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Steep drop in liquor license prices in San Francisco
Brokers say oversupply and softer demand have pushed Type 47 licenses down from more than $230,000 in 2023 to about $100,000.
Summary by NBC Bay Area
2 Articles
2 Articles
SF Liquor Licenses, Once Worth $250K, Now Trade for Around $100K
In a sign of weak demand for restaurants overall, the once highly valued "full" liquor licenses in San Francisco, which could only be obtained on the secondary market due to a longstanding legal exception, are now worth about a third of what they were before the pandemic.You might not think that the market price for a liquor license would fluctuate, or that the price could tank in a matter of just a few years. It's not like people have stopped d…
Coverage Details
Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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