← Blue Goose Cantina /

Financials

RM845724
Dashboard › Blue Goose Cantina › Financial Intelligence

Blue Goose Cantina

2020 N CENTRAL EXPY, Mckinney, TX 75070 · TABC RM845724

Mixed Beverage Mckinney Market Enriched 2026-07-10
$1,380,253 Annual gross (L12M) ▲ 9.5% latest MoM Click for monthly detail
$115,021 Avg monthly ▲ 10.4% latest vs avg Click for monthly detail
~21% Est. net margin (likely) $291,767/yr est. net Click for cost model
$729k–$1,021k Est. acquisition range 0.63× 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 Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $1,380,253 – $1,533,614/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Blue Goose Cantina My bars

Executive Summary

Click to expand full narrative

Blue Goose Cantina is a mixed-beverage licensed establishment at 2020 N CENTRAL EXPY, Mckinney, Texas (TABC RM845724). Over the most recent 12 months it reported $1,380,253 in gross alcohol sales, averaging $115,021/month with a best month of $144,798. Sales mix: ~78% liquor · 20% beer · 2% wine. The building at this address is owned by PETERSON GROUP LLC THE (6,893 sqft, $2,210,771 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $291,767 (~21% margin). Acquisition value is estimated at $729k–$1,021k 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
$1,380,253
Avg monthly
$115,021
Best month
$144,798
Mar 2026
Sales mix
78% Liq
20% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2007136
Property owner (landlord)PETERSON GROUP LLC THE
Total building SF6,893
Assessed value$2,210,771

Blue Goose Cantina's share

Est. base rent ~$42/sqft/yr · 5,000 sqft · Class A $17,373/mo
NNN CAM / insurance$2,606/mo
NNN property tax$1,934/mo
Personal property tax est — no BPP record $242/mo
Total occupancy $22,155/mo

Occupancy analysis

All-in occupancy cost is 19.3% 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 $1,380,253 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~31%
Revenue$1,380,253
COGS (24%)−$331,261
Labor (14%)−$193,235
Occupancy−$239,270
TX MB gross tax (6.7%)−$92,477
Utilities / ins / mktg (8%)−$110,420
Card surcharge net+$15,183
Net profit $428,773
Most Likely
Typical bar, light food program, full two-shift staffing
~21%
Revenue$1,380,253
COGS (27%)−$372,668
Labor (17%)−$234,643
Occupancy−$265,855
TX MB gross tax (6.7%)−$92,477
Utilities / ins / mktg (10%)−$138,025
Card surcharge net+$15,183
Net profit $291,767
Stressed
Heavy food, larger crew, higher rent
~9%
Revenue$1,380,253
COGS (30%)−$414,076
Labor (22%)−$303,656
Occupancy−$292,441
TX MB gross tax (6.7%)−$92,477
Utilities / ins / mktg (12%)−$165,630
Card surcharge net+$15,183
Net profit $127,156
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 Bgmxx INC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $291,767/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 (~$291,767 net) estimated

Revenue multiple
$690k–$1.10M
0.5–0.8× gross
SDE multiple
$729k–$1.02M
2.5–3.5× earnings
Cap rate
$884k–$1.17M
25–33%
Suggested range
$729k–$1,021k
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 2026-06-10

Lookup pending — check back tomorrow

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