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MB200093309
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Swoop Events

3012 GONZALES ST, Austin, TX 78702 · TABC MB200093309

Mixed Beverage Austin Market Enriched 2026-07-12
$218,303 Annual gross (L12M) ▲ 47.0% latest MoM Click for monthly detail
$18,192 Avg monthly ▼ 62.4% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $48,900/yr est. net Click for cost model
$122k–$171k 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): $311,861 – $436,606/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

Swoop Events is a mixed-beverage licensed establishment at 3012 GONZALES ST, Austin, Texas (TABC MB200093309). Over the most recent 12 months it reported $218,303 in gross alcohol sales, averaging $18,192/month with a best month of $51,785. Sales mix: ~41% liquor · 12% beer · 47% wine. The building at this address is owned by HAPPY VENTURES LLC (2,500 sqft, $2,307,410 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $48,900 (~22% margin). Acquisition value is estimated at $122k–$171k 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
$218,303
Avg monthly
$18,192
Best month
$51,785
Nov 2025
Sales mix
41% Liq
12% Beer · 47% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID192382
Property owner (landlord)HAPPY VENTURES LLC
Total building SF2,500
Assessed value$2,307,410

Swoop Events's share

Est. base rent ~$5/sqft/yr · 2,500 sqft · Class A $1,103/mo
NNN CAM / insurance$165/mo
NNN property tax$1,923/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $3,275/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 $218,303 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$218,303
COGS (24%)−$52,393
Labor (14%)−$30,562
Occupancy−$35,365
TX MB gross tax (6.7%)−$14,626
Utilities / ins / mktg (8%)−$17,464
Card surcharge net+$2,401
Net profit $70,294
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$218,303
COGS (27%)−$58,942
Labor (17%)−$37,112
Occupancy−$39,295
TX MB gross tax (6.7%)−$14,626
Utilities / ins / mktg (10%)−$21,830
Card surcharge net+$2,401
Net profit $48,900
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$218,303
COGS (30%)−$65,491
Labor (22%)−$48,027
Occupancy−$43,224
TX MB gross tax (6.7%)−$14,626
Utilities / ins / mktg (12%)−$26,196
Card surcharge net+$2,401
Net profit $23,140
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 Happy Goods INC looking up officers…
3
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $48,900/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 (~$48,900 net) estimated

Revenue multiple
$109k–$175k
0.5–0.8× gross
SDE multiple
$122k–$171k
2.5–3.5× earnings
Cap rate
$148k–$196k
25–33%
Suggested range
$122k–$171k
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 2026-05-29

Lookup pending — check back tomorrow

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