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Financials

MB200148393
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The Bon Aire

9070 RESEARCH BLVD STE 101, Austin, TX 78758 · TABC MB200148393

Mixed Beverage Austin Market Enriched 2026-06-15
$984,694 Annual gross (L12M) ▼ 9.2% latest MoM Click for monthly detail
$82,058 Avg monthly ▼ 35.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $220,571/yr est. net Click for cost model
$551k–$772k 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): $1,036,520 – $1,158,464/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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The Bon Aire is a mixed-beverage licensed establishment at 9070 RESEARCH BLVD STE 101, Austin, Texas (TABC MB200148393). Over the most recent 12 months it reported $984,694 in gross alcohol sales, averaging $82,058/month with a best month of $307,203. Sales mix: ~28% liquor · 51% beer · 21% wine. The building at this address is owned by MWM FUND VII LTD (32,034 sqft, $34,000,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $220,571 (~22% margin). Acquisition value is estimated at $551k–$772k 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
$984,694
Avg monthly
$82,058
Best month
$307,203
Oct 2025
Sales mix
28% Liq
51% Beer · 21% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID251480
Property owner (landlord)MWM FUND VII LTD
Total building SF whole parcel — The Bon Aire is in STE 10132,034
The Bon Aire's footprint estimated — suite-level not on file 3,500 sf
Assessed value$34,000,000

The Bon Aire's share

Est. base rent ~$25/sqft/yr · 3,500 sqft · Class A $7,317/mo
NNN CAM / insurance$1,098/mo
NNN property tax$6,191/mo
Personal property tax est — no BPP record $164/mo
Total occupancy $14,770/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 $984,694 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$984,694
COGS (24%)−$236,327
Labor (14%)−$137,857
Occupancy−$159,520
TX MB gross tax (6.7%)−$65,974
Utilities / ins / mktg (8%)−$78,776
Card surcharge net+$10,832
Net profit $317,071
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$984,694
COGS (27%)−$265,867
Labor (17%)−$167,398
Occupancy−$177,245
TX MB gross tax (6.7%)−$65,974
Utilities / ins / mktg (10%)−$98,469
Card surcharge net+$10,832
Net profit $220,571
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$984,694
COGS (30%)−$295,408
Labor (22%)−$216,633
Occupancy−$194,969
TX MB gross tax (6.7%)−$65,974
Utilities / ins / mktg (12%)−$118,163
Card surcharge net+$10,832
Net profit $104,378
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 Bar Blue Atx looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $220,571/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 (~$220,571 net) estimated

Revenue multiple
$492k–$788k
0.5–0.8× gross
SDE multiple
$551k–$772k
2.5–3.5× earnings
Cap rate
$668k–$882k
25–33%
Suggested range
$551k–$772k
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 2026-06-23

Lookup pending — check back tomorrow

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