To sell a Liquor License in California the licensee must find a qualified buyer. The Buyer must have a premise to place the license and money to fund escrow. It is illegal to transfer a Liquor License without opening an escrow. The Buyer must be diligent and complete an application to be submitted to the ABC.
The most DIFFICULT part of selling a Liquor License is finding a qualified buyer who is serious. If you are having trouble locating a buyer contact a Broker who has clients throughout California. Larger Firms that have offices with Brokers and Proccessors can get your deal done quicker and for a better price because of their connections to Major clients who are willing to pay top dollar.
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