701 CONGRESS AVE, Austin, TX 78701 · TABC MB1111369
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The Stephen F. Austin Royal Sonesta Hotel is a mixed-beverage licensed establishment at 701 CONGRESS AVE, Austin, Texas (TABC MB1111369). Over the most recent 12 months it reported $657,130 in gross alcohol sales, averaging $59,739/month with a best month of $81,710. Sales mix: ~62% liquor · 16% beer · 22% wine. The building at this address is owned by HPTMI PROPERTIES TRUST (85,782 sqft, $36,292,198 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $147,197 (~22% margin). Acquisition value is estimated at $368k–$515k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
The Stephen F. Austin Royal Sonesta Hotel's share
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.
Texas bar cost model applied to $657,130 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$147,197 net) estimated
Public records · last checked 2026-06-21
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