We very much like what we see in Lubbock, TX as a good place for a service business. The city is a very well designed and laid out town with growth in the 4-5% per year range, growth in the Northwest quadrant of the city is steady and good. We are bullish on Lubbock and see how a service company could advance forces into the area to seize market share. There is excellent labor there due to the colleges and a strong growing middle class with younger families. Retail sector is good as well along the Northwest outer ring. All is good on the home front there for any small business, but particularly a strong service company with growing ambitions since there is lots of good college labor from Texas Tech. Although the kids drive too fast, that just means that an auto service business will also do good there. Recently my company hired a great Blitz Marketing Team guy from Lubbock, he had detailed cars there during his college days and he said the business was good. He was exceptional with customers and had many friends who wanted jobs and were not afraid to work. Additionally we met a gentleman who built a coin-op carwash there and just finished, it was packed with customers and well placed, as the money is flowing on the North West side. Manufacturing and processing plants provide a good economic base and the Industrial section is also doing quite well when pitted against other US cities of the same or near the same size. A service company will find a good home in Lubbock and should go for it there if the opportunity presents itself. Think about it, think Lubbock. |
