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MB691309
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Serranos Cafe And Cantina Southpark Meadows

9500 S INTERSTATE 35 STE D, Austin, TX 78748 · TABC MB691309

Mixed Beverage Austin Market Enriched 2026-08-29
$357,844 Annual gross (L12M) ▲ 2.2% latest MoM Click for monthly detail
$29,820 Avg monthly ▲ 3.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $80,157/yr est. net Click for cost model
$200k–$281k 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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $1,022,411 – $1,789,220/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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Serranos Cafe And Cantina Southpark Meadows is a mixed-beverage licensed establishment at 9500 S INTERSTATE 35 STE D, Austin, Texas (TABC MB691309). Over the most recent 12 months it reported $357,844 in gross alcohol sales, averaging $29,820/month with a best month of $31,660. Sales mix: ~82% liquor · 17% beer · 1% wine. The building at this address is owned by BVA SPM SPE LLC & SOUTHPARK MEADOWS SPE HL LLC (5,114 sqft, $4,833,821 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $80,157 (~22% margin). Acquisition value is estimated at $200k–$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
$357,844
Avg monthly
$29,820
Best month
$31,660
Aug 2025
Sales mix
82% Liq
17% Beer · 1% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID971118
Property owner (landlord)BVA SPM SPE LLC & SOUTHPARK MEADOWS SPE HL LLC
Total building SF whole parcel — Serranos Cafe And Cantina Southpark Meadows is in STE D5,114
Serranos Cafe And Cantina Southpark Meadows's footprint estimated — suite-level not on file 2,500 sf
Assessed value$4,833,821

Serranos Cafe And Cantina Southpark Meadows's share

Est. base rent ~$6/sqft/yr · 2,500 sqft · Class A $1,170/mo
NNN CAM / insurance$176/mo
NNN property tax$3,938/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $5,368/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 $357,844 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$357,844
COGS (24%)−$85,883
Labor (14%)−$50,098
Occupancy−$57,971
TX MB gross tax (6.7%)−$23,976
Utilities / ins / mktg (8%)−$28,628
Card surcharge net+$3,936
Net profit $115,226
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$357,844
COGS (27%)−$96,618
Labor (17%)−$60,833
Occupancy−$64,412
TX MB gross tax (6.7%)−$23,976
Utilities / ins / mktg (10%)−$35,784
Card surcharge net+$3,936
Net profit $80,157
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$357,844
COGS (30%)−$107,353
Labor (22%)−$78,726
Occupancy−$70,853
TX MB gross tax (6.7%)−$23,976
Utilities / ins / mktg (12%)−$42,941
Card surcharge net+$3,936
Net profit $37,931
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 Serranos Cafe And Cantina At Southpark Meadows LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $80,157/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 (~$80,157 net) estimated

Revenue multiple
$179k–$286k
0.5–0.8× gross
SDE multiple
$200k–$281k
2.5–3.5× earnings
Cap rate
$243k–$321k
25–33%
Suggested range
$200k–$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 · Mexican Restaurant

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

We estimate this mexican restaurant pulls $1,022,411–$1,789,220/yr in total revenue (your liquor portion of $357,844 is roughly 20–35% 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
$1,022k–$1,789k
food + liquor + service
Estimated net (10–15%)
$102k–$268k
restaurant margin
Full-business value
$281k–$984k
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 2026-07-09

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