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Financials

MB200149749
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Swift's Attic

315 CONGRESS AVE STE 200, Austin, TX 78701 · TABC MB200149749

Mixed Beverage Austin Market Enriched 2026-07-10
$440,672 Annual gross (L12M) ▼ 16.6% latest MoM Click for monthly detail
$36,723 Avg monthly ▲ 5.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $98,711/yr est. net Click for cost model
$247k–$345k 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 Cocktail Bar, liquor is typically only 85–95% of total business revenue. Spirits-led; low food. Estimated total revenue (rough): $463,865 – $518,438/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

Swift's Attic is a mixed-beverage licensed establishment at 315 CONGRESS AVE STE 200, Austin, Texas (TABC MB200149749). Over the most recent 12 months it reported $440,672 in gross alcohol sales, averaging $36,723/month with a best month of $47,795. Sales mix: ~72% liquor · 7% beer · 21% wine. The building at this address is owned by PEARSON FRANCES C & LINDA H PEARSON TRUST & (2,909 sqft, $3,050,529 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $98,711 (~22% margin). Acquisition value is estimated at $247k–$345k 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
$440,672
Avg monthly
$36,723
Best month
$47,795
Feb 2026
Sales mix
72% Liq
7% Beer · 21% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID190747
Property owner (landlord)PEARSON FRANCES C & LINDA H PEARSON TRUST &
Total building SF whole parcel — Swift's Attic is in STE 2002,909
Swift's Attic's footprint estimated — suite-level not on file 2,500 sf
Assessed value$3,050,529

Swift's Attic's share

Est. base rent ~$17/sqft/yr · 2,500 sqft · Class A $3,465/mo
NNN CAM / insurance$520/mo
NNN property tax$2,542/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $6,610/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 $440,672 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$440,672
COGS (24%)−$105,761
Labor (14%)−$61,694
Occupancy−$71,389
TX MB gross tax (6.7%)−$29,525
Utilities / ins / mktg (8%)−$35,254
Card surcharge net+$4,847
Net profit $141,896
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$440,672
COGS (27%)−$118,981
Labor (17%)−$74,914
Occupancy−$79,321
TX MB gross tax (6.7%)−$29,525
Utilities / ins / mktg (10%)−$44,067
Card surcharge net+$4,847
Net profit $98,711
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$440,672
COGS (30%)−$132,202
Labor (22%)−$96,948
Occupancy−$87,253
TX MB gross tax (6.7%)−$29,525
Utilities / ins / mktg (12%)−$52,881
Card surcharge net+$4,847
Net profit $46,711
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 Prasso Hospitality LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $98,711/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 (~$98,711 net) estimated

Revenue multiple
$220k–$353k
0.5–0.8× gross
SDE multiple
$247k–$345k
2.5–3.5× earnings
Cap rate
$299k–$395k
25–33%
Suggested range
$247k–$345k
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 2026-06-18

Lookup pending — check back tomorrow

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