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 numbersNearby bars & taverns
- Coconut ClubAustin · since 2019
- LuxxAustin · since 2025 · $67K–$127K
- Oilcan'sAustin · since 2018 · $834K–$1.6M
- The One Across The StreetAustin · since 2019
- Rain On 4thAustin · since 2002 · $1.3M–$2.5M
- Twins ClubAustin · since 2025 · $685K–$1.5M
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
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