Surrendered

The Tipsy Alchemist

70 RAINEY ST STE 200, Austin, TX 78701 · Travis County
Latest receipts
…
Click for monthly breakdown
Trailing 12
$1.10M
…
Click for YoY comparison
All-time peak
$407K
Oct 2020
Click for ranked months
Liquor split
…
Click for full breakdown
Per open day
…
est. 30 days
Click vs category avg

How they stack up

In Austin
…
In ZIP 78701
…
In Travis County
…
Statewide
…
2023
License issued
Aug 2023
Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: The Tipsy Alchemist
City: Austin, TX · Travis County
Address: 70 Rainey St Ste 200, TX 78701
TABC permit number: MB106288287
Owner / operator: Tipsy Alchemist Atx, LLC
Trailing 12-month mixed beverage receipts: $1,102,812
Latest health inspection score: 83 (Oct 23, 2024) · Austin inspection
Estimated business value: $518,162 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Tipsy Alchemist reported $0 in April 2025.

Trailing-12 receipts: $1.10M (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Austin. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$205K
2.25× EBITDA
Mid (14% margin)Likely
$518K
3.0× EBITDA
High (32% margin)
$1.3M
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
Start free trial →

Based on trailing-12-month gross of $1,102,812, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

Unlock full analysis →

Sales history · monthly gross receipts

Monthly filings · last 12

Download JSON ↓
Month Total Liquor Beer Wine MoM
Loading monthly filings…

About this establishment

THE TIPSY ALCHEMIST is a Mixed Beverage located in AUSTIN, Texas. Its average monthly sales over the last 11 months were $100,256. Its highest-grossing month in that period was May 2024 with $196,796 in sales. Sales have decreased by 54% compared to earlier in the period. Its sales mix is approximately 82% liquor, 6% beer, and 12% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

ZIP 78701 performance

See full rankings →
Loading nearby bars…

Location

70 RAINEY ST STE 200
AUSTIN, TX 78701
Open in Maps

License

Permit typeMixed Beverage
NumberMB106288287
Status ● Surrendered
First filing2019-08-31
Renewed2023-08-25
Expires2025-07-30
Health score 83 · Austin inspection · Oct 23, 2024 →
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Officers David Nguyen Manager
Sibling entities
2 other venues share an officer
Norinori · Houston
via David Nguyen (Governing)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
2 factors flagged
  • $0 filed in a month with avg baseline $103,913/mo
  • Federal wage-and-hour lawsuit on file (1)
Sales-tax cross-check
Sales-tax filings $1,062,698 vs gross $1,102,812 over 11 overlapping months — gap of 3.6% (expected ~0%).
View methodology →

Federal court history

Public records
1 federal case
1 wage-and-hour
1 contract
As defendant in 1 case
Most recent filing
Joe Hand Promotions, Inc. v. Tipsy Alchemist ATX, LLC
TXWD · 2024-12-04 · CLOSED
Public records, last checked 2026-07-06

Peer comparison

Austin
Loading peers…

Location · THE TIPSY ALCHEMIST

70 RAINEY ST STE 200, AUSTIN, TX 78701

Heatmap · ZIP 78701

Loading nearby receipts…

Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 78701 rankings

Loading…