How do I find a liquor store for sale?
Few liquor stores are listed at any moment, and many change hands quietly. Combine listing-site alerts, brokers who handle licensed retail, and polite direct approaches to owners, then screen each find early for lease runway and whether the licence can move, which you should put to your lawyer.
Searching for a liquor store is slower than searching for most businesses, because the supply is thin. Owners sell quietly to protect staff and suppliers, and some sales never reach a public listing. Build a short routine that checks several, and decide your screening questions before the first call so that you can say no quickly.
Listings and alerts
Consider saved searches and alerts on business-for-sale sites. Search under several names, such as liquor store, wine shop and beer and wine retailer. Keep notes on what you see, because the same store sometimes reappears with new wording. How do I find a business to buy covers the wider channels.
Brokers and direct approaches
Ask brokers whether they handle retail and licensed businesses, and what they have coming that is not yet public. Brokers act for the seller, so ask them early how they qualify buyers. You can also approach owners directly. A short, respectful note that explains who you are and what you are looking for works better than a cold pitch, and many owners will simply say not now.
Screen early for the two big questions
Before you spend time on financials, ask how much lease time remains and whether the landlord will agree to a new tenant. Then ask whether the licence can move to a buyer and what the regulator needs. That second question belongs with your lawyer. Can I transfer my liquor licence explains how to start.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideBuying a Liquor and Beer Retailer in Canada
- Expert answerDoes a buyer need its own licence before the sale closes?
- GuideHow to buy a liquor store or licensed bar in Ontario: licences, ownership rules and what transfers
- GuideHow to buy a liquor store or licensed bar in Saskatchewan: licences, ownership rules and what transfers
- Expert answerIs owning a liquor store a good fit for me?
- Expert answerWhat costs come with buying a liquor store besides the price?
- Expert answerWhat should I check before buying a wine store?
- Expert answerWhat should I do in the first months after buying a liquor store?
Legal
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Alberta Gaming, Liquor and Cannabis CommissionRegulatorRetail Liquor Store Handbook
- 04Government of Nova ScotiaGovernmentTransfer a Permanent Liquor Licence to new owners
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.