A liquor license can be an important component of a restaurant or bar transaction. Billy Creagh helps clients discuss restaurant business and property opportunities where a license forms part of the proposed sale or operating plan.
The license, real estate, business assets and lease may have separate terms and approvals. Understanding the proposed structure early helps clients identify the information and professional advice needed before proceeding.
Billy’s published Mixto transaction involved the restaurant business, real estate and liquor license. License availability, transfer eligibility and approvals require confirmation for each transaction.