Liquor Stores for Sale in San Carlos, CA

California Liquor Store Market Insight

California liquor store valuations are heavily influenced by ABC license type and local moratorium status. Type 21 off-sale general licenses (full spirits) are significantly more valuable than Type 20 beer-and-wine licenses. In moratorium markets — including many neighborhoods in Los Angeles, San Francisco, and Sacramento — existing ABC licenses can be worth $200,000 to $1M+ separately from the underlying business, as no new licenses are being issued. Most California independent liquor stores under $2M trade at 2.5x to 4x seller's discretionary earnings plus inventory at cost. License transfer in California typically takes 60-120 days through the ABC and requires escrow. High-volume urban locations in Los Angeles, Oakland, and Fresno generating $75,000 to $120,000+ in monthly gross sales are among the most sought-after opportunities on BizBen.