bardrinking placeLicensed since 2023
Azure Lounge
Midwest Advantage LLC
12530 Research Blvd, Austin, TX 78759 · map
What the public record says
- Licensed since 2023 (3 years)
- $665,443 in alcohol sales reported over the last 12 months
- Alcohol sales up 54% year over year
- Owned by an LLC
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32092293896-1 · since 2023
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #200127594 · since 2024 · Active
Estimated value
Strong$299K – $565K
Based on $665,443 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 54% from the year before, and alcohol typically being about 85% of sales for a drinking place like this. At a typical 20% owner margin and 2.76x multiple for bars.
Estimate, not an appraisal. How we value
Tighten this with your numbersNearby bars & taverns
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Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$299K – $565K
Based on $665,443 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 54% from the year before, and alcohol typically being about 85% of sales for a drinking place like this. At a typical 20% owner margin and 2.76x multiple for bars.
Estimate, not an appraisal. How we value
Tighten this with your numbers