Ever Wanted To Buy A Liquor Store? Here's 7 Steps To Buying One
on 12/11/10 at 10:00 amBooze News
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store for sale. These seven steps will put you on the right track to buy a liquor store legally.
Determine Your Eligibility
The U.S. Department of Treasury’s Alcohol and Tobacco Trade Bureau requires every seller and wholesaler of wine and spirits to register, pay special taxes and keep very detailed records of inventory and sales. Before making the decision to buy a liquor store business, it is important to consider the increased taxes associated with its operation. You will also have to check your personal eligibility for ownership.