← LIT MB702876
Expired - Original Required RED · Restaurant (51%+ food) Since 2008 ⚠ 2 violations

Lit

1703 TEXAS AVE, Lubbock, TX 79401 · Lubbock County
Latest receipts
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Trailing 12
$103K
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All-time peak
$151K
Oct 2008
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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 79401
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In Lubbock County
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Statewide
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2021
License issued
Dec 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: Lit
City: Lubbock, TX · Lubbock County
Address: 1703 Texas Ave, TX 79401
TABC permit number: MB702876
Permit type: CLUB (Club)
Owner / operator: West TX Social Club, L.l.c.
Trailing 12-month mixed beverage receipts: $103,397
Latest health inspection score: 98 (May 15, 2026) · Lubbock inspection
TABC violations on record: 2
Estimated business value: $125,117 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
Lit reported $0 in August 2023.

Trailing-12 receipts: $103K (0.0% YoY, 0.0% MoM). 2 open TABC violations. Located in Lubbock. Audit risk flagged as HIGH — see compliance below.

What is this club worth?

Back-of-envelope · Pro only
Low (-5% margin)
$96K
2.25× EBITDA
Mid (14% margin)Likely
$125K
3.0× EBITDA
High (32% margin)
$200K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $103,397, 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

LIT is a Mixed Beverage located in LUBBOCK, Texas. Its average monthly sales over the last 9 months were $11,489. Its highest-grossing month in that period was September 2022 with $32,950 in sales. Sales have decreased by 54% compared to earlier in the period. Its sales mix is approximately 80% liquor, 20% beer, and 0% wine. The establishment currently holds an Expired - Original Required TABC license. TABC enforcement history includes 1 drug-related violation and 1 sale-to-minor violation. Its BoozeReports audit risk score is rated high based on cash law violations, delinquent history, or irregular sales reporting patterns.

Violations · TABC enforcement

2 records
⚠ Sale to a minor 2022-06-03 · closed
1 TABC sale-to-minor citation on record.
⚠ Drug-related violation 2023-04-08 · closed
1 drug-related citation on record.
View full violation history →

ZIP 79401 performance

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Location

1703 TEXAS AVE
LUBBOCK, TX 79401
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License

Permit typeMixed Beverage
NumberMB702876
Status ● Expired - Original Required
First filing2008-10-31
Renewed2021-12-30
In business since 2008
Expires2023-09-07
Health score 98 · Lubbock inspection · May 15, 2026 →
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner West TX Social Club, L.l.c. Company →
Officers Orlando Ray Romero Manager
Sibling entities
2 other venues share an officer
Louie Louie'S · Dallas
via Ron E Wilson (Director)
Louie Louie'S · Dallas
via Ron E Wilson (Director)
Inferred from shared officer / manager filings — not a confirmed parent relationship.

Audit risk

H
HIGH
3 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent beer reporting pattern
  • 3 months with $0 reported (avg baseline $10,340/mo)
Sales-tax cross-check
Sales-tax filings $101,064 vs gross $103,397 over 9 overlapping months — gap of 2.3% (expected ~0%).
1/9 months below 85% ratio.
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Federal court history

Public records
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Peer comparison

Lubbock
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Location · LIT

1703 TEXAS AVE, LUBBOCK, TX 79401

Heatmap · ZIP 79401

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

ZIP 79401 rankings

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