est. base rent ~$21/sqft/yr · 3,500 sqft · Class B $6,003/mo
NNN CAM / insurance$900/mo
NNN property tax$357/mo
Personal property tax est — no BPP record $92/mo
Total occupancy $7,353/mo

Occupancy analysis

All-in occupancy cost is 16.0% 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 $552,692 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~34%
Revenue$552,692
COGS (24%)−$132,646
Labor (14%)−$77,377
Occupancy−$79,412
TX MB gross tax (6.7%)−$37,030
Utilities / ins / mktg (8%)−$44,215
Card surcharge net+$6,080
Net profit $188,091
Most Likely
Typical bar, light food program, full two-shift staffing
~24%
Revenue$552,692
COGS (27%)−$149,227
Labor (17%)−$93,958
Occupancy−$88,235
TX MB gross tax (6.7%)−$37,030
Utilities / ins / mktg (10%)−$55,269
Card surcharge net+$6,080
Net profit $135,052
Stressed
Heavy food, larger crew, higher rent
~13%
Revenue$552,692
COGS (30%)−$165,808
Labor (22%)−$121,592
Occupancy−$97,059
TX MB gross tax (6.7%)−$37,030
Utilities / ins / mktg (12%)−$66,323
Card surcharge net+$6,080
Net profit $70,960
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 Velouria LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $135,052/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 (~$135,052 net) estimated

Revenue multiple
$276k–$442k
0.5–0.8× gross
SDE multiple
$338k–$473k
2.5–3.5× earnings
Cap rate
$409k–$540k
25–33%
Suggested range
$338k–$473k
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 2026-09-07

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.