We Protect the Value of Your Michigan Liquor License
If you're thinking of acquiring, establishing or operating a Michigan bar, restaurant or other retail establishment, you should understand that the cost of the business is one thing, and the value of the liquor license that can drive its profits is quite another. At Adkison, Need, Allen, & Rentrop, our full-service representation for companies involved with any aspect of the liquor industry includes special attention to the constant challenge of keeping your license in full compliance.
Contact a lawyer at our office in Bloomfield Hills to learn how our advice can protect the value of your liquor license. Any transaction involving a transfer of a liquor license must be reported to the Michigan Liquor Control Commission (MLCC), and the simple failure to do so can destroy the value of the license in the hands of the purchaser or assignee. Our counsel can help you avoid this problem or any other difficulty that can threaten your liquor license.
We can help you stay compliant with state and local laws and regulations
Among the many services we provide for current and prospective Michigan liquor license holders are the following:
- Negotiation and documentation of the purchase and sale of businesses
- Business valuation and due diligence
- Registration and reporting requirements
- City, township or village approvals
- Liquor regulation training programs for your managers and employees
- Business succession planning for license holders
- Response to notices of violation, investigative inquiries or enforcement proceedings
- Tax appeals
The advice of a knowledgeable lawyer is indispensable for any business engaged in continuing liquor operations from gas stations and liquor stores to full-service bars and restaurants. We also advise promoters of golf or bowling tournaments or special events where liquor or beer will be sold.
In Southeast Michigan, a liquor license can be worth up to $1,000,000
Our Liquor Team have established a reputation as one of Michigan's leading liquor licensing attorneys. They serve a statewide clientele and provide ongoing counsel to businesses as well as representing them in license applications and MLCC enforcement proceedings. Their careful attention to the details of your company's liquor operations can protect the value of your investment in any contingency.
To learn more about our ability to advise and represent you effectively concerning any aspect of Michigan liquor license protection, contact one of our attorneys in Bloomfield Hills.