THE MAGNOLIA LOUNGE

200 COIT RD STE 112, PLANO, TX 75075 — Collin County

TABC permit number: RM1124226 (type: Restaurant serving mixed beverages with food service requirements) — Category: Lounge

Owner / operator: THE MAGNOLIA LOUNGE INC.

License status: Expired - Original Required (expires 2023-07-06)

License first issued: 2021-07-07

Overview

The Magnolia Lounge reported $44.8K in October 2021.

Trailing-12 receipts: $134K (0.0% YoY, 0.0% MoM). Clean compliance record. Located in Plano.

Peak monthly receipts: $0 ().

Estimated valuation

Based on trailing receipts and Texas hospitality industry multiples.

Registered officers

Source: Texas Comptroller franchise tax records.

Audit risk indicators

Computed audit risk: INSUFFICIENT. Factors: Only 3 months of filed receipts on record — need at least 6 to score sales-pattern signals reliably.

About this record

Permit-level public data assembled by BoozeReports from Texas Comptroller mixed beverage receipts, TABC license registry, local health inspection feeds, and federal court records. View full interactive bar profile.