Riverside County Liquor License Lottery Entry Opportunity
Financial Details
- Asking Price:
- $19,315
- Profit Metric:
- null
- Location:
- CA, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing is an advertisement for participation in the California Alcoholic Beverage Control's annual liquor license lottery for Riverside County. It details the opportunity to obtain one of 25 original Type 47/48 licenses, which are essential for businesses like restaurants and bars to sell beer, wine, and spirits for on-site consumption. The cost to enter the original license lottery is $19,315, with a total estimated cost of $25,315 if successful. A similar inter-county transfer lottery is also available for $7,320. The deadline to enter is September 19th, 2025. The listing highlights significant savings compared to the current market value of $45,000 for such a license. LiquorLicense.com offers services to manage the entire application process. If unsuccessful in the lottery, the entry fee is largely refundable.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Real Estate & Lease
- Status:
- Not_included
Broker Contact
- Name:
- Michael Timo
- Company:
- LiquorLicense.com
- Phone:
- 213-417-2348
Listing Details
- Listing ID:
- 0ed05130-8231-4dd7-9d31-cf46d35fac1a
- Source Listing ID:
- 2402723
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD