How do I sell my liquor license?

Selling a liquor license in Texas can be a complex process. Whether you are selling your liquor license due to a change in ownership or closing down your business, it is important to know the steps you need to take in order to successfully sell your liquor license in Texas. We can help guide you through the process to make sure you’re taking all the steps needed.

  • Step 1: Understand the Types of Liquor Licenses in Texas
    • The first step to selling a liquor license in Texas is to understand the types of liquor licenses that are available. Texas offers a variety of liquor licenses for different types of businesses, including:
      • Retail Package Store Permit
      • Wine and Beer Retailer’s Permit
      • Beverage Cartage Permit
      • Mixed Beverage Permit
      • Private Club Registration Permit
      • Brewpub License
      • Distiller’s and Rectifier’s Permit
    • Each type of liquor license has its own rules and regulations, so it is important to know which type of license you have before you start the selling process.
  • Step 2: Determine the Value of Your Liquor License
    • The value of your liquor license will depend on a variety of factors, including the type of license you have, the location of your business, and the current market demand for liquor licenses. We can help you determine how much your license is worth. By working with us, we will help facilitate the sales process so you can focus on running your business.
  • Step 3: Advertise Your Liquor License for Sale
    • We can help you advertise your license. Utilizing our wide network of business partners, we can help you find someone who is interested, and facilitate the process.
  • Step 4: Complete the Transfer Application
    • Once you have found a buyer for your liquor license, you will need to complete a transfer application with the Texas Alcoholic Beverage Commission (TABC). This application will require you to provide information about the buyer and their business, as well as details about the sale of the license. You will also need to pay a transfer fee to the TABC.
  • Step 5: Wait for Approval
    • After you have submitted the transfer application, the TABC will review it to ensure that all requirements have been met. If everything is in order, the TABC will approve the transfer and issue a new license to the buyer. The entire process can take several weeks, so be patient.

Selling your liquor license can be a lengthy process. By working with us, you can sit back and trust that we will help you get your license sold as soon as possible. Contact us today to schedule a consultation.