bardrinking placeLicensed since 2010
Cheer Up Charlies
Cheer Up Charlies LLC
900 Red River St, Austin, TX 78701 · map
What the public record says
- Licensed since 2010 (16 years)
- $682,075 in alcohol sales reported over the last 12 months
- Alcohol sales down 54% year over year
- Owned by an LLC
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32040692447-2 · since 2025
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #102689400 · since 2010 · Active
Estimated value
Strong$307K – $579K
Based on $682,075 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 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
- The MohawkAustin · since 2004 · $544K–$1.0M
- Hyatt House Austin-DowntownAustin · since 2022
- Hotel Indigo Austin DowntownAustin · since 2017
- Pelons/508Austin · since 2011
- Stubb's Bar-b-qAustin · since 1998 · $1.1M–$2.0M
- Holiday Inn Express & Suites Austin DowntownAustin · since 2017
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$307K – $579K
Based on $682,075 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 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