← North /

Financials

MB662580
Dashboard › North › Financial Intelligence

North

11506 CENTURY OAKS TER STE 124, Austin, TX 78758 · TABC MB662580

Mixed Beverage Austin Market Enriched 2026-05-24
$1,986,394 Annual gross (L12M) ▲ 23.7% latest MoM Click for monthly detail
$165,533 Avg monthly ▲ 13.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $444,952/yr est. net Click for cost model
$1,112k–$1,557k 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 Sports Bar, liquor is typically only 50–70% of total business revenue. Liquor heavy with food sales. Estimated total revenue (rough): $2,837,706 – $3,972,788/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to North My bars

Executive Summary

Click to expand full narrative

North is a mixed-beverage licensed establishment at 11506 CENTURY OAKS TER STE 124, Austin, Texas (TABC MB662580). Over the most recent 12 months it reported $1,986,394 in gross alcohol sales, averaging $165,533/month with a best month of $189,291. Sales mix: ~50% liquor · 7% beer · 44% wine. The building at this address is owned by DOMAIN MALL LLC (221,973 sqft, $146,697,455 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $444,952 (~22% margin). Acquisition value is estimated at $1,112k–$1,557k 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
$1,986,394
Avg monthly
$165,533
Best month
$189,291
Oct 2025
Sales mix
50% Liq
7% Beer · 44% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID767635
Property owner (landlord)DOMAIN MALL LLC
Total building SF whole parcel — North is in STE 124221,973
North's footprint estimated — suite-level not on file 5,000 sf
Assessed value$146,697,455

North's share

Est. base rent ~$50/sqft/yr · 5,000 sqft · Class A $20,833/mo
NNN CAM / insurance$3,125/mo
NNN property tax$5,507/mo
Personal property tax est — no BPP record $331/mo
Total occupancy $29,796/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 $1,986,394 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,986,394
COGS (24%)−$476,735
Labor (14%)−$278,095
Occupancy−$321,796
TX MB gross tax (6.7%)−$133,088
Utilities / ins / mktg (8%)−$158,912
Card surcharge net+$21,850
Net profit $639,619
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,986,394
COGS (27%)−$536,326
Labor (17%)−$337,687
Occupancy−$357,551
TX MB gross tax (6.7%)−$133,088
Utilities / ins / mktg (10%)−$198,639
Card surcharge net+$21,850
Net profit $444,952
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,986,394
COGS (30%)−$595,918
Labor (22%)−$437,007
Occupancy−$393,306
TX MB gross tax (6.7%)−$133,088
Utilities / ins / mktg (12%)−$238,367
Card surcharge net+$21,850
Net profit $210,558
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 Frc Domain Beverages LLC looking up officers…
4
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $444,952/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 (~$444,952 net) estimated

Revenue multiple
$993k–$1.59M
0.5–0.8× gross
SDE multiple
$1.11M–$1.56M
2.5–3.5× earnings
Cap rate
$1.35M–$1.78M
25–33%
Suggested range
$1,112k–$1,557k
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 2026-05-22

Lookup pending — check back tomorrow

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