California Liquor License

Guide to Buying or Selling a Liquor License in California

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Guide Buying or Selling
 
  1. Determine the License Type:
Start by identifying the specific type of license required. Different establishments demand different permits—beer and wine, full liquor, catering, etc.
  1. Explore Available Licenses:
    Begin the search for available licenses. Brokers, online listings, and licensing agencies are good resources to explore.
  1. Conduct Due Diligence:
Perform a thorough investigation of the license’s history, current status, and any limitations. It’s essential to understand what you’re acquiring.
  1. Negotiate Terms:
Negotiate the terms of the deal—price, payment structure, and any additional conditions.
  1. Complete Paperwork:
Initiate the application process with the California Alcoholic Beverage Control (ABC). Expect various forms and document submissions.
  1. Fulfill Public Requirements:
Comply with public posting requirements or community notifications, if necessary.
  1. Await ABC Approval:
The ABC reviews your application, verifying compliance and potentially conducting an investigation.
  1. Finalize the Transaction:
Once the ABC approves, finalize the transaction by clearing any pending fees.
  1. Post-License Compliance:
Congratulations on obtaining the license! Now, ensure adherence to regulations, responsible service, and operational compliance.
  1. Seek Professional Guidance:
Given the complexities, consider consulting experts such as lawyers or industry professionals for additional guidance. For a smoother and guided experience through this process, License Gold provides expert assistance at every step.