← Milo All Day /

Financials

MB105654296
Dashboard › Milo All Day › Financial Intelligence

Milo All Day

1020 FRANKLIN AVE # A, Waco, TX 76701 · TABC MB105654296

Mixed Beverage Waco Market Enriched 2026-07-09
$345,202 Annual gross (L12M) ▲ 42.8% latest MoM Click for monthly detail
$28,767 Avg monthly ▲ 34.0% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $96,628/yr est. net Click for cost model
$242k–$338k Est. acquisition range 0.84× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Honky-Tonk, liquor is typically only 80–95% of total business revenue. Beer + cover charges; food minor. Estimated total revenue (rough): $363,371 – $431,502/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Milo All Day My bars

Executive Summary

Click to expand full narrative

Milo All Day is a mixed-beverage licensed establishment at 1020 FRANKLIN AVE # A, Waco, Texas (TABC MB105654296). Over the most recent 12 months it reported $345,202 in gross alcohol sales, averaging $28,767/month with a best month of $38,550. Sales mix: ~79% liquor · 7% beer · 14% wine. Applying Texas bar cost benchmarks yields an estimated annual net of approximately $96,628 (~28% margin). Acquisition value is estimated at $242k–$338k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$345,202
Avg monthly
$28,767
Best month
$38,550
May 2026
Sales mix
79% Liq
7% Beer · 14% Wine

Property & occupancy

County public records + submarket comps

Detailed property records not available for this location. Occupancy below uses submarket heuristics only.

Estimated occupancy heuristic

Est. base rent (10.5% of gross)$3,021/mo
NNN CAM / insurance$453/mo
Total occupancy$3,569/mo

Note

County property records couldn't be matched to this address. Occupancy is modeled from a revenue-based heuristic and is less accurate than a direct property record match.

Profit scenarios

Texas bar cost model applied to $345,202 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$345,202
COGS (24%)−$82,848
Labor (14%)−$48,328
Occupancy−$38,550
TX MB gross tax (6.7%)−$23,129
Utilities / ins / mktg (8%)−$27,616
Card surcharge net+$3,797
Net profit $128,528
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$345,202
COGS (27%)−$93,205
Labor (17%)−$58,684
Occupancy−$42,833
TX MB gross tax (6.7%)−$23,129
Utilities / ins / mktg (10%)−$34,520
Card surcharge net+$3,797
Net profit $96,628
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$345,202
COGS (30%)−$103,561
Labor (22%)−$75,944
Occupancy−$47,116
TX MB gross tax (6.7%)−$23,129
Utilities / ins / mktg (12%)−$41,424
Card surcharge net+$3,797
Net profit $57,825
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Milo All Day LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $96,628/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$96,628 net) estimated

Revenue multiple
$173k–$276k
0.5–0.8× gross
SDE multiple
$242k–$338k
2.5–3.5× earnings
Cap rate
$293k–$387k
25–33%
Suggested range
$242k–$338k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.

Federal court history

Public records · last checked 2026-05-27

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.