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  Owning a Liquor Store

The process of buying a liquor store can be complicated. Along with federal regulations, each state has its own regulations for operating a liquor store. A buyer must obtain required licenses. There are many rules from advertising to selling to under age customers.

Along with other expenses, realize that insurance can be quite high since liquor stores tend to have higher than average liability claims.

Just as you would investigate the background of any business, be sure to review the books, inventory, etc. Hiring an attorney familiar with state regulations along with a knowledgeable business broker will be money well spent.