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Financials

MB763682
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The Grackle

1700 E 6TH ST, Austin, TX 78702 · TABC MB763682

Mixed Beverage Austin Market Enriched 2026-06-15
$1,028,615 Annual gross (L12M) ▼ 15.6% latest MoM Click for monthly detail
$85,718 Avg monthly ▲ 8.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $230,410/yr est. net Click for cost model
$576k–$806k 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 Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $1,082,753 – $1,285,769/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 Grackle is a mixed-beverage licensed establishment at 1700 E 6TH ST, Austin, Texas (TABC MB763682). Over the most recent 12 months it reported $1,028,615 in gross alcohol sales, averaging $85,718/month with a best month of $110,338. Sales mix: ~64% liquor · 36% beer · 0% wine. The building at this address is owned by ROLLING RDR PROPERTIES LLC & (2,500 sqft, $1,181,810 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $230,410 (~22% margin). Acquisition value is estimated at $576k–$806k 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
$1,028,615
Avg monthly
$85,718
Best month
$110,338
Mar 2026
Sales mix
64% Liq
36% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID192035
Property owner (landlord)ROLLING RDR PROPERTIES LLC &
Total building SF2,500
Assessed value$1,181,810

The Grackle's share

Est. base rent ~$30/sqft/yr · 5,000 sqft · Class A $12,411/mo
NNN CAM / insurance$1,862/mo
NNN property tax$985/mo
Personal property tax est — no BPP record $171/mo
Total occupancy $15,429/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 $1,028,615 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,028,615
COGS (24%)−$246,868
Labor (14%)−$144,006
Occupancy−$166,636
TX MB gross tax (6.7%)−$68,917
Utilities / ins / mktg (8%)−$82,289
Card surcharge net+$11,315
Net profit $331,214
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,028,615
COGS (27%)−$277,726
Labor (17%)−$174,865
Occupancy−$185,151
TX MB gross tax (6.7%)−$68,917
Utilities / ins / mktg (10%)−$102,862
Card surcharge net+$11,315
Net profit $230,410
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,028,615
COGS (30%)−$308,584
Labor (22%)−$226,295
Occupancy−$203,666
TX MB gross tax (6.7%)−$68,917
Utilities / ins / mktg (12%)−$123,434
Card surcharge net+$11,315
Net profit $109,033
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 The Grackle Atx LLC looking up officers…
5
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $230,410/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 (~$230,410 net) estimated

Revenue multiple
$514k–$823k
0.5–0.8× gross
SDE multiple
$576k–$806k
2.5–3.5× earnings
Cap rate
$698k–$922k
25–33%
Suggested range
$576k–$806k
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 2026-06-24

Lookup pending — check back tomorrow

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