▮ Crosstown Business
bardrinking placeLicensed since 2011

Driftwood Downtown

Six Colorado Venture, LTD.
319 Colorado St, Austin, TX 78701 · map

What the public record says

  • Licensed since 2011 (15 years)
  • $776,003 in alcohol sales reported over the last 12 months
  • Alcohol sales down 18% year over year
  • Partnership

Licenses and permits

  • Sales and use tax permitTexas Comptroller of Public Accounts · #32035504235-2 · since 2014
  • Mixed Beverage PermitTexas Alcoholic Beverage Commission · #102737460 · since 2011 · Active
  • Sales and use tax permitTexas Comptroller of Public Accounts · #32067114663-3 · since 2020
  • Mixed Beverage PermitTexas Alcoholic Beverage Commission · #102737460 · since 2011 · Active
Estimated value
Strong
$349K – $659K

Based on $776,003 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 18% 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

Nearby bars & taverns

Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.