BUSINESS
TRANSFERS (BULK SALES)
To protect both the Seller and Buyer it is important to open an escrow
for the sale or purchase of a business. Did you know that if you purchase
a business without an escrow you are subject to successors liability and
are responsible for all of the Sellers unpaid debts? When a Buyer purchases
a business through escrow, the business transfers to the Buyer free and
clear of any and all liens and the Buyer is NOT responsible for any debts
or liens of the Sellers.
LIQUOR LICENSES
To purchase a business which carries a license with the State
of California Alcoholic Beverage Control (ABC) for the sale of
alcoholic beverages, Sepulveda Escrow Corporation can assist you in
satisfying ABC requirements to successfully transfer the liquor license
and facilitate a close of escrow. Did you know that ABC requires an
escrow when transferring a liquor license? Sepulveda Escrow can assist
you when you sell or purchase a business with or without a liquor license. |