bardrinking placeLicensed since 1993
Cheers Shot Bar
Cyroos, INC.
416 E 6th St, Austin, TX 78701 · map
What the public record says
- Licensed since 1993 (33 years)
- $291,983 in alcohol sales reported over the last 12 months
- Alcohol sales down 34% year over year
- Owned by a corporation
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #17429170982-1 · since 1999
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #100007402 · since 1993 · Active
Estimated value
Strong$131K – $248K
Based on $291,983 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 34% 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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- Voodoo RoomAustin · since 2013 · $480K–$905K
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$131K – $248K
Based on $291,983 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 34% 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