Austin Brougham

Southern Magnolia

License Number: #722013-B

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Lubbock, Texas

About the Company

Southern Magnolia is a Lubbock-based business brokerage firm dedicated to helping business owners navigate acquisitions, sales, and business transitions across a variety of industries. In transactions involving owned real estate, our brokerage also has the capability to facilitate the sale of the associated property. The firm takes a relationship-driven approach focused on professionalism, discretion, and strategic guidance throughout the transaction process.

While Southern Magnolia is a relatively new & rapidly emerging figure in the Texas business brokerage space, the firm is led by an agent affiliated with a brokerage that has operated in Arizona for more than 40 years, providing a strong foundation of industry experience and transaction expertise.

Broker Biography

Introduction

Austin Brougham is a Business Broker and REALTOR® with Southern Magnolia Real Estate & Business Brokerage who is passionate about helping business owners successfully transition one of their most valuable assets. He believes every business has a story, and his goal is to present that story in a way that attracts the right buyer while protecting the owner's legacy and maximizing value. Austin is committed to building genuine relationships with his clients, providing honest communication, proactive marketing, and hands-on guidance throughout every stage of the transaction—from the initial conversation to the closing table.

Services Provided

We provide full-service business brokerage solutions for buyers and sellers, including business valuations, confidential marketing, buyer screening, negotiation, and transaction management. In addition to facilitating the sale of the business itself, we are also licensed to market and sell any associated commercial real estate, allowing clients to streamline the entire transaction through a single point of contact.

Areas Served

  • Dallas County, TX
  • Ector County, TX
  • El Paso County, TX
  • Lubbock County, TX
  • Midland County, TX
  • Potter County, TX
  • Randall County, TX
  • Tarrant County, TX
  • Taylor County, TX
  • Tom Green County, TX
  • Licensed In

    • Texas — License number #722013-B

    Business For Sale Listings

    $550,000
    Cash Flow: $162,770 
    Lubbock, TX 
    Beer, Wine, & Liquor Retailer | Real Estate Owned High-Visibility Liquor Store in a Prime University Trade Area Includes Real Estate

    This owner-operated liquor store in a high-traffic Lubbock location offers multiple revenue streams including liquor, beer, wine, lottery tickets, tobacco products, and convenience items. Surrounded by high density residential neighborhoods with high alcoholic consumption per-capita, the business benefits from strong daily traffic with upside potential through expanded hours & marketing. 

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