restaurantfull serviceLicensed since 2015
68 Degrees
Cherry Lane Ventures, LLC
2401 Lake Austin Blvd, Austin, TX 78703 · map
What the public record says
- Licensed since 2015 (11 years)
- $418,669 in alcohol sales reported over the last 12 months
- Alcohol sales up 2886% year over year
- Owned by an LLC
Licenses and permits
- Sales and use tax permitTexas Comptroller of Public Accounts · #32056545273-1 · since 2015
- Mixed Beverage PermitTexas Alcoholic Beverage Commission · #200164143 · since 2025 · Active
Estimated value
Strong$242K – $457K
Based on $418,669 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 2886% from the year before, and alcohol typically being about 30% of sales for a full service like this. At a typical 12% owner margin and 2.18x multiple for restaurants.
Estimate, not an appraisal. How we value
Tighten this with your numbersNearby restaurants & cafés
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Record built from 1 public file. Updated 11/7/2026. Own this business? Claim the page or ask for a change.
Estimated value
Strong$242K – $457K
Based on $418,669 in alcohol sales reported to the Texas Comptroller over the last 12 months, up 2886% from the year before, and alcohol typically being about 30% of sales for a full service like this. At a typical 12% owner margin and 2.18x multiple for restaurants.
Estimate, not an appraisal. How we value
Tighten this with your numbers