Issue on Temporary ABC License

In this episode of Business Broker Crowd Call, we tackle a common yet challenging scenario in business transactions involving ABC (Alcoholic Beverage Control) licenses. The seller is unwilling to transfer the business until they receive full payment, but the buyer, who already has a temporary ABC license, is eager to take control and start operations. With the escrow nearing its closing date and a permanent ABC license still pending, what's the best course of action?

Join us as we discuss how to effectively handle this complicated situation. We discuss essential tips on communication between buyers and sellers, the role of escrow companies, and how to negotiate a seamless transition. Whether you're a buyer, seller, or business broker, this video provides invaluable insights to ensure a smooth and successful business transfer despite the provisional status of an ABC license.



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