bardrinking placeLicensed since 2004
Austin's Club Carnival
Riverside Entertainment, INC.
2237 E Riverside Dr, Ste 108, Austin, TX 78741 · map
What the public record says
- Licensed since 2004 (22 years)
- $882,455 in alcohol sales reported over the last 12 months
- Alcohol sales down 12% year over year
- Owned by a corporation
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #13522405003-1 · since 2004
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #101069914 · since 2005 · Active
Estimated value
Strong$573,000
Estimated range: $397K – $749K
Based on $882,455 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 12% 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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- Frazier'sAustin · since 2018 · $1,323,000 ($916K–$1.7M)
- ClicksAustin · since 1988
Record built from 1 public file. Updated 11/13/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$573,000
Estimated range: $397K – $749K
Based on $882,455 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 12% 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