Purchase a Liquor License
The Right Way
Facilitating Transactions Between Eligible Buyers & Sellers
Exploring various options and strategies is crucial when navigating California liquor license transactions. Whether you’re concluding a project or embarking on a new venture, our assistance can be invaluable.
How It Works
In California, liquor licenses are restricted and allocated based on county population per capita. Annually, the Department of Alcoholic Beverage Control assesses population growth and may sporadically distribute new licenses via county-wide lotteries, albeit not in all counties.
When a restaurant, bar, or hotel no longer requires their license, they must return it to the ABC. Within a year, they must inform the ABC of their intent to transfer it elsewhere or sell it.
Key Principles When Working with a License Broker
Trust: We prioritize building trust with our clients, ensuring transparency and reliability in every interaction.
Transparency: We provide up-to-date information, fostering clear communication and informed decision-making.
Technology: Our proprietary database offers real-time updates on license transfers, enhancing efficiency and accuracy.
Value: We deliver value through trust and timely action, guiding clients seamlessly through the application process.
Expertise: With experienced specialists and comprehensive data, we negotiate fairly for both buyers and sellers.
Get in touch with one of our specialists at no cost.
Complete the form below to begin today!
Qualified Buyers
Time is Money
Transferring licenses is intricate and time-sensitive. A single error can significantly delay the process, emphasizing the importance of timing.
An Eligible Buyer
Each license buyer varies, so ensuring qualification is pivotal. Consider:
- Lease signed for the new project site.
- Building permits approved or construction underway (50% completion minimum).
- New business launch expected within 3-6 months.
- Conditional Use Permit (CUP) secured or in progress locally.
- Business entity holds good standing with the Secretary of State.
- Robust Capitalization Table verified by CPA, broker, or legal counsel.
- Project team readiness (Executive Chef, bar manager, etc.)
Qualified Sellers
Fair Market Valuation
Our expertise lies in establishing real-time fair market valuations across California, factoring in weekly and monthly price fluctuations.
Qualified Sellers
Not every seller aligns with the same criteria. Key considerations include:
- Current and up-to-date license status with the Dept of ABC.
- Active business entity status with the Secretary of State.
- Absence of tax holds on the license for any listed partners.
- Familiarity with the escrow process and willingness to be patient.
- Trust in the broker to represent interests and secure the best fair market value.
Selecting the Ideal License Broker
Not All Brokers Are Equal
Given the limited availability of licenses, it’s crucial to choose your broker wisely. We recommend working with a single broker to avoid artificial inflation of prices caused by multiple brokers searching for licenses simultaneously in the same county.
Trust Our Expertise
Contact us today to find out how we can help!
USA Liquor License
800-799-9081
[email protected]