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MB106208532
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Taco Flats

1110 W LYNN ST, Austin, TX 78703 · TABC MB106208532

Mixed Beverage Austin Market Enriched 2026-09-06
$488,017 Annual gross (L12M) ▼ 4.9% latest MoM Click for monthly detail
$40,668 Avg monthly ▼ 5.0% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $109,316/yr est. net Click for cost model
$273k–$383k 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): $1,394,334 – $2,440,085/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

Taco Flats is a mixed-beverage licensed establishment at 1110 W LYNN ST, Austin, Texas (TABC MB106208532). Over the most recent 12 months it reported $488,017 in gross alcohol sales, averaging $40,668/month with a best month of $45,736. Sales mix: ~84% liquor · 14% beer · 2% wine. The building at this address is owned by COLONNETTA FAMILY LIMITED PARTNERSHIP (6,607 sqft, $1,850,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $109,316 (~22% margin). Acquisition value is estimated at $273k–$383k 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
$488,017
Avg monthly
$40,668
Best month
$45,736
May 2026
Sales mix
84% Liq
14% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID110111
Property owner (landlord)COLONNETTA FAMILY LIMITED PARTNERSHIP
Total building SF6,607
Assessed value$1,850,000

Taco Flats's share

Est. base rent ~$25/sqft/yr · 2,500 sqft · Class A $5,278/mo
NNN CAM / insurance$792/mo
NNN property tax$1,167/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $7,320/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 $488,017 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$488,017
COGS (24%)−$117,124
Labor (14%)−$68,322
Occupancy−$79,059
TX MB gross tax (6.7%)−$32,697
Utilities / ins / mktg (8%)−$39,041
Card surcharge net+$5,368
Net profit $157,141
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$488,017
COGS (27%)−$131,765
Labor (17%)−$82,963
Occupancy−$87,843
TX MB gross tax (6.7%)−$32,697
Utilities / ins / mktg (10%)−$48,802
Card surcharge net+$5,368
Net profit $109,316
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$488,017
COGS (30%)−$146,405
Labor (22%)−$107,364
Occupancy−$96,627
TX MB gross tax (6.7%)−$32,697
Utilities / ins / mktg (12%)−$58,562
Card surcharge net+$5,368
Net profit $51,730
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 Intergalactic Taco LLC looking up officers…
6
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $109,316/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 (~$109,316 net) estimated

Revenue multiple
$244k–$390k
0.5–0.8× gross
SDE multiple
$273k–$383k
2.5–3.5× earnings
Cap rate
$331k–$437k
25–33%
Suggested range
$273k–$383k
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 $1,394,334–$2,440,085/yr in total revenue (your liquor portion of $488,017 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
$1,394k–$2,440k
food + liquor + service
Estimated net (10–15%)
$139k–$366k
restaurant margin
Full-business value
$383k–$1,342k
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 2026-06-21

No federal lawsuits — past or pending