NOT DISCLOSED, Texas
| Asking Price |
$100,000 |
Year Established |
2025 |
|
| Annual Revenue |
$84,000 |
Reason for Selling |
Seller's Spouse has been promoted requiring a relocation. |
|
| Annual P/L |
$0 |
Attention |
Tanner Noble |
|
| Annual Cash Flow |
$99,418 |
Listing Number |
1018480 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
This is a recently opened bar and nightlife venue in Lubbock's downtown entertainment district, built to serve college students and young professionals ages 21–40. The business generates revenue primarily through full-service beverage sales (liquor, beer, cocktails, wine, and non-alcoholic options), supported by DJ-driven nights, themed events, special promotions, and private-party bookings in an approximately 8,000 sq. ft. leased space. The opportunity is built as a turnkey handoff. The venue build-out, brand concept, POS system, vendor relationships, social media accounts, promotional materials, and a trained 19-person part-time team are already in place, so a buyer can step in and focus on marketing, programming, and growing traffic rather than pre-opening setup. The current owner is actively involved, putting in 50–60 hours per week to manage day-to-day operations — meaning there is real upside for a buyer who can systematize and delegate. The seller is offering 12 weeks of training at no additional cost along with a 5-year, 300-mile non-compete.
Property Features and Assets:
Market Competition and Expansion:
<p>The competitive set includes other downtown bars, college-oriented nightlife venues, and entertainment spots competing for the same student and young professional spend. This venue aims to stand out through a distinct branded identity, DJ and themed-night programming, and a substantially built-out space with private-event capacity, positioning it as a destination rather than a commodity drinks-only bar.<br><br>Its strongest advantage is that the hard startup work is done: the space, systems, and staff are already in place. The main watchpoints are the short operating history and no owner benefit to date, slower summer months tied to the student calendar, a stepped lease (roughly $8,000 rising to about $10,000 per month through May 2033), and the need to transfer owner-held duties such as scheduling, ordering, accounting, and marketing, since the current general manager role is held by ownership and will not remain after the sale.<br></p><p>The most immediate upside comes from using what is already built. A buyer can push brand awareness among Texas Tech students (42,000+ enrolled), recent graduates, and young professionals, run a more consistent weekly event calendar to drive repeat traffic, grow private-party and venue-booking revenue, and build local business and community partnerships. The seller notes the business still has a largely untapped marketing audience, meaning the venue was built first and marketed second.<br><br>With added investment or management focus, a buyer could add a food option (food truck vendor, in-house kitchen, or both, as the space supports either), scale paid digital and influencer campaigns more systematically, refine the beverage mix and promotions based on margins, and add management depth to create a less hands-on operating model.<br> <br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity