How To Transfer a Liquor License in Ohio
If you found this article, you may be wondering how to properly transfer a liquor license in Ohio. To begin, you should know that in Ohio, a liquor license cannot be transferred by itself – but must be transferred along with assets and goodwill of an existing business. Ohio Administrative Code 4301:1-1-14 governs these transfer and states:
a transfer must be in connection with the bona fide sale of the business or personal property assets of such permit holder and the other person and the location meet all other requirements under rule and law.
Well it’s not exactly clear how many assets must be transferred to qualify as a bona fide sale, most asset transfers include things such as stock and inventory, tables and chairs, and other food or beverage equipment. The key is that you cannot just sell a permit – but instead must compensate the seller for the assets that are transferred along with the permit. In general, there are 5 main categories of liquor license transfers:
- Transfer of ownership at the same location;
- Transfer of location of an existing business;
- Transfer of ownership and location;
- Transfer of shares of stock in a corporation;
- Transfer of membership interest in a limited liability company.
Dennis E. Sawan
Licensed in Ohio and Florida
Dennis P. Sawan
Licensed in Ohio and Georgia
Christopher A. Sawan
Licensed in Ohio and Michigan
Contact an Attorney today to discuss your case.
At Sawan & Sawan, we offer free initial consultations. We represent clients in Ohio, Georgia, Michigan and Florida. From our family to yours.
Request A Call
There are ten main steps in the transfer of a liquor license. Since the regulatory process can be confusing to first time buyers and sellers, we recommend seeking legal counsel to aid in the transfer process. In sum, the 10 steps for the transfer of a liquor license is as follows:
Step 1
Step 2
Step 3
Step 4
Step 5
Step 6
Step 7
Step 8
Step 9
Step 10
Dennis E. Sawan
Licensed in Ohio and Florida
Dennis P. Sawan
Licensed in Ohio and Georgia
Christopher A. Sawan
Licensed in Ohio and Michigan
Contact an Attorney today to discuss your case.
At Sawan & Sawan, we offer free initial consultations. We represent clients in Ohio, Georgia, Michigan and Florida. From our family to yours.
Request A Call
Videos
More Content
discover our latest Articles
Pain and Suffering For Injuries in Ohio If you are injured in an accident which was not your fault, you may be entitled to compensation
How to Get an Alcoholic Beverage Permit in Florida Alcohol sales are big business in Florida – netting the State over $1.9 billion dollars annually. Florida
Common Back Injuries After a Car Accident Due to the sudden force involved in a typical car accident, back injuries are very common in vehicle
Ohio Workers Compensation and Third-Party Injury Claims After an Accident In general, when you are in an accident while in the scope of your employment,
Standards of Care in Injury Lawsuits The applicable standard of care in an injury case is a standard that would be exercised by a reasonable
The Average Personal Injury Verdict in Ohio If you or a loved one have been injured – you may be wondering about the value of
Related Pages
Car Accident Lawyers
Ohio Car Accident Lawyers
Toledo Ohio Car Accident Lawyers
Columbus Ohio Car Accident Lawyers
Cleveland Ohio Car Accident Lawyers
Georgia Car Accident Lawyers
Savannah Georgia Car Accident Lawyers
Florida Car Accident Lawyers
Jacksonville Florida Car Accident Lawyers
Michigan Car Accident Lawyers
Personal Injury Lawyers
Ohio Personal Injury Lawyers
Toledo Ohio Personal Injury Lawyers
Columbus Ohio Personal Injury Lawyers
Cleveland Ohio Personal Injury Lawyers
Georgia Personal Injury Lawyers
Savannah Georgia Personal Injury Lawyers
Florida Personal Injury Lawyers
Jacksonville Florida Personal Injury Lawyers
Michigan Personal Injury Lawyers