Liquor License Transfer Guide (BC)
In British Columbia, liquor licenses are issued by the Liquor and Cannabis Regulation Branch (LCRB). When buying or selling a restaurant, pub, or retail liquor store, the transfer of the license is a critical component of the transaction.
The LCRB Process
The transfer process involves a thorough "fit and proper" assessment of the new owners. This includes criminal record checks and financial integrity reviews.
Pro Tip: Start the application process at least 60-90 days before your intended closing date to avoid delays.
Common Pitfalls
- • Failing to disclose all beneficial owners (anyone with >10% interest).
- • Unresolved compliance issues from the previous owner.
- • Incomplete floor plans or structural changes not approved by LCRB.
- • Expired Serving It Right certifications for key staff.
Need Help with a Hospitality Acquisition?
Our team specializes in the sale and acquisition of licensed establishments. We work with specialized legal counsel to ensure your license transfer is handled correctly.
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