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Financials

MB200150041
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Ghazal Lounge

4051 S CUSTER RD STE 1110, Mckinney, TX 75070 · TABC MB200150041

Mixed Beverage Mckinney Market Enriched 2026-07-12
$386,248 Annual gross (L12M) ▼ 2.2% latest MoM Click for monthly detail
$32,187 Avg monthly ▼ 0.2% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $86,520/yr est. net Click for cost model
$216k–$303k Est. acquisition range 0.67× 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 Lounge, liquor is typically only 75–90% of total business revenue. Mostly bar program. Estimated total revenue (rough): $429,164 – $514,997/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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Ghazal Lounge is a mixed-beverage licensed establishment at 4051 S CUSTER RD STE 1110, Mckinney, Texas (TABC MB200150041). Over the most recent 12 months it reported $386,248 in gross alcohol sales, averaging $32,187/month with a best month of $36,366. Sales mix: ~69% liquor · 29% beer · 2% wine. The building at this address is owned by FLORENCE RETAIL LLC (3,723 sqft, $1,277,500 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $86,520 (~22% margin). Acquisition value is estimated at $216k–$303k 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
$386,248
Avg monthly
$32,187
Best month
$36,366
Dec 2025
Sales mix
69% Liq
29% Beer · 2% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID2898757
Property owner (landlord)FLORENCE RETAIL LLC
Total building SF whole parcel — Ghazal Lounge is in STE 11103,723
Ghazal Lounge's footprint estimated — suite-level not on file 2,500 sf
Assessed value$1,277,500

Ghazal Lounge's share

Est. base rent ~$19/sqft/yr · 2,500 sqft · Class A $3,990/mo
NNN CAM / insurance$598/mo
NNN property tax$1,118/mo
Personal property tax est — no BPP record $88/mo
Total occupancy $5,794/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 $386,248 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$386,248
COGS (24%)−$92,700
Labor (14%)−$54,075
Occupancy−$62,572
TX MB gross tax (6.7%)−$25,879
Utilities / ins / mktg (8%)−$30,900
Card surcharge net+$4,249
Net profit $124,372
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$386,248
COGS (27%)−$104,287
Labor (17%)−$65,662
Occupancy−$69,525
TX MB gross tax (6.7%)−$25,879
Utilities / ins / mktg (10%)−$38,625
Card surcharge net+$4,249
Net profit $86,520
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$386,248
COGS (30%)−$115,874
Labor (22%)−$84,975
Occupancy−$76,477
TX MB gross tax (6.7%)−$25,879
Utilities / ins / mktg (12%)−$46,350
Card surcharge net+$4,249
Net profit $40,942
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 La Mexindo LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $86,520/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 (~$86,520 net) estimated

Revenue multiple
$193k–$309k
0.5–0.8× gross
SDE multiple
$216k–$303k
2.5–3.5× earnings
Cap rate
$262k–$346k
25–33%
Suggested range
$216k–$303k
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 2026-08-29

Lookup pending — check back tomorrow

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