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RM613121
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Mi Cocina - Legacy

5760 LEGACY DR STE B7, Plano, TX 75024 · TABC RM613121

Mixed Beverage Plano Market Enriched 2026-08-26
$1,038,144 Annual gross (L12M) ▲ 3.3% latest MoM Click for monthly detail
$86,512 Avg monthly ▼ 4.5% latest vs avg Click for monthly detail
~28% Est. net margin (likely) $291,874/yr est. net Click for cost model
$730k–$1,022k 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 Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $2,306,987 – $4,152,576/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

Click to expand full narrative

Mi Cocina - Legacy is a mixed-beverage licensed establishment at 5760 LEGACY DR STE B7, Plano, Texas (TABC RM613121). Over the most recent 12 months it reported $1,038,144 in gross alcohol sales, averaging $86,512/month with a best month of $103,752. Sales mix: ~89% liquor · 6% beer · 5% wine. The building at this address is owned by SHOPS AT LEGACY (INLAND) LP THE ATTN PROPERTY TAX DEPT (106,144 sqft, $0 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $291,874 (~28% margin). Acquisition value is estimated at $730k–$1,022k 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
$1,038,144
Avg monthly
$86,512
Best month
$103,752
Dec 2025
Sales mix
89% Liq
6% Beer · 5% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2556907
Property owner (landlord)SHOPS AT LEGACY (INLAND) LP THE ATTN PROPERTY TAX DEPT
Total building SF whole parcel — Mi Cocina - Legacy is in STE B7106,144
Mi Cocina - Legacy's footprint estimated — suite-level not on file 5,000 sf
Assessed value$0

Mi Cocina - Legacy's share

Est. base rent ~$22/sqft/yr · 5,000 sqft $9,084/mo
NNN CAM / insurance$1,363/mo
NNN property tax$0/mo
Personal property tax est — no BPP record $182/mo
Total occupancy $10,628/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 $1,038,144 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~37%
Revenue$1,038,144
COGS (24%)−$249,155
Labor (14%)−$145,340
Occupancy−$114,782
TX MB gross tax (6.7%)−$69,556
Utilities / ins / mktg (8%)−$83,052
Card surcharge net+$11,420
Net profit $387,679
Most Likely
Typical bar, light food program, full two-shift staffing
~28%
Revenue$1,038,144
COGS (27%)−$280,299
Labor (17%)−$176,484
Occupancy−$127,536
TX MB gross tax (6.7%)−$69,556
Utilities / ins / mktg (10%)−$103,814
Card surcharge net+$11,420
Net profit $291,874
Stressed
Heavy food, larger crew, higher rent
~17%
Revenue$1,038,144
COGS (30%)−$311,443
Labor (22%)−$228,392
Occupancy−$140,290
TX MB gross tax (6.7%)−$69,556
Utilities / ins / mktg (12%)−$124,577
Card surcharge net+$11,420
Net profit $175,306
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 Mico 21 Club INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $291,874/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 (~$291,874 net) estimated

Revenue multiple
$519k–$831k
0.5–0.8× gross
SDE multiple
$730k–$1.02M
2.5–3.5× earnings
Cap rate
$884k–$1.17M
25–33%
Suggested range
$730k–$1,022k
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 · Restaurant / Bar

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

We estimate this restaurant / bar pulls $2,306,987–$4,152,576/yr in total revenue (your liquor portion of $1,038,144 is roughly 25–45% 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
$2,307k–$4,153k
food + liquor + service
Estimated net (10–15%)
$231k–$623k
restaurant margin
Full-business value
$634k–$2,284k
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 2026-06-17

Lookup pending — check back tomorrow

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