← THE LIBRARY BAR LUBBOCK MB945364
Surrendered RED · Restaurant (51%+ food) Since 2016 ⚠ 2 violations Entity forfeited

The Library Bar Lubbock

1701 TEXAS AVE, Lubbock, TX 79401 · Lubbock County
Latest receipts
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Trailing 12
$565K
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All-time peak
$193K
Oct 2021
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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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2022
License issued
Aug 2022
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: The Library Bar Lubbock
City: Lubbock, TX · Lubbock County
Address: 1701 Texas Ave, TX 79401
TABC permit number: MB945364
Owner / operator: 806 Concepts, LLC
Trailing 12-month mixed beverage receipts: $565,112
Latest health inspection score: 100 (Mar 21, 2024) · Lubbock inspection
TABC violations on record: 2
Estimated business value: $304,258 (midpoint, EBITDA-multiple model)
Source: BoozeReports.com — Texas bar & alcohol-permit intelligence platform.
The Library Bar Lubbock reported $0 in November 2023.

Trailing-12 receipts: $565K (0.0% YoY, 0.0% MoM). 2 open TABC violations. Located in Lubbock. Audit risk flagged as HIGH — see compliance below.

What is this bar worth?

Back-of-envelope · Pro only
Low (-5% margin)
$144K
2.25× EBITDA
Mid (14% margin)Likely
$304K
3.0× EBITDA
High (32% margin)
$711K
3.75× EBITDA
Pro · valuation
Acquisition-grade estimate.
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Based on trailing-12-month gross of $565,112, 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

THE LIBRARY BAR LUBBOCK is a Mixed Beverage located in LUBBOCK, Texas. Its average monthly sales over the last 8 months were $70,639. Its highest-grossing month in that period was January 2023 with $121,370 in sales. Sales have decreased by 65% compared to earlier in the period. Its sales mix is approximately 78% liquor, 22% beer, and 0% wine. The establishment currently holds an Surrendered TABC license. TABC enforcement history includes 2 sale-to-minor violations. 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 2023-01-19 · closed
2 TABC sale-to-minor citations on record.
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ZIP 79401 performance

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Location

1701 TEXAS AVE
LUBBOCK, TX 79401
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License

Permit typeMixed Beverage
NumberMB945364
Status ● Surrendered
First filing2007-02-28
Renewed2022-08-03
In business since 2016
Expires2024-05-25
Health score 100 · Lubbock inspection · Mar 21, 2024 →
Sales tax filingCurrent
Entity registeredNot found
Franchise tax Below No Tax Due threshold
Owner 806 Concepts, LLC Company →
Officers Jessica Martinez Manager

Audit risk

H
HIGH
4 factors flagged
  • Inconsistent liquor reporting pattern
  • Inconsistent wine reporting pattern
  • Inconsistent beer reporting pattern
  • 4 months with $0 reported (avg baseline $56,511/mo)
Sales-tax cross-check
Sales-tax filings $563,273 vs gross $565,112 over 8 overlapping months — filings match (gap 0.3%).
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Federal court history

Public records
No federal lawsuits — past or pending
Public records, last checked 2026-07-12

Peer comparison

Lubbock
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Location · THE LIBRARY BAR LUBBOCK

1701 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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