216 W VIRGINIA ST STE 102, Mckinney, TX 75069 · TABC MB200101023
Click to expand full narrative
Loyo Burger is a mixed-beverage licensed establishment at 216 W VIRGINIA ST STE 102, Mckinney, Texas (TABC MB200101023). Over the most recent 12 months it reported $211,384 in gross alcohol sales, averaging $17,615/month with a best month of $23,680. Sales mix: ~42% liquor · 50% beer · 8% wine. The building at this address is owned by EL DORADO PROPERTIES LTD (8,364 sqft, $2,772,477 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $47,350 (~22% margin). Acquisition value is estimated at $118k–$166k 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.
Texas Comptroller mixed-beverage gross receipts actual
County public records + submarket comps
Building (landlord parcel)
Loyo Burger's share
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.
Texas bar cost model applied to $211,384 gross revenue estimated
Split likely net profit across ownership estimated
Based on most-likely scenario (~$47,350 net) estimated
Public records · last checked 2026-06-18
Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.
—