What to Expect After Selling Your Liquor Store Once your store has officially changed hands, there are a few final steps that can help make the transition as smooth and complete as possible. Some of these may be required, depending on your location or agreements, but many are simply recommended based on experience to help ensure everything is wrapped up cleanly and both sides move forward with clarity and confidence. This checklist, featured in The Advisor – Issue #48, outlines post-sale steps that can help sellers close out remaining responsibilities and hand off the business with peace of mind. 1. […]

The Investment That Helps You Sell Smarter: Breaking Down Our Fee In this industry, every move matters. When it comes time to sell your liquor store or liquor license, choosing the right partner can make all the difference. Working with Liquor Store Advisor and Liquor License Advisor means gaining access to a trusted team with decades of experience, a powerful network of qualified buyers, and a deep understanding of what drives successful transactions. Our fee reflects the hands-on expertise, strategic marketing, and full-service support we provide from start to finish. In many cases, our involvement not only leads to stronger […]

Pressure On For Boston Pocket Licenses? The Joint Committee On Consumer Protection & Professional Licensure held its hearing on Oct. 2, 2023 for proposed Bill H.3741 and Bill S.2380 which are seeking an additional 250 licenses across 10 specific zip codes in the next 5 years, should it become law. One of the issues that arose during the hearing around the 1:00:45 to 1:05:50 mark addressed the term “pocket” licenses, which are inactive liquor licenses being held by owners and/or landlords which go against the city’s guidelines for license use. To read the full article – check out The Advisor […]

Year In Review & Alcohol Predictions For 2023 We had a question and answer session with Dan Newcomb of Liquor License Advisor about the year that’s past and what’s to come for the liquor license industry in 2023. What was the most common question you got from liquor store owners in 2022? What about restaurant owners? Over the course of 2022, the most common question that has been a theme amongst liquor store owners is how to maximize the sale price of their store, having sales trending downward since the pandemic. Potential buyers have been requesting 2022 sales because they […]

Confidentiality is really important from a seller’s perspective but marketing and talking to people about a business to sell it is crucial. It is understandable that you want it to be kept really quiet but you want everybody to know about it. The fact is that we only want the people that should know about it to know about it. As soon as you start talking to people, confidentiality becomes a big concern. The best thing that you can do is work with your team and start to desensitize them for when they hear that the business is for sale. […]

More Liquor Licenses Likely Coming To Boston For On Premise Use Home Rule Petition Coming To The City of Boston A Home Rule Petition was filed on April 1, 2022 regarding the allocation of liquor licenses in the City of Boston, as supporters of the petition argue that there is a disproportionate distribution of liquor licenses across the city and that “the well-documented racial wealth gap in Boston shows that it is crucial for MWBE’s [Minority/Women-Owned Business Enterprises] to have equitable access to liquor licenses in order to advance economic equity”. The petition requests that 200 non-transferable licenses (meaning that […]