The reasons why you should not always buy an existing liquor license.

Prospective liquor license holders often wonder what is better: Buying an existing liquor license or going through the application for a new license? The Misconception Many people are under the impression that when they buy a current liquor license they can start trading immediately. The Reality This is not the case, as a matter of fact when you buy an existing license it is only valid for the premises the liquor license was issued for. This mean that buying an existing liquor license is only worth your while when you will be trading in that particular premises. Buying an existing license In the case where you buy an existing license to trade on the same premise, the license must be transferred to your name. At this point it is easier […]

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