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Financials

MB848429
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The Lodge

411 E 6TH ST, Austin, TX 78701 · TABC MB848429

Mixed Beverage Austin Market Enriched 2026-05-19
$1,615,820 Annual gross (L12M) ▲ 7.6% latest MoM Click for monthly detail
$134,652 Avg monthly ▼ 17.6% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $361,944/yr est. net Click for cost model
$905k–$1,267k 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): $1,700,863 – $1,900,965/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 Lodge is a mixed-beverage licensed establishment at 411 E 6TH ST, Austin, Texas (TABC MB848429). Over the most recent 12 months it reported $1,615,820 in gross alcohol sales, averaging $134,652/month with a best month of $173,058. Sales mix: ~86% liquor · 14% beer · 0% wine. The building at this address is owned by 409 FIRST FLOOR LLC (9,497 sqft, $5,176,252 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $361,944 (~22% margin). Acquisition value is estimated at $905k–$1,267k 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
$1,615,820
Avg monthly
$134,652
Best month
$173,058
Aug 2025
Sales mix
86% Liq
14% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID194523
Property owner (landlord)409 FIRST FLOOR LLC
Total building SF9,497
Assessed value$5,176,252

The Lodge's share

Est. base rent ~$41/sqft/yr · 5,000 sqft · Class A $17,091/mo
NNN CAM / insurance$2,564/mo
NNN property tax$4,314/mo
Personal property tax est — no BPP record $269/mo
Total occupancy $24,237/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 $1,615,820 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$1,615,820
COGS (24%)−$387,797
Labor (14%)−$226,215
Occupancy−$261,763
TX MB gross tax (6.7%)−$108,260
Utilities / ins / mktg (8%)−$129,266
Card surcharge net+$17,774
Net profit $520,294
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$1,615,820
COGS (27%)−$436,271
Labor (17%)−$274,689
Occupancy−$290,848
TX MB gross tax (6.7%)−$108,260
Utilities / ins / mktg (10%)−$161,582
Card surcharge net+$17,774
Net profit $361,944
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$1,615,820
COGS (30%)−$484,746
Labor (22%)−$355,480
Occupancy−$319,932
TX MB gross tax (6.7%)−$108,260
Utilities / ins / mktg (12%)−$193,898
Card surcharge net+$17,774
Net profit $171,277
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 Klodge INC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $361,944/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 (~$361,944 net) estimated

Revenue multiple
$808k–$1.29M
0.5–0.8× gross
SDE multiple
$905k–$1.27M
2.5–3.5× earnings
Cap rate
$1.10M–$1.45M
25–33%
Suggested range
$905k–$1,267k
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 2026-06-08

Lookup pending — check back tomorrow

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