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Austin’s Parish sells on eBay for $376,000

The 430-cap. Parish ended its ten-day eBay auction on Sunday, netting almost $400,000 for former leaseholder ATX Brands

By IQ on 13 Dec 2017

The Parish, Austin

image © ATX Brands/The Parish

The Parish, the Austin, Texas, venue listed for sale on eBay, has sold to an undisclosed bidder for US$376,000.

The auction – which included the business, a 12-year lease on the venue, the chance to renew its alcohol licence and its current bookings, bar and sound equipment – ended on Sunday 10 December after 239 bids by 37 bidders. Doug Guller, founder of former Parish operator ATX Brands, decided earlier this year to sell his live music venues to concentrate on growing ‘breastaurant’ brands Bikini’s and Happy Chicks.

In July ATX sold outdoor music venue Scoot Inn to Austin-based promoter C3 Presents.

According to the Austin Chronicle, the 430-cap. Parish (pictured) garnered $250,000 in bids over the first three days, then stagnated for five days before taking before reaching the $375,000 mark on Friday. The reserve price for the listing appears to have been between $240,000 and $250,000.

 


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