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MB827682
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Wls Beverage Company

211 E 3RD ST, Austin, TX 78701 · TABC MB827682

Mixed Beverage Austin Market Enriched 2026-09-10
$133,424 Annual gross (L12M) ▼ 37.1% latest MoM Click for monthly detail
$11,119 Avg monthly ▼ 44.8% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $29,887/yr est. net Click for cost model
$75k–$105k 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $133,424 – $148,249/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Wls Beverage Company is a mixed-beverage licensed establishment at 211 E 3RD ST, Austin, Texas (TABC MB827682). Over the most recent 12 months it reported $133,424 in gross alcohol sales, averaging $11,119/month with a best month of $14,451. Sales mix: ~60% liquor · 25% beer · 16% wine. The building at this address is owned by BCORE 211 E 3RD LP (238,184 sqft, $70,600,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $29,887 (~22% margin). Acquisition value is estimated at $75k–$105k 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
$133,424
Avg monthly
$11,119
Best month
$14,451
Apr 2026
Sales mix
60% Liq
25% Beer · 16% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID192841
Property owner (landlord)BCORE 211 E 3RD LP
Total building SF238,184
Assessed value$70,600,000

Wls Beverage Company's share

Est. base rent ~$3/sqft/yr · 2,500 sqft · Class A $594/mo
NNN CAM / insurance$89/mo
NNN property tax$1,235/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $2,001/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 $133,424 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$133,424
COGS (24%)−$32,022
Labor (14%)−$18,679
Occupancy−$21,615
TX MB gross tax (6.7%)−$8,939
Utilities / ins / mktg (8%)−$10,674
Card surcharge net+$1,468
Net profit $42,963
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$133,424
COGS (27%)−$36,024
Labor (17%)−$22,682
Occupancy−$24,016
TX MB gross tax (6.7%)−$8,939
Utilities / ins / mktg (10%)−$13,342
Card surcharge net+$1,468
Net profit $29,887
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$133,424
COGS (30%)−$40,027
Labor (22%)−$29,353
Occupancy−$26,418
TX MB gross tax (6.7%)−$8,939
Utilities / ins / mktg (12%)−$16,011
Card surcharge net+$1,468
Net profit $14,143
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 Wls Beverage Company looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $29,887/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 (~$29,887 net) estimated

Revenue multiple
$67k–$107k
0.5–0.8× gross
SDE multiple
$75k–$105k
2.5–3.5× earnings
Cap rate
$91k–$120k
25–33%
Suggested range
$75k–$105k
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 2026-05-22

No federal lawsuits — past or pending