bardrinking placeLicensed since 2001
The Iron Bear
Two Bears Entertainment, LLC
301 W 6th St, Austin, TX 78701 · map
What the public record says
- Licensed since 2001 (25 years)
- $1,113,330 in alcohol sales reported over the last 12 months
- Alcohol sales up 18% year over year
- Owned by an LLC
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32042667181-2 · since 2020
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #100053481 · since 2001 · Active
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #102705371 · since 2011 · Active
Estimated value
Strong$501K – $945K
Based on $1,113,330 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 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
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- The Roosevelt Room & The EleanorAustin · since 2015 · $1.4M–$2.6M
- ClubroomAustin · since 2026
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- 617 Colorado Street Opco LLCAustin · since 2023 · $236K–$445K
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$501K – $945K
Based on $1,113,330 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 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