In its latest month the lounge generated $370,195 in receipts, modestly below its 12‑month average of $412,719. Even with that dip, its revenue remains well above typical Austin Texas bar peers, indicating solid market position.
Based on trailing-12-month gross of $4,896,686, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.
| Month | Total | Liquor | Beer | Wine | MoM |
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THE VOLSTEAD LOUNGE/HOTEL VEGAS is a Mixed Beverage located in AUSTIN, Texas. In August 2026, it reported $370,195 in total mixed beverage sales. Its average monthly sales over the last 12 months were $408,057. Its highest-grossing month in that period was March 2026 with $704,446 in sales. Sales have remained relatively stable. Its sales mix is approximately 75% liquor, 25% beer, and 0% wine. The establishment currently holds an Active TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.
1500-1502 E 6TH ST STE A, AUSTIN, TX 78702
Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.
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“The Volstead Lounge is a hidden gem that combines classic cocktails with a modern twist, making it a favorite among cocktail enthusiasts. With a 4.5 rating, this bar offers expertly crafted drinks in a cozy, intimate setting. The ambiance is perfect for a relaxed evening out, whether you're enjoying a finely aged whiskey or a creative mixed drink. The skilled bartenders are always ready to offer a personalized...”
“This review is a few weeks late. But the drag brunch was awesome sauce! Amazing show, great energy, loved the crowd work, and drinks food were great too. Only downside is paid parking. Do not go over. Got hit with a 100$ fee for going past in the lot across the street.”
“Love the area out back--multiple bars to keep drink lines short. Popped by here killing an hour before dinner around 7pm on a Thursday. They had a cool band playing, and then some other stage antics--very nice as I wasn't expecting free entertainment. Dog friendly and plenty of space to find a table for groups. Maybe I just lucked into a good night, but I enjoyed it. If the food truck, Bummer Burrito, is good...”
“I’m actually disappointed in this but here /hotel Vegas is one of my fav clubs on east and last Friday I went the bouncer with the fake grills touched my girl inappropriately and I noticed he loves to get touchy with the girls it’s really sad that one of the first faces you see is doing stuff like this bringing down such a nice and fun establishment .”
“The Volstead drag brunch was worth all the hype and more. Such a great way to kick off a weekend with friends, we meant to stay an hour and ended up there for 4. Mimosas pitchers were perfect and so were the queens!”
Aggregated from public reviews. Cached locally; may lag the live source by up to a week.