How to Get a California Liquor License Worth over $200,000 for Just $12,000
On April 8, 2008, a liquor license sold for $210,000.00 in Placer County California. Liquor licenses in many other CA counties routinely sell in the $50,000-$100,000 range effectively putting smaller restaurants at a huge disadvantage to the national restaurant chains who have deep pockets
“Small restaurant operators, the ma and pa types, are having a hard time, especially in this rough economic climate” says Jon C. Mejia, Senior Analyst with the American Liquor License Exchange (Amlex), a national, liquor license-brokering firm. “So the annual state liquor license ‘lottery’ is the best bet for the small guys to even the playing field.”