Need help for a liquor license for a lounge/club

Hello. This is Damien Bosoc, Esq. I have a law office in Long Island City across from Manhattan. In New York, liquor licenses are non-transferable, meaning they are issued specifically to the current owner and premises and cannot be directly transferred to a new owner. However, there is a process that allows prospective buyers to obtain a new liquor license for the business they are purchasing. While liquor licenses in New York are not directly transferable, there is an established process for new owners to obtain a license when purchasing an existing licensed business. Following the NYSLA's requirements carefully is crucial to ensure a smooth transition and uninterrupted business operations. Feel free to reach out if you would like a consultation.

Hello! My name is Dolan and I'm happy to help. As a restaurant owner in California planning to move within the same city, you can transfer your existing liquor license to the new spot through a "premises-to-premises" transfer. This involves applying to the California Department of ABC for approval. The ABC will check both your qualifications and whether the new location fits their standards. Keep in mind, that applying doesn't guarantee approval; the ABC might deny the transfer if the new place doesn't meet their criteria. To get started, you'll need to submit specific forms and fees to your local ABC district office. The process usually includes posting a public notice at the new location for 30 calendar days and possibly informing nearby residents, depending on local rules. Typically, the whole process takes about 55 to 65 days, but it can be longer if there are protests or other issues. Remember, during the transfer process, you must follow all ABC regulations, including paying any necessary renewal fees to keep your license active. If your current place is closed for 15 consecutive days, you're required to surrender your license to the ABC within that time. However, during the surrender period, which can last up to a year, you can transfer the license to another location or person, as long as all renewal fees are paid. I hope this helps! Thanks again! Dolan .

I suggest you have an attorney review the terms of the non-compete.

It depends on the language in the joint venture agreement.

Hi there, Generally speaking, "limited liability" of LLC means that no member will be personally liable for the LLC's obligations in excess of the amount that he or she contributed, or is otherwise obligated to contribute, to the LLC. In order to enjoy this liability protection, you want to make sure that you respect the boundaries and formalities of your business by: 1. Keeping your business capitalized enough to carry out its normal business functions and meet its reasonably anticipated obligations; 2. Keeping your business assets separate from your personal assets (like not using company truck to run personal errands); 3. Having separate bank accounts; 4. and following corporate formalities like keeping records of meetings, documenting important business actions, and having an operating agreement.