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Financials

MB200162783
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Wakesurf Saloon LLC

3519 RANCH ROAD 620 N, Austin, TX 78734 · TABC MB200162783

Mixed Beverage Austin Market Enriched 2026-06-17
$966,830 Annual gross (L12M) ▲ 4.9% latest MoM Click for monthly detail
$87,894 Avg monthly ▼ 6.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $216,570/yr est. net Click for cost model
$541k–$758k 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 Saloon, liquor is typically only 85–95% of total business revenue. Liquor-led. Estimated total revenue (rough): $1,017,716 – $1,137,447/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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Wakesurf Saloon LLC is a mixed-beverage licensed establishment at 3519 RANCH ROAD 620 N, Austin, Texas (TABC MB200162783). Over the most recent 12 months it reported $966,830 in gross alcohol sales, averaging $87,894/month with a best month of $115,744. Sales mix: ~65% liquor · 32% beer · 3% wine. The building at this address is owned by SERENDIPITY PROPERTIES INC (2,630 sqft, $1,396,338 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $216,570 (~22% margin). Acquisition value is estimated at $541k–$758k 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
$966,830
Avg monthly
$87,894
Best month
$115,744
Oct 2025
Sales mix
65% Liq
32% Beer · 3% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID154473
Property owner (landlord)SERENDIPITY PROPERTIES INC
Total building SF2,630
Assessed value$1,396,338

Wakesurf Saloon LLC's share

Est. base rent ~$39/sqft/yr · 3,500 sqft · Class A $11,459/mo
NNN CAM / insurance$1,719/mo
NNN property tax$1,164/mo
Personal property tax est — no BPP record $161/mo
Total occupancy $14,502/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 $966,830 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$966,830
COGS (24%)−$232,039
Labor (14%)−$135,356
Occupancy−$156,626
TX MB gross tax (6.7%)−$64,778
Utilities / ins / mktg (8%)−$77,346
Card surcharge net+$10,635
Net profit $311,319
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$966,830
COGS (27%)−$261,044
Labor (17%)−$164,361
Occupancy−$174,029
TX MB gross tax (6.7%)−$64,778
Utilities / ins / mktg (10%)−$96,683
Card surcharge net+$10,635
Net profit $216,570
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$966,830
COGS (30%)−$290,049
Labor (22%)−$212,703
Occupancy−$191,432
TX MB gross tax (6.7%)−$64,778
Utilities / ins / mktg (12%)−$116,020
Card surcharge net+$10,635
Net profit $102,484
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 Wakesurf Saloon LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $216,570/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 (~$216,570 net) estimated

Revenue multiple
$483k–$773k
0.5–0.8× gross
SDE multiple
$541k–$758k
2.5–3.5× earnings
Cap rate
$656k–$866k
25–33%
Suggested range
$541k–$758k
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 2026-06-19

Lookup pending — check back tomorrow

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