restaurantfull serviceLicensed since 2006
Lambert's Downtown Barbecue
Lambert's Downtown Barbeque, LTD.
401 W 2nd St, Austin, TX 78701 · map
What the public record says
- Licensed since 2006 (20 years)
- $1,553,251 in alcohol sales reported over the last 12 months
- Alcohol sales down 9% year over year
- Partnership
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #10617411391-1 · since 2009
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #101285067 · since 2006 · Active
Estimated value
Strong$1,298,000
Estimated range: $899K – $1.7M
Based on $1,553,251 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 9% from the year before, and alcohol typically being about 30% of sales for a full service like this. At a typical 12% owner margin and 2.18x multiple for restaurants.
Estimate, not an appraisal. How we value
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Record built from 1 public file. Updated 11/13/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$1,298,000
Estimated range: $899K – $1.7M
Based on $1,553,251 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 9% from the year before, and alcohol typically being about 30% of sales for a full service like this. At a typical 12% owner margin and 2.18x multiple for restaurants.
Estimate, not an appraisal. How we value
Tighten this with your numbers