El Mejor Mexican Kitchen + Cantina

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 Mexican Restaurant, liquor is typically only 20–35% of total business revenue. Mexican restaurant. Margaritas + tequila lift the liquor share but food still dominates. Estimated total revenue (rough): $557,029 – $974,800/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.

Executive Summary

Click to expand full narrative

El Mejor Mexican Kitchen + Cantina is a mixed-beverage licensed establishment at 119 W VIRGINIA ST STE 100, Mckinney, Texas (TABC MB106830183). Over the most recent 12 months it reported $194,960 in gross alcohol sales, averaging $16,247/month with a best month of $18,689. Sales mix: ~84% liquor · 14% beer · 2% wine. The building at this address is owned by 119 W VIRGINIA ST LLC (12,425 sqft, $3,320,446 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $43,671 (~22% margin). Acquisition value is estimated at $109k–$153k 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

$194,960

Avg monthly

$16,247

Best month

$18,689

Oct 2025

Sales mix

84% Liq

14% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1097048

Property owner (landlord)119 W VIRGINIA ST LLC

Total building SF whole parcel — El Mejor Mexican Kitchen + Cantina is in STE 10012,425

El Mejor Mexican Kitchen + Cantina's footprint estimated — suite-level not on file 2,500 sf

Assessed value$3,320,446

El Mejor Mexican Kitchen + Cantina's share

Est. base rent ~$7/sqft/yr · 2,500 sqft · Class A $1,450/mo

NNN CAM / insurance$218/mo

NNN property tax$1,169/mo

Personal property tax est — no BPP record $88/mo

Total occupancy $2,924/mo

Occupancy analysis

All-in occupancy cost is 18.0% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $194,960 gross revenue estimated

Best Case

No kitchen, efficient staffing, favorable lease

~32%

Revenue$194,960

COGS (24%)−$46,790

Labor (14%)−$27,294

Occupancy−$31,584

TX MB gross tax (6.7%)−$13,062

Utilities / ins / mktg (8%)−$15,597

Card surcharge net+$2,145

Net profit $62,777

Most Likely

Typical bar, light food program, full two-shift staffing

~22%

Revenue$194,960

COGS (27%)−$52,639

Labor (17%)−$33,143

Occupancy−$35,093

TX MB gross tax (6.7%)−$13,062

Utilities / ins / mktg (10%)−$19,496

Card surcharge net+$2,145

Net profit $43,671

Stressed

Heavy food, larger crew, higher rent

~11%

Revenue$194,960

COGS (30%)−$58,488

Labor (22%)−$42,891

Occupancy−$38,602

TX MB gross tax (6.7%)−$13,062

Utilities / ins / mktg (12%)−$23,395

Card surcharge net+$2,145

Net profit $20,666

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 Landire LLC looking up officers…

Number of owners

Ownership split

Equal split (50% each)

Based on the "Most Likely" scenario net profit of $43,671/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 (~$43,671 net) estimated

Revenue multiple

$97k–$156k

0.5–0.8× gross

SDE multiple

$109k–$153k

2.5–3.5× earnings

Cap rate

$132k–$175k

25–33%

Suggested range

$109k–$153k

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.

Full-business estimate · Mexican Restaurant

If you're buying the whole restaurant, not just the bar program

We estimate this mexican restaurant pulls $557,029–$974,800/yr in total revenue (your liquor portion of $194,960 is roughly 20–35% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue

$557k–$975k

food + liquor + service

Estimated net (10–15%)

$56k–$146k

restaurant margin

Full-business value

$153k–$536k

blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-06-18

Lookup pending — check back tomorrow

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Financials

Executive Summary

Sales performance · last 12 months

Property & occupancy

Occupancy analysis

Profit scenarios

Owner income estimator

Acquisition value estimate

If you're buying the whole restaurant, not just the bar program

Federal court history