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RM1107485
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The Celt Irish Pub

100 N TENNESSEE ST, Mckinney, TX 75069 · TABC RM1107485

Mixed Beverage Mckinney Market Enriched 2026-09-11
$1,780,145 Annual gross (L12M) ▼ 3.5% latest MoM Click for monthly detail
$148,345 Avg monthly ▼ 0.3% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $500,488/yr est. net Click for cost model
$1,251k–$1,752k 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 Pub, liquor is typically only 60–80% of total business revenue. Liquor majority with food. Estimated total revenue (rough): $2,225,181 – $2,966,908/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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The Celt Irish Pub is a mixed-beverage licensed establishment at 100 N TENNESSEE ST, Mckinney, Texas (TABC RM1107485). Over the most recent 12 months it reported $1,780,145 in gross alcohol sales, averaging $148,345/month with a best month of $179,946. Sales mix: ~63% liquor · 33% beer · 4% wine. The building at this address is owned by PIKE FAMILY INVESTMENTS LLC (3,593 sqft, $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $500,488 (~28% margin). Acquisition value is estimated at $1,251k–$1,752k 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
$1,780,145
Avg monthly
$148,345
Best month
$179,946
Mar 2026
Sales mix
63% Liq
33% Beer · 4% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID1103772
Property owner (landlord)PIKE FAMILY INVESTMENTS LLC
Total building SF3,593
Assessed value$0

The Celt Irish Pub's share

Est. base rent ~$37/sqft/yr · 5,000 sqft $15,576/mo
NNN CAM / insurance$2,336/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $312/mo
Total occupancy $18,224/mo

Occupancy analysis

All-in occupancy cost is 12.3% 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 $1,780,145 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,780,145
COGS (24%)−$427,235
Labor (14%)−$249,220
Occupancy−$196,822
TX MB gross tax (6.7%)−$119,270
Utilities / ins / mktg (8%)−$142,412
Card surcharge net+$19,582
Net profit $664,768
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,780,145
COGS (27%)−$480,639
Labor (17%)−$302,625
Occupancy−$218,691
TX MB gross tax (6.7%)−$119,270
Utilities / ins / mktg (10%)−$178,014
Card surcharge net+$19,582
Net profit $500,488
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,780,145
COGS (30%)−$534,044
Labor (22%)−$391,632
Occupancy−$240,560
TX MB gross tax (6.7%)−$119,270
Utilities / ins / mktg (12%)−$213,617
Card surcharge net+$19,582
Net profit $300,604
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 Gaelic Partners LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $500,488/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 (~$500,488 net) estimated

Revenue multiple
$890k–$1.42M
0.5–0.8× gross
SDE multiple
$1.25M–$1.75M
2.5–3.5× earnings
Cap rate
$1.52M–$2.00M
25–33%
Suggested range
$1,251k–$1,752k
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 2026-06-04

Lookup pending — check back tomorrow

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