bardrinking placeLicensed since 2008
Shangri-la
Shangri-la Atx, L.L.C.
1016 E 6th St, Austin, TX 78702 · map
What the public record says
- Licensed since 2008 (18 years)
- $1,689,605 in alcohol sales reported over the last 12 months
- Alcohol sales down 13% year over year
- Owned by an LLC
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32037771089-1 · since 2008
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #101947855 · since 2008 · Active
Estimated value
Strong$760K – $1.4M
Based on $1,689,605 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 14% 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
- Shangri-laAustin · since 2021
- Hen House AustinAustin · since 2025
- Hen HouseAustin · since 2022
- OkoAustin · since 2021 · $37K–$69K
- WonderlandAustin · since 2013
- Bluff'sAustin · since 2025 · $167K–$314K
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$760K – $1.4M
Based on $1,689,605 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 14% 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