Surrendered BLUE · Bar Since 2010

Violet Crown Cinema

434 W 2ND ST, Austin, TX 78701 · Travis County
Latest receipts
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Trailing 12
$304K
…
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All-time peak
$90K
Aug 2013
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Austin
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In ZIP 78701
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In Travis County
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Statewide
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2022
License issued
Aug 2022
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: Violet Crown Cinema
City: Austin, TX · Travis County
Address: 434 W 2nd St, TX 78701
TABC permit number: MB751985
Permit type: BAR (Bar)
Owner / operator: Vcc Beverage Company LLC
Trailing 12-month mixed beverage receipts: $303,887
Latest health inspection score: 82 (Jul 25, 2023) · Austin inspection
Estimated business value: $202,905 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Violet Crown Cinema reported $11.6K in December 2023.

Trailing-12 receipts: $304K (-40.9% YoY, -53.4% MoM). Clean compliance record. Located in Austin.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$117K
2.25× EBITDA
Mid (14% margin)Likely
$203K
3.0× EBITDA
High (32% margin)
$422K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $303,887, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Active filings under a newer permit

TABC has been receiving sales filings for this location under a different permit number (most recent: Aug 2026). The legacy permit on this page stopped filing — full history lives on the active permit's page.

View active permit · MB200116976 →

Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

VIOLET CROWN CINEMA is a Mixed Beverage located in AUSTIN, Texas. In December 2023, it reported $11,615 in total mixed beverage sales. Its average monthly sales over the last 12 months were $25,324. Its highest-grossing month in that period was July 2023 with $53,827 in sales. Sales have remained relatively stable. Its sales mix is approximately 49% liquor, 21% beer, and 30% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 78701 performance

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Location

434 W 2ND ST
AUSTIN, TX 78701
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License

Permit typeMixed Beverage
NumberMB751985
Status ● Surrendered
First filing2010-08-31
Renewed2022-08-08
In business since 2010
Expires2024-07-06
Health score 82 · Austin inspection · Jul 25, 2023 →
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers William S Banowsky Jr Mgr
Sibling entities
4 other venues share an officer
Violet Crown · Dallas
via William S Banowsky Jr (Mging Memb)
River Oaks Cinema Bar · Houston
via William S Banowsky Jr (Secretary)
Inwood Lounge · Dallas
via William S Banowsky Jr (Secretary)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $303,886 vs gross $303,887 over 12 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
Lookup pending — check back tomorrow
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Peer comparison

Austin
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Location · VIOLET CROWN CINEMA

434 W 2ND ST, AUSTIN, TX 78701

Heatmap · ZIP 78701

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

ZIP 78701 rankings

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