What happens to the risk assessment and conditions if I sell my business and transfer the liquor licence?
Before a licence is transferred, a new risk assessment is done on the proposed licensee and his/her proposed establishment (see Question 4). While some things about a premises won´t change (for example, it is still in the same neighbourhood), the new owner might change the type of business (for example, a sports bar becomes a fine dining establishment or vice versa) and that might mean different types of risk. The new owner will also have a different business background, etc., than the person transferring the licence, which could lead to different risks being identified.