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Financials

MB200084284
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The Tailor Shop

2700 S LAMAR BLVD, Austin, TX 78704 · TABC MB200084284

Mixed Beverage Austin Market Enriched 2026-07-11
$379,452 Annual gross (L12M) ▲ 9.1% latest MoM Click for monthly detail
$31,621 Avg monthly ▲ 0.3% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $84,997/yr est. net Click for cost model
$212k–$297k 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): $379,452 – $421,613/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

The Tailor Shop is a mixed-beverage licensed establishment at 2700 S LAMAR BLVD, Austin, Texas (TABC MB200084284). Over the most recent 12 months it reported $379,452 in gross alcohol sales, averaging $31,621/month with a best month of $40,982. Sales mix: ~43% liquor · 48% beer · 9% wine. The building at this address is owned by SEAMLESS LMA LTD (9,821 sqft, $2,750,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $84,997 (~22% margin). Acquisition value is estimated at $212k–$297k 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
$379,452
Avg monthly
$31,621
Best month
$40,982
Sep 2025
Sales mix
43% Liq
48% Beer · 9% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID303312
Property owner (landlord)SEAMLESS LMA LTD
Total building SF9,821
Assessed value$2,750,000

The Tailor Shop's share

Est. base rent ~$19/sqft/yr · 2,500 sqft · Class A $3,862/mo
NNN CAM / insurance$579/mo
NNN property tax$1,167/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $5,692/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 $379,452 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$379,452
COGS (24%)−$91,068
Labor (14%)−$53,123
Occupancy−$61,471
TX MB gross tax (6.7%)−$25,423
Utilities / ins / mktg (8%)−$30,356
Card surcharge net+$4,174
Net profit $122,184
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$379,452
COGS (27%)−$102,452
Labor (17%)−$64,507
Occupancy−$68,301
TX MB gross tax (6.7%)−$25,423
Utilities / ins / mktg (10%)−$37,945
Card surcharge net+$4,174
Net profit $84,997
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$379,452
COGS (30%)−$113,836
Labor (22%)−$83,479
Occupancy−$75,131
TX MB gross tax (6.7%)−$25,423
Utilities / ins / mktg (12%)−$45,534
Card surcharge net+$4,174
Net profit $40,222
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 The Tailor Shop LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $84,997/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 (~$84,997 net) estimated

Revenue multiple
$190k–$304k
0.5–0.8× gross
SDE multiple
$212k–$297k
2.5–3.5× earnings
Cap rate
$258k–$340k
25–33%
Suggested range
$212k–$297k
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 2026-07-25

No federal lawsuits — past or pending