bardrinking placeLicensed since 2014
The Wheel
The Austin Wheel, LP
1902b E Martin Luther King Jr Blvd, Austin, TX 78702 · map
What the public record says
- Licensed since 2014 (12 years)
- $544,973 in alcohol sales reported over the last 12 months
- Alcohol sales down 20% year over year
- Partnership
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32054555050-1 · since 2014
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #104213364 · since 2015 · Active
- Package Store PermitTexas Alcoholic Beverage Commission · #106405914 · since 2019 · Active
Estimated value
Strong$245K – $463K
Based on $544,973 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 20% 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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- Premier Hospitality INC.Austin · since 2003
- Salty SowAustin · since 2012 · $402K–$758K
- Hoover's CookingAustin · since 1998 · $15K–$29K
- Teddy'sAustin · since 2009 · $560K–$1.1M
Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$245K – $463K
Based on $544,973 in alcohol sales reported to the Texas Comptroller over the last 12 months, down 20% 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