Red Flags to Watch for When Buying a Liquor Store in New York

What to check before you sign the purchase agreement Buying a liquor store can be a profitable venture—especially in New York, where retail liquor licenses are limited and valuable. These businesses have longevity and survive economic bad times if operated well. They...

So You’ve Signed a Contract to Sell Your Business—Now What?

Practical next steps for a smooth, successful closing Signing the contract to sell your business is a big milestone—but it’s not the finish line. There’s still important work to do to get from “signed” to “sold.” Here’s a clear, plain-language roadmap so you know what...

Why a New York Liquor Store Can Sell Corkscrews… But Not Soda

Walk into a liquor store in most states, and you’ll find what you expect—wine, spirits, mixers, snacks, maybe even a small grocery section with cheese and charcuterie products. Walk into a liquor store in New York, and you’ll notice something different almost...