← FAST EDDIES MB606229
Surrendered RED · Restaurant (51%+ food) Since 2005

Fast Eddies

7301 UNIVERSITY AVE STE 400, Lubbock, TX 79423 · Lubbock County
Latest receipts
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Trailing 12
$786K
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All-time peak
$140K
Mar 2016
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Liquor split
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Per open day
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est. 30 days
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How they stack up

In Lubbock
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In ZIP 79423
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In Lubbock County
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Statewide
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2021
License issued
Aug 2021
Source: BoozeReports.com provides Texas bar, restaurant, and alcohol permit intelligence — including mixed beverage sales, license details, compliance signals, violations, ownership, and estimated business value.
Plain-text summary (for AI / quick reference)
Business name: Fast Eddies
City: Lubbock, TX · Lubbock County
Address: 7301 University Ave Ste 400, TX 79423
TABC permit number: MB606229
Permit type: BAR (Bar)
Owner / operator: 7302 Eddie - Fe, LLC
Trailing 12-month mixed beverage receipts: $785,879
Latest health inspection score: 91 (Aug 10, 2026) · Lubbock inspection
Estimated business value: $390,804 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Fast Eddies reported $30.4K in July 2022.

Trailing-12 receipts: $786K (-42.4% YoY, -59.5% MoM). Clean compliance record. Located in Lubbock.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$168K
2.25× EBITDA
Mid (14% margin)Likely
$391K
3.0× EBITDA
High (32% margin)
$957K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $785,879, applying contribution margins of -5–32% and EBITDA multiples of 2.25–3.75×. Confidence: low. Not a formal appraisal — anchor for diligence conversations.

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Sales history · monthly gross receipts

Monthly filings · last 12

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Month Total Liquor Beer Wine MoM
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About this establishment

FAST EDDIES is a Mixed Beverage located in LUBBOCK, Texas. In July 2022, it reported $30,415 in total mixed beverage sales. Its average monthly sales over the last 12 months were $65,490. Its highest-grossing month in that period was March 2022 with $92,947 in sales. Sales have remained relatively stable. Its sales mix is approximately 61% liquor, 39% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. Its BoozeReports audit risk score is rated low with no significant compliance concerns detected.

ZIP 79423 performance

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Location

7301 UNIVERSITY AVE STE 400
LUBBOCK, TX 79423
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License

Permit typeMixed Beverage
NumberMB606229
Status ● Surrendered
First filing2007-01-31
Renewed2021-08-10
In business since 2005
Expires2023-08-25
Health score 91 · Lubbock inspection · Aug 10, 2026 →
Sales tax filingCurrent
Entity registeredActive
Franchise tax Below No Tax Due threshold
Officers Robert Wilson President

Audit risk

L
LOW
No flags detected
Sales-tax cross-check
Sales-tax filings $785,879 vs gross $785,879 over 12 overlapping months — filings match (gap 0.0%).
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Federal court history

Public records
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Peer comparison

Lubbock
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Location · FAST EDDIES

7301 UNIVERSITY AVE STE 400, LUBBOCK, TX 79423

Heatmap · ZIP 79423

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Comparative gross-receipt heatmap for permits within ~1 mile. Brighter = higher monthly receipts.

ZIP 79423 rankings

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